The Collapse of Globalism and the Reinvention of the World

The Collapse of Globalism and the Reinvention of the World

John Ralston Saul

Language: English

Pages: 303

ISBN: 0670063673

Format: PDF / Kindle (mobi) / ePub


Grand economic theories rarely last more than a few decades and globalization, with its technocratic and technological determinism, and its market idolatry, may have seen its best days. Perhaps it is already a spent force, argues John Ralston Saul - the prize-winning author of Voltaire's Bastards, and On Equilibrium, among others - in this groundbreaking new book. The Collapse of Globalism follows globalization from its promising beginnings in the 1970s through to the increasing deregulation in industry, and into the 1990s, when regional economic collapses and concern for the environment and for the rights of workers led to widespread protest and disillusionment. In the wake of globalism's collapse, nationalism of the best and worst sort, Saul demonstrates, shows signs of making a remarkable, unexpected recovery.

Who is Charlie?: Xenophobia and the New Middle Class

The Idea of Israel: A History of Power and Knowledge

Politics and Power in the Multinational Corporation: The Role of Institutions, Interests and Identities

The Problem of Democracy

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

at the end of the day, leaves even the largest producers struggling to break even. The real profits of the last quarter-century have gone to the managerial organizations — the middlemen — wholesalers and large retail distributors of machinery, additives and bulk food. The implications for the developing world are enormous. In low-income countries, 70 percent of employment is agricultural, in middle-income 30 percent. In the West it is 4 percent, and, even at that, the sector has been in

contradictions. For example, even with ten to fifteen thousand acres of good grain-producing land in Western Canada or the United States and all the best equipment and chemicals, a farmer will have difficulty making a solid and predictable profit. This doesn’t seem to meet the expectations of current economic theory or management structure. No one wants to treat this most transparent of economic areas as a test of global theory, because the conclusion would have to be that, enthusiasms aside, it

would call a Westphalian or others a nineteenth-century nation-state. They wish to express in the fullest possible manner their national existence. We don’t know if this will be positive or negative. What we do know is that in one corner Globalists are declaring the nation-state to be a weakening phenomenon of the past, while in another corner two dozen nation-states stand fresh born, full of energy and ambition with at least a century’s worth of frustration to work out. John Maynard Keynes was

under the weight of technocratic decision making.” — Utne Reader’s 100 Visionaries of the World “John Ralston Saul can claim shelf space with such seminal thinkers as Harold Innis, Marshall McLuhan and George Grant.” — Maclean’s “With his sophisticated international perspective and blunt freedom from cant, he offers a promising persona for the future: the intellectual as man of the world.” — Camille Paglia, The Washington Post “Saul writes as though thinking, wondering and considering

was “strong support for private-sector, market-driven solutions to problems.” David Aaron, U.S. undersecretary of commerce: “[T]hat’s a big change … likely to lead to a lighter hand [of regulation].”1 At the same time, in Helsinki, Joseph Stiglitz was speaking out as the World Bank’s chief economist. His message called for quite a different tack, as he warned us not to misinterpret the Asian crisis. Governments had made mistakes, but in South Korea, for example, they had produced “not only large

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