The concern of this book is to ask who are the winners and the
losers of globalisation. Globalisation is currently being presented
as something which is inevitable and to which there exists no
alternative. However, present globalisation is increasingly defined
in the context of market liberalism where the language of markets
and competition has become interchangeable with the language of
globalisation. This approach represents specific political
decisions on liberalisation and privatisation. Present forms of
globalisation have contributed to major shifts in income
distribution both between and within countries. Wage earners in the
advanced industrial economies have experienced stagnating 'take
home pay', while the incomes of the top one percent of earners
secured a larger share of income. There is now emerging a
plutocracy that through financial contributions to political
parties and the financing of academic think tanks are also
distorting the democratic process. There is little evidence of the
trickle down process. Market liberals continue to influence the
definitions and the shape of globalisation. Increased integration
and interconnectedness depends on the ability to listen and to
honour alternative views of development.
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