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Globalization and Postmodern Politics By:Roger Burbach

A new movement has arrived. Wherever the elites of global capitalism meet, under the auspices of the WTO, World Bank, IMF, or the EU, so too do protestors, in their tens of thousands. But what is its nature?

Some sense of it is given by Roger Burbach in this book. For him, public enemy number one is neo-liberalism. It was the dictatorship of Augusto Pinochet in Chile', he writes, that served as the first laboratory for an experiment in neo-liberal economics in the mid- and late 1970s with its bloody repression of the working class, privatization of state companies, and dismantling of the public health system.

Neo-liberal strategies began in countries such as Chile, Britain and Canada in the mid-1970s and were internationally hegemonic by the late 1990s.

But the model is failing society. Neo-liberal globalisation has not ushered in an epoch of peace and prosperity. For Burbach, this is an epoch of extraordinary conflict, upheaval and uncertainty, as manifested in frequent economic crises and financial turbulence, particularly in the Third World.

However, despite economic implosion in much of the world, certain businesses have been doing very well for themselves, notably the major TNCs. The bulk of the world market in many sectors is divided amongst a few giants. These use their technological edge but also economic muscle and political influence in the pursuit of market dominance. One crucial means to this end is the control over knowledge. Burbach quotes an intellectual property lawyer to the effect that the control of intellectual assets by modern corporations makes the monopolies of the nineteenth century robber barons look like penny-ante operations.

For workers the neo-liberal world has a different face. In the wake of employers' offensives against.

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