The End Of Globalisation - Video

[Nostalgia]

Video

The global financial machine has ground perilously close to a halt. This timely film explores what went wrong with economic globalisation. How could the financial world have miscalculated so badly?
We chart financial liberalisation in East Asia, privatisation in Latin America, the reckless transition to capitalism in Russia and Chinas more cautious evolution to a market economy. Our vision of the economy is a caring economy, an economy where the State has to be the fundamental engine, not the market explains economic reformer President Hugo Chavez. We ask whether the policies of lending institutions like the IMF have exacerbated financial crises, as its rescue packages have ended up servicing bank debt. Of course these packages end up rescuing private lenders from the consequences of their own actions, admits economist Paul Krugman, echoing concerns about bailout loans.

We need to ditch the fractional banking system as has Russia now.

[initiatrix]

Originally Posted by Unregistered

We need to ditch the fractional banking system as has Russia now.

They did? When ?

[lincdean]

When They did this.

[garry]

If you ask me globalisation hasn't even started yet, we can't talk about the end of globalisation now, there are still countries in this world that greatly promote it, I myself think it's a great thing for all of us, why would we want to stop globalisation?

Originally Posted by garry

If you ask me globalisation hasn't even started yet, we can't talk about the end of globalisation now, there are still countries in this world that greatly promote it, I myself think it's a great thing for all of us, why would we want to stop globalisation?

You say that globalisation has not even started yet but what good has it done so far?
are we supposed to expect that suddenly the corporations are going to hand over their wealth to the poorest countries and the starving masses, are Africans all of a sudden going to become better off?
Like the EU all that will happen with globalisation is that power will be taken away from the voters of member states with less say for ordinary people.
Look for example what happened with Ireland and the lisbon treaty, they were allowed the vote but when the vote went against the Lisbon treaty the Irish were expected to vote again until they say yes.
If globalistation meant better things for the people then I might agree to it but all that seems to be happening is western jobs going to countries like china and india, places where the corporations can find cheap labour.
how about a global army? If your country was going through hard times and you wanted to change the situation who would you rather be facing, soldiers from your own country or foreign troops who have no family ties or connection?
As far as I am concerned globalisation just means more power for the few and less for the majority, and all the few are waiting for is the technological means to make life more difficult for us ordinary people to make changes to our lives yet easier for the global elite to control every aspect of our lives.