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It's a policy of systematic exploitation which privileges the rich at the expense of the poor. While poverty is sometimes eliminated, the cost is literally incalculable. 'Growth' is really based on accumulating a huge ecological debt, and this will have to be repaid at some point, one way or another.
So while India and China are developing, their own ecologies are falling apart, and unless something dramatic changes, there really isn't more than a century of this kind of progress left. Meanwhile Africa is deliberately kept down at heel so that resources can be exploited as cheaply as possible.
So globalisation - which is really just violent theft and bribery with annual accounts - shouldn't be confused with global awareness. Which could potentially be about the West meeting 'less developed' cultures on equal terms instead of assuming that the Western approach is the best one, and the only possible one.
nicely put.
in the absence of transparency and rule-enforcement all business inevitably becomes crime; profit can always be maximised through cheating and exploitation. The difference between theory and practise in practise ...
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