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Shouldn't PEN-L members be working furiously to craft economic political rhetoric even more radical
Shouldn't PEN-L members be working furiously to craft economic political rhetoric even more radical than Stiglitz and Krugman ?
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Renowned U.S. Economists Denounce Corporate-Led Globalization
by Charles Brown
26 November 2001 01:29 UTC < < <
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Renowned U.S. Economists Denounce Corporate-Led Globalization
Published on Wednesday, November 21, 2001
Nobel Prize winner Joseph Stiglitz and internationally acclaimed
economist Paul Krugman decry undemocratic, unsound, and unethical
corporate agenda
by James L. Phelan
It seems critics of corporate-led globalization have some new allies.
Recent Nobel Prize winner Joseph Stiglitz, along with well-known
economist Paul Krugman, have of late made a flurry of public
statements critical of the policies and processes of the World Trade
Organization (WTO), the World Bank / IMF, and the proposed Free Trade
Area of the Americas (FTAA) ― while leaving plenty of harsh words for
the blatantly pro-corporate actions of the Bush Administration. Both
economists point to the disruptive and distorting influence of large
corporate entities through their dominance over both domestic and
international institutions.
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