Globalization and its discontents
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Globalization and its Discontents. Money makes the world go round. I. Major concern of all organizations are the SAPs. Require currency devaluation that reduce the price of a country’s exports. Massive cutbacks in education, health services and public infrastructure.

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Globalization and its Discontents

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Globalization and its Discontents

Money makes the world go round


I. Major concern of all organizations are the SAPs

  • Require currency devaluation that reduce the price of a country’s exports.

  • Massive cutbacks in education, health services and public infrastructure.

  • Stress on international competitiveness rather than social priorities

  • Stress building an economic environment that is conducive to foreign direct investment.

    • Often involves privatization of land and national companies, e.g. communications and infrastructural companies.

    • Debt seen as a lever that compels many countries to open their economies to global competition.

    • SAPs also seen as taking over the control of national policies.


II. The Effects of these Changes are Diverse and often Invisible, since they seem to emanate from ‘Economic Imperatives’

  • Increasing polarities of wealth and poverty.

  • Decreasing government regulation of environmental, health and safety issues.

  • Increasing privatization of common property in small-scale, rural communities.

  • Emphases on productivity and growth as major criteria of viability of communities.

  • Emphasis on the individual as the source of autonomy, poverty increasingly defined as individual failure.


III. Responses to ‘the Washington Consensus’ have also been diverse

  • Student movements

  • Jubilee 2000

  • Anti-Debt movements

  • Peace Movements

  • Fair Trade

  • Human Rights Movements

  • Anti-Dam Movements

  • Squatters’ Movements


IV. Movements for Land Reform and Against Privatization of the Commons:

  • Zapatista Movement in Chiapas, Mexico

  • Sem Terra, the Landless Workers’ Movement in Brazil

  • Via Campesina, a peasant union covering 37 countries.

  • Confederation Paysanne, from France, also against GMCs, and MacDonalds.


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