The Anarchy of Globalization: Local and Global, Intended and Unintended Consequences
From Jeff Layne
Professor, Economics Department,
California State University, Chico
Dr. Michael Perelman is an internationally-known economist who was in the process of writing his 21st book at the time of this lecture. In this presentation he discusses his thoughts and research regarding globalization – specifically free trade agreements, and their especially negative impacts on people and on nature. He is very concerned with the local effects of globalization or, as he puts it, “where deals are made and the people most negatively affected are not part of the deal.” He uses as examples the international free trade agreements NAFTA and TPP, which he says give up more and more power to corporations. He is concerned that these examples of globalization will continue to increase outsourcing of jobs, promote the use of GMOs in agriculture, and lower the tax base (including money for higher education) as hedge fund corporations hide their assets at such places as the Cayman Islands.
Recorded: April 14, 2015