February 1, 2008

Why the World Isn't Flat: The Truth About Globalization and the Secret History of Capitalism

12:30 - 2:00 PM
New America Foundation
Washington, DC

According to the conventional wisdom popularized by Thomas Friedman, countries can grow rich only by means of unfettered capitalism and pure free trade. In his controversial book, Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism, CEPR Senior Research Associate, Ha-Joon Chang takes aim at this orthodoxy. Combining irreverent wit with scholarly rigor, Chang shows that nations like the U.S. that achieved their present wealth by means of economic nationalism now preach an entirely different set of policies to the developing world, via the World Bank, International Monetary Fund and World Trade Organization. Chang calls on us not only to re-evaluate the policies we promote to countries seeking to grow rich, but also to become reacquainted with our own forgotten economic history.

This event was hosted and co-sponsored by the New America Foundation, and New America Foundation Whitehead Senior Fellow Michael Lind introduced Ha-Joon. 

Video:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

"I'm just trying to make a way out of no way, for my people" -Modejeska Monteith Simpkins

 

AFRICAN AMERICA IS AT WAR

THERE IS A RACE WAR ON AFRICAN AMERICA

THERE IS A RACE WAR ON AFRICAN AMERICANS

THERE IS A RACE WAR ON BLACK PEOPLE IN AMERICA

AMERICA'S RACISTS HAVE INFILTRATED AMERICAN POLICE FORCES TO WAGE A RACE WAR AGAINST BLACK PEOPLE IN AMERICA

THE BLACK RACE IS AT WAR

FIRST WORLD WAR:  THE APPROXIMATELY 6,000 YEAR WORLD WAR ON AFRICA AND THE BLACK RACE

Original Post

Capitalism may be used as a rationalization for exploitation but it is not inferent to the economic philosophy.

 

Before 1900 there were almost no automobiles.  How the technology has been implemented has had far reaching influence since then.  There is no reason having to do with capitalism that made planned obsolescence necessary.  To an extent it is the fault of the ignorance of consumers.

 

I call the system Corporate Consumerism not capitalism.

 

The Century Of The Self-Full Length Documentary

http://www.youtube.com/watch?v=YjFL02NmBrc


What has been learned about psychology has been applied to manipulation of people with electronic media.  Just saying capitalism does not explain it.

 

Xum

Originally Posted by Yemaya:

Basically, the Chinese or Americans or Europeans can say whatever they want fact of the matter is Capitalism is based on exploitation. There are MANY countries, people and families who have capitalized on this system.

 

I would say that Capitalism without a system of Checks and Balances in place (that are adhered to and firmly enforced) is what makes it a system of exploitation.

Add Reply

Post
×
×
×
×