Globalisation and Economic Growth
Synopsis
Local communities everywhere are on the front lines of what might well be characterised as World War III. It is not the nuclear confrontation between East and West – between the Soviet Union and the United States – that we once feared. It is a very different kind of conflict. There is no clash of competing military forces and the struggle is not defined by national borders. But it does involve an often violent struggle for control of physical resources and territory that is destroying lives and communities at every hand. It is a struggle between the forces and institutions of economic globalisation and the communities that are trying to reclaim control of their economic lives. It is a conflict between competing goals-economic growth to maximise profits for absentee owners versus creating healthy communities that are good places for people to live. It is a competition for the control of markets and resources between global corporations and financial markets on the one hand and locally owned businesses serving local markets on the other.
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