People Before Profit: The New Globalization in an Age of Terror, Big Money, and Economic Crisis Review

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People Before Profit: The New Globalization in an Age of Terror, Big Money, and Economic Crisis ReviewWith many books recently written on the topic of globalization it is encouraging to find one that brings out new significant aspects. PEOPLE BEFORE PROFIT does this in a way that places it in the top range of my recommended books. In addition to providing a wealth of important reflections and very useful facts, Derber covers the complex topics surrounding globalization in a clear and very accessible style. By placing himself inside the circumstances and arguments he addresses his readers directly, fostering ongoing reflection and dialogue.
Derber examines the various uses and misuses of the term "globalization" that "globalizers" and "anti-globalizers" are claiming for their own ends. He cuts through the ideologies and myths by probing the concept within its historical context - reminding us that globalization and its driving force, "empire building", have been around for thousands of years. All ancient globalization systems were based on the exploitative relationship between a "core" and the "periphery". The net wealth flowed from the periphery (natural resources, cheap labour) to the core (skilled labour, technology) resulting in an ever-increasing gap between the rich core and the poor periphery.
Derber compares such uneven co-dependent power relationships to a dysfunctional marriage where the powerful partner can leave or bullies the other into submission. The win-win myth of globalization is in fact a "race to the bottom" where the corporations alone have the "exit power". He emphasizes parallels between early US history and the ambitions of recent US administrations. While confined in those days to one country, the concept of globalization can be applied to the American "Robber Barons" then just as much as to the US power brokers of big corporations today. Derber contends their desire to expand economic power and political influence is dependent on the ever-increasing gap between rich and poor. "Free trade" is a misnomer in the context of unequal power relationships between the rich North and the developing countries of the South. In Derber's comparison today's billions of poor in Southern countries have taken the place of the exploited impoverished workforce during the "Gilded Age", underpinning his arguments with many pertinent examples. Yet, his main objective is to motivate all participants in the "globalization game" to learn important lessons from the past. His fundamental precept is that we must "reinvent globalization to create a safe, democratic and economically secure world".
He challenges the narrow economic perspective of corporate leaders, arguing that globalization without democratization will fail sooner rather than later. Insisting that the political, social and cultural aspects of a globalized world have to be given equal prominence, he dissects the world economic and trading systems, such as the WTO, IMF and the World Bank. He emphasizes the importance of the "positive rights" of the UN system (right to food, shelter, work, etc.). These issues, he stresses, are of utmost importance in a fairer globalized world. He deplores the refusal of US administrations to adhere to existing international legal instruments. At the same time, he examines the "antiglobalization" movements differentiating between the "UN camp" and the "barbershoppers", the latter concerned only with the local community. Derber argues strongly that the localists and the globalists have to come together into a network of global justice movements that recognize that real democracy at one level cannot be sustained without democracy at all levels. He challenges his critics who have called him an idealist or similar with clear arguments, reporting on positive trends in intergovernmental trade debates as well as the democratization processes that have emerged since the Seattle demonstrations.
Derber elaborated four principles for a "global New Deal" designed to bring democratic control to the global system and to establish fair economic and trade relationships. One pre-requisite is the dismantling of the Bretton Wood institutions, i.e. the IMF, WTO and World Bank, which he sees as a major culprit for the current unfair global trading system. Real participation of people and accountability to civil society represent other crucial components of his vision. Finally, the "global security" we all want and need, whether citizen or transnational corporation, cannot be achieved without tackling the extreme rich-poor divide in this world. Derber concludes PEOPLE BEFORE POWER with a series of concrete action recommendations for his readers. Read this book, whatever perspective you have on globalization. It might provide you with new insights and understanding of the challenges ahead. [Friederike Knabe, Ottawa Canada]People Before Profit: The New Globalization in an Age of Terror, Big Money, and Economic Crisis Overview

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