ABSTRACT
Globalization is a finance-driven phenomenon. Its operations are geared to a key assumption advanced by neoliberal economists: “maximize financial returns and – trust us – everything will turn out fine.” As I will show, that naively mechanistic model is dangerously dysfunctional. Its unbridled operations are a key reason wealth is being redistributed worldwide – from poor to rich, from poor country to rich country, from the future to the present – with the unflinching support of rule-making crafted by the World Trade Organization (WTO).
