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Monday, October 01, 2012

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If the problems are being experienced most locally, maybe the solutions will be found there as well. If the corporations have stopped thinking nationally, workers need to as well. How can states, localities, and third-party organizations build local and regional economies without reference to national efforts.

Matthew, it's not that simple. The system of globalization wasn't just an accident of history. There were a number of entities who helped architect it along the way. Principal among them are large corporations, who benefit enormously from globalization. But others who might also benefit from global free trade often can't. For example, large corporations, who have no problem procuring labor anywhere in the world they can find it cheaply, continues to argue that consumers should be limited to purchasing goods and services only from their local markets. See this forthcoming Supreme Court case as an example:

http://www.marketwatch.com/story/your-right-to-resell-your-own-stuff-is-in-peril-2012-10-04

In short, globalization is not a neutral phenomenon. It was designed (or at least steered in its course) to benefit select groups of entities at the expense of others.

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