With the rapid expansion of gold mining, social movements in many countries have gathered force to oppose the mining. Environmental concerns have been central to this opposition. But the opposition has grown into a larger critique of “what is development?” posing corporate-led export growth against peasant-led local agriculture.
The free market guru Milton Friedman understood what so many progressives do not: that crises create opportunities for radical change. From low-wage workers, to local entrepreneurs, from independent
thinking elected officials to the global networks that brought you the
Battle in Seattle a decade ago, there's a new questioning of the Wall
John Cavanagh, Sarah Anderson, Chuck Collins, Sam Pizzigati
26 September 2008
Congress should use the proposed bailout legislation for much-needed reform ' in particular the need to start confronting the top-heavy distribution of American income and wealth that has fueled this Wall Street meltdown in the first place.
This book takes readers on a journey through the rise and fall of the one-size-fits-all model of development that richer nations began imposing on poorer ones three decades ago. It brings into question the entire conventional notion of “development,” and offers readers a new lens through which to view the way forward for poorer nations and poorer people.
Today, just as faith in deregulated markets has evaporated in the nightmare on Wall Street, so too is the long reign of market fundamentalism (or neoliberalism) ending in the development arena. And, a debate over the best route to development has returned.
A series of provocative essays by leading researchers and activists on three crucial questions: what kind of development should new global economic institutions promote, what are the viable alternatives to the World Bank and IMF and what other global economic institutions are needed to promote a more just trading order with greater social and ecological responsibility.