Consider this...

"You can't look at a sleeping cat and be tense." - Jane Pauley

Consider the following aspect of today’s policital-economic scene:

  • Unhindered market competition between economies whose salary standards are abysmally different;
  • the permanent threat of “off-shore” relocation;
  • stockholder demands which require unlimited financial profits, leading to constant reduction of salaries;
  • the resulting chronic debt of households;
  • the total license given to finance to deploy its destabilizing, speculative operations, even those based on household debts (the famous subprimes);
  • the hostage-taking of public finances, called upon to aid financial institutions troubled by recurring crises (“socialism for the rich”);
  • required payment of the cost of these crises either directly or indirectly by the unemployed, taxpayers, users of public services, public employees and pension holders;
  • the depossesion of citizens from any hold on economic policy, henceforth regulated solely according to the desires of international creditors, irrespective of the cost to the social body;
  • the handing over of monetary policy to an independent institution freed from any political control (especially the Central European Bank, but also the Federal Reserve);
  • priority given to short-term returns on investment, leading not only to serious economic disparities but also to the destruction of the planet;
  • the corruption resulting from corporate financing of ever-more-expensive political campaigns.
  • the need for constant wars to guarantee access to critical raw materials

All of these items are the result of what we call globalization.

So it follows simply that if we say we are opposed to globalization, it means nothing more than that we do not want any more of that!

(List inspired by and partly borrowed from Frédéric Lordon, “La démondialisation et ses ennemis”, Le Monde Diplomatique, August 2011.)