Keith Hudson wrote:
> Of course, all the above is assuming that the ordinary people of most of
> the 100 poor countries of the world really do want to go down our
> particular path.

... and since this assumption is wrong, your whole posting is moot.

Hint: Globalization doesn't work, PERIOD.  No "when..." conditions required!

Or let me rephrase this:  Globalization works __for the globalizers__,
but not for the rest as the globalizers advertize it.

Anyway, globalization is the wrong term.  (see earlier postings)


Ed Weick wrote:
> Keith, I must say that you do start some of your posting rather
> provocatively.  Could globalization not as easily be about a number of other
> things such as corporate power, taking advantage of dirt-cheap labour in
> poor countries, and American hegemony?  I don't know if you read my posting
> on Joseph Stiglitz, but what he says sure makes it sound as though we are a
> long way from Ricardo.  I'm reading Noreena Hertz right now.  Having read
> about half the book, I still haven't come across Ricardo.  Not a single
> mention yet.  I, like many other people in this strange world, am trying to
> understand globalization.  But I don't think I want to rely on the classical
> economists.  About  all they can tell me is how nice it would be if everyone
> behaved themselves.

Agree.  Keith's stories about Ricardo's iron law are about
as useful for understanding the problems of globalization
as Keith's stories about stone-age cave-men who exchange furs/bows
are useful for understanding the traffic problems from 40-ton trucks.

Chris


Reply via email to