Corporate globalization and the economic agreements designed to entrench it have little to do with trade - and all but the most ignorant neo-liberal pundits surely know this too.
--
Chapter 2, Globalization - It's Not About Free Trade, p. 30David McNally (professor)
» David McNally (professor) - all quotes »
The importance of international trade for economic development cannot be overemphasized. But free trade is not the best path to economic development. Trade helps economic development only when the country employs a mixture of protection and open trade, constantly adjusting it according to its changing needs and capabilities. Trade is simply too important for economic development to be left to free trade economists.
Ha-Joon Chang
Globalization is a trend with many gurus; not all have been wise. Some, writing during the economic euphoria of the Clinton years, predicted that global trade would translate into global peace. In The Lexus and the Olive Tree: Understanding Globalization, Thomas Friedman even dismissed terrorists like Ramzi Youssef, architect of the 1993 World Trade Center bombing, as ineffectual "Yahoos" who were not the wave of the future. We know now that the Ramzi Youssefs of the world are not ineffectual; that they will threaten us for decades to come; and that they will seek to acquire weapons of mass destruction and use them against us.
Mark Riebling
The broadening of the economic order which came to be seated in the individual property owner… dramatized by Jefferson's purchase of the Louisiana Territory… "The supremacy of corporate economic power… consolidated by the Supreme Court decision of 1886 which declared that the Fourteenth Amendment protected the corporation… [the New Deal, leading to], within the political arena, as well as in the corporate world itself, competing centers of power that challenged those of the corporate directors.
C. Wright Mills
[O]ne of the most astonishing features of this apparently antagonistic world survey of the globalization process is the utter absence of any serious economics. This is truly political science of the most arid and specialized type, all diplomatic and military clashes, without a hint of the unique dynamics of the economic that makes for the originality of historiography since Marx … here the plurality of cultures simply stands for the decentralized, diplomatic and military jungle with which "Western" or "Christian" culture will have to deal. Yet ultimately, any discussion of globalization surely has to come to terms, one way or another, with the reality of capitalism itself.
Samuel P. Huntington
I voted against NAFTA, GATT, and Permanent Most Favored Nation status for China, in great part because I felt they were bad deals for Wisconsin businesses and Wisconsin workers. At the time I voted against those agreements, I thought they would result in lost jobs for my state. But, Mr. President, even as an opponent of those trade agreements, I had no idea just how bad things would be.
Russ Feingold
McNally, David (professor)
McNamara, Robert
A
B
C
D
E
F
G
H
I
J
K
L
M
N
O
P
Q
R
S
T
U
V
W
X
Y
Z