History 1807 Lecture Notes - Lecture 32: Monetarism, Anti-Globalization Movement, No Logo
21 Apr 2016
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Transference of power from state to national institutions. Transference of power from people to distance bureaucracy. Decline of state = no longer able to serve as brokerage of communication. Fight of civilizations b/c represent threat to your civilization. With passage of wto, seen as triumph b/c of success of free trade and globalization. Starting to sense that losing power when transference of power. Moreover, they suggest global trade is governed by unelected global institutions that can subvert the will of democratic governments. Globalization thus subverts democratic institutions in favour of ones that will advance business interests. Naomi klein has emerged as major critic of int"l organizations with her 2 books: No logo (2000) mass shift in economic economy b/c didn"t allow small business to compete. Shock doctrine (2008) provided searing indictment to milton freedman who promoted monetarism (supported deregulation) Looks @ what he did in south american became south african dictatorship consultation.
