South Africa is playing a significant role in supporting and extending the power of the World Trade Organisation, a new system of global government. This not only entails South Africa surrendering its own policy-making rights and space, but also means bargaining away the South African peoples’ democratic rights to determine their country’s internal economic, environmental, social and cultural policies.
Dark Victory reveals the roots of rising poverty and inequality in the South in a sweeping strategy of global economic rollback unleashed by the US to shore up the North's domination of the international economy and reassert corporate control.
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.
This book brings together acknowledged experts in their respective fields to provide a uniquely authoritative and comprehensive perspective on globalization and its impact on South Asia generally, and on India in particular.