Tuesday, July 17, 2012

Wisdom about Globalization from Stiglitz

"The problem...is that economic globalization has outpaced political globalization. Governments use to ensure that the capitalism was tempered and that development helped people across society. Now we are more interdependent and need collective action on a variety of things, yet we have yet to create the political structures that allow that to be done in a democratic way."
Joseph Stiglitz  
Globalization & Its Discontents, 2002

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