Thanks for the outline, rb. I was perhaps too vague. My brain is a bit addled as I'm ridiculously busy these days.... but what I was trying to imply was that world markets are in the situation they are in because of American-born policy and theory. Much of what we see of neoliberalism and globalization found its start in American academia and policy experiments. It appears that over time, other markets have been infected by this. There is too much integration.
Besides the Americans (and Thatcher), who else has spearheaded this mode of economics at this scale? Everyone else simply followed suit. And why not? America's been the largest economy in the world for a long time now.
Look at what symbiosis can do to you when things go wrong...when things are structured poorly...and no one person (ie, nation-state) can fix it.
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Knowing that death is certain and that the time of death is uncertain, what's the most important thing?
—Bhikkhuni Pema Chödrön
Humankind cannot bear very much reality.
—From "Burnt Norton," Four Quartets (1936), T. S. Eliot
Last edited by Baraka_Guru; 09-18-2008 at 08:55 AM..
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