Tag: Globalization

  • Is a Democratic Biopolitics Possible?

    Giorgio Agamben’s recent intervention (“The Invention of an Epidemic”) which characterizes the measures implemented in response to the Covid-19 pandemic as an exercise in the biopolitics of the “state of exception” has sparked an important debate on how to think of biopolitics. The very notion of biopolitics, as it was formulated by Michel Foucault, has … Keep reading »

  • Inoculating Against Globalization: Coronavirus and the Search for Alternatives

    Social developments constantly surprise. The latest anxieties over the economic contradictions of extreme globalization haven’t been triggered by a trade war, inter-imperial rivalry, a financial meltdown or riots in the streets. They’ve rather been sparked by an apparently non-economic and contingent event: the coronavirus outbreak. As precautionary measures send workers home in a place few … Keep reading »

  • No, the Coronavirus is Not Responsible for the Fall of Stock Prices

    We are witnessing a big crisis in the stock markets on Wall Street, Europe, Japan and Shanghai, and many blame the coronavirus for it. In the last week of February 2020, the worst week since October 2008, the Dow Jones fell 12.4%, the S&P 500 fell 11.5% and the Nasdaq Composite fell 10.5%. The scenario … Keep reading »

  • Globalization’s Corroding Edifice

    The World Bank’s World Development Report (WDR), published every year since 1978, plays a similar role to that of the state of the union address in the US, in which the president hopes to keep the faith of the Congress and public. Its task is to persuade state leaders, policy-makers and academics, directors of industry … Keep reading »

  • States and Markets: The Making of Globalization

    Session 5 of the Transcending Pessimism, Reimagining Democracy conference: States and Markets: The Making of Globalization. Presentations by Dick Bryan, Ana Garcia, Sean Starrs and Pat Armstrong. Recorded in Toronto, 7 October 2017. Watch video »

  • Trump’s Economic Policies Are No Answer To Our Problems

    President Trump has singled out unfair international trading relationships as a major cause of US worker hardship. And he has promised to take decisive action to change those relationships by pressuring foreign governments to rework their trade agreements with the US and change their economic policies. While international economic dynamics have indeed worked to the … Keep reading »

  • Rethinking Recovery: Poverty Chains and Global Capitalism

    Reorienting value generated within ‘global poverty chains’ is essential to improve the lives of an impoverished world labour force. Contemporary global capitalism is characterized by extreme wealth concentration and a rapidly expanding and largely impoverished global labour force. Mainstream institutions such as the World Bank and International Labour Organization encourage integration into global value chains … Keep reading »

  • Africa And Globalization

    Economists continue to celebrate the free movement of goods, services, and capital. However, faced with slowing economic conditions in core countries, it is now third world growth that is highlighted as proof of the gains from unregulated globalization. As the United Nations Conference on Trade and Development points out: “The crisis and its fallout have … Keep reading »

  • Understanding Globalization

    Toronto — 19 October 2013. Presentations by: Sam Gindin, co-author with Leo Panitch of The Making of Global Capitalism: The Political Economy of American Empire. David McNally, author of Global Slump: The Economics and Politics of Crisis and Resistance. Sponsored by Education Committee of the Greater Toronto Workers’ Assembly.

  • Globalization And Its Consequences

    Although capitalism has always been a global system, the international integration of production and finance and our dependence on cross-border activities seems greater than ever before. At the risk of oversimplifying, we now have a world system within which Latin America, Africa and the Middle East specialize in the production and export of primary commodities, … Keep reading »