Monday, March 12, 2007

Joseph Stiglitz : The subtle truth about globalization

Link to Joseph Stiglitz : The subtle truth about globalization: UNESCO

Here is one of just a few persons who has been involved on both sides of globalization and now agrees that while it is generally "good medicine," that it is not for everyone.   Stiglitz is one of the heroes of the anti-globalization movement.  Not that globalization somehow generally bad, but rather that globalization has not helped the poorest of the poor.  A similar view is expressed by Jeffrey Sachs who indicates that until the poorest of the poor can make it to the first rung on the ladder, they will remain perpetually stuck. 

    So it is that Jesus in the second half of Matthew 25 talks about "who" is going to eternal punishment and eternal reward.  Jesus does not mention the usual moral laws that we are so used to hearing at all (personal morality, the 10 commandments, etc). Instead, Jesus says that our eternal punishment/reward turns on how we treated the most humble, the most needy that we encounter in our lives.  We are judged on how we react, how we deal with the most needy, the least noticeable in the world.  "Globalization" does not point itself to those without at least some money, some product to buy or sell or produce.   And so while globalization is not evil in and of itself, it does not reach to those that need it the most, the poorest of the poor.

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