[PEN-L:29550] On Stigliz

[miychi <miyachi9@xxxxxxxxxx>]

I read stigliz's article " globalism's discontent"

He distinguish good side of globalism and dark side of globalism
But this distinction is nonsense.

In capital market, capital forms credifying commodity ,so 1970^90, East Asia
Did not grow ,simply GNP grew, and peoples' life worsened
Global governance is not effective because credit flow beyond global
governance. He propose simply social justice ,so his proposal not effective.
Rather alternative economy grows within Capitalist society as Lets local
community rebuilding NGO, etc.

MIYACHI TATSUO
9-10.OHTAI,MORIYAMA-KU
NAGOYA CITY
463-0044
JAPAN
miyachi9@xxxxxxxxxx