[Pen-l] "globalisation in action "

["Chris Burford" <cburford@xxxxxxxxxx>]

Review of the week by an assistant editor of the Financial Times on BBC 1 
this am: -

What we have seen is "globalisation in action"

Although the British economy has taken action, it needs other economies 
around the world to do the same
(?)

It is rather like a modern day pandemic, like avian influenza.


She warned that the trend towards greater nationalism could be a danger, but 
did not talk about isolating an infection. Nor did not use another metaphor 
that occured to me -
where are the bulkheads to damp down lurching water in a leaking ship?

Apparently she has a PhD in social anthropology so maybe some of her 
commentaries are deeper.

http://www.ft.com/comment/columnists/gilliantett



I thought the analysis was not very profound but the language is shifting. 
BBC commentators and their interviewees are starting to talk again frankly 
about globalisation and capitalism. The ground is shaping up for more social 
control of capital on a global scale.

Whether that social control is mainly in the interests of the great majority 
of the population or mainly in the interests of the power elite will depend 
not on technicalities but on the political strength and coherence of the 
different classes and strata. The global intelligentsia may be pivotal.

Chris Burford
London

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