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Globalization

Sell The Lexus, Burn The Olive Tree

Globalization and its Discontents
I was getting myself measured for a straitjacket when I received an urgent message from Bolivia.
The jacket was Thomas Friedman’s idea. He’s the New York Times columnist and amateur economist who wrote The Lexus and the Olive Tree, which is kind of a long, deep kiss to globalization. I was in Cleveland to debate Friedman at the Council on World Affairs meeting in May 2001. Globalization, he told the council, is all about the communications revolution. It’s about the Internet. It’s about how you can sit in your bedroom, buy shares in Amazon.com and send e-mails to Eskimos all at the same time, wearing your pajamas.

Greg Palast On Globalization

by Lloyd Hart
On one of the best trips I have ever taken to New York City in which I started the filming of a documentary on globalization, I had no idea what to expect from the protests that were about to take place over the arrival of the World Economic Forum as it made it’s hasty retreat from it’s mountain hideaway in Switzerland to what it thought was sacred corporate ground in New York City. I did however have a good idea what I could expect from Gregory Palast

Who Shot Argentina?The Finger Prints On the Smoking Gun Read 'I.M.F.’

And news this week in South America is that Argentina died, or at least its economy. One in six workers were unemployed even before the beginning of this grim austral winter. Millions more have lost work as industrial production, already down 25% for the year, fell into a coma induced by interest rates which, by one measure, have jumped to over 90% on dollar-denominated borrowings.