quote: The IMF and the World Bank carry on as if nothing had changed, but it is already clear that we have entered a new era of state power.
By John Gray
[ April 03, 2002: Message edited by: rasmus_raven ]
From: Fortune favours the bold | Registered: May 2001
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DrConway
rabble-rouser
Babbler # 490
posted 03 April 2002 02:14 AM
I like, I like. I especially like the section where John Gray points out that "national security" interests of the USA are trumping the earlier globalization-at-all-costs agenda that authorities used to promote, and this in turn is starting to throw sand in the wheels of free trade - witness the steel and lumber tariffs as well as the heightened security at the border checkpoints. The heightened security, people figure, adds a noticeable cost to imports even from Canada.
National security is also slowly beginning to erode the sanctity of offshore tax havens as the US government has come to realize how its toleration of such have permitted the free flow of funds to terrorist groups of all kinds.
However an ideology does not reverse itself in one night. The Soviets took nearly a decade before Communism died in all but name, and then even that faded away in 1991.
From: You shall not side with the great against the powerless. | Registered: May 2001
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