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Monday, April 03, 2006

Globalization: dark and democratic?

Nothing comes without a price, says Paul Sheehan on globalization. And he outlines the price quite clearly:
  • erosion of working conditions,
  • a rising gap between haves and have-nots,
  • a looting of community assets by fee-gouging financial brigands,
  • a siphoning of corporate profits by overpaid executive bedouins, and
  • the loss of entire industries shipped offshore, mostly to China.

His final question puts the English-speaking world in its place.

Are you any more deserving than a young Chinese worker desperate to get out of poverty?