What impacts has globalization had?
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About the video: ‘What impacts has globalization had?’
John Cavanagh looks at the history of economic globalization. He believes we are emerging from a “dark age” of the 1980s and 1990s, which saw the rise of what George Soros termed ‘market fundamentalism.’ This, he believes, was a period during which world economies thrived at the expense of democracy, environment, sustainability and dignified work. Cavanagh looks at the emergence of two positive trends that could bring about much-needed sources of countervailing power to contain corporate interests. One is the rise of citizen movements in the global south, something politicians cannot ignore. The other source of hope is the recent success of progressive leaders in national elections held in Latin America and elsewhere.
Total views: 2,971
Filmed: Washington DC, USA on 13 April 2005
Credits: Interviewer - Marcus Morrell Camera and Editor - Marcus Morrell
Copyright © 2005 Big Picture TV
About John Cavanagh
John Cavanagh is the Director of the Institute for Policy Studies in Washington DC (since 1998). Formerly an economist with UNCTAD and the WHO, he co-founded the International Forum on Globalization (IFG) in 1995. He also sits on the executive committees of the US-based Alliance for Responsible Trade and the Citizens’ Trade Campaign and works closely with the Progressive Caucus of the US Congress. He is the co-author of numerous books and articles on globalization, corporate accountability and international labour rights.
His latest book is “Development Redefined: How the Market Met Its Match (International Studies Intensives) ” written together with Robin Broad.
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