A comment on unbridled globalisation: “Proponents of unbridled economic globalization often criticize so-called anti-globalization activists for not recognizing the benefits of free-market growth to developing countries. In favoring neo-liberal policies instead of increased foreign aid, their argument goes something like this: instead of trying to redistribute the world economic pie, we’re making it possible for developing countries to make the pie bigger – or to make their own pies. But even former International Monetary Fund economist Kenneth Rogoff questions the fantasy of an infinitely expanding world economy. In a recent article for Foreign Policy magazine he asks, “What if 1.3 billion Chinese and 1.1 billion Indians suddenly all had cars and began churning out automobile exhaust at prodigious U.S. rates? While the sun might not turn black and the ozone layer might not vaporize overnight, the environmental possibilities are frightening…. If globalization really works, then what is the endgame?” [Source: Sojourners March 21, 2004. See links page on http://www.urbaneyes.com.au ]

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