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Creative Destruction: How Globalization Is Changing the World's Cultures.
by Tyler Cowen, University of Princeton Press
The End Of American Capitalism? - washingtonpost.com
"Derivatives and hedge funds are like casino gambling," said South Korean Finance Minister Kang Man-soo. "A lot of Koreans are asking, how can the United States be so weak?"
Global Financial Crisis 2008 — Global Issues
Sum up of the 2008-2009 Global Financial Crisis
Technology and development | The limits of leapfrogging | The Economist
While mobile phones are a notable developing-world example of technology leapfrogging, most of the time, to go high-tech, you need to have gone medium-tech first.
Quotes
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The first thing we see as we travel round the world is our own filth, thrown into the face of mankind.
—Claude Levi-Strauss, from Tristes Tropiques
Just as trade typically makes countries richer in material terms, it tends to make them culturally richer as well.
—Tyler Cowen, from Creative Destruction
To expand the global market, increase the number of consumers, make sure that they buy what is sold, develop needs that conform to what is produced, and develop the fever of consumerism, culture must play a role in developing certain values, patterns of behavior, visions of what is happiness and success in the world, attitudes toward sex and love. Culture must model a global consumer.
—Sherif Hatata, from "A Global Culture for a Global Market," in The Cultures of Globalization, Jameson & Miyoshi, eds.
The essence of globalization is a subordination of human rights, of labor rights, consumer, environmental rights, democracy rights, to the imperatives of global trade and investment.
—Ralph Nader
http://www.globalpolicy.org/globaliz/define/kism.htm
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Capitalism's ideal is a borderless global economy in which money
and goods can be moved freely in search of short-term maximum profits without
regard to the consequence for people, communities and nature. -
The operation of the present capitalist system illustrates how it is dedicated to
making money to the exclusion of all other interests. - 3 more annotations...
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