By John Ralston Saul. Harper’s Magazine March Grand economic theories rarely last more than a few decades. Some, if they are particularly in tune with. John Ralston Saul’s The Collapse of Globalism ($, Overlook, ) brings a new argument to the debate about economic globalization. John Ralston Saul, Canadian political philosopher and Renaissance man-about- town, has written a book that attempts to answer that question.

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A sudden revival of sectarian nationalism in Northern Ealston. Refresh and try again. That the power of the nation-stare was on its way out, to be replaced by that of global markets.

The Collapse Of Globalism: And The Reinvention Of The World by John Ralston Saul

Security Council to block a serious international intervention. Of course most people in business were working away as best they could, more or less as they always had, whatever the ideology in place. Arthur Andersen demonstrated that accountants can act as badly as anyone else. Argentina is picking itself up yet again, while its educated youth emigrate en masse. Meanwhile the conflict between Brazil and South Africa and the western drug companies – with their absurdly high prices and their insistence on intellectual property rights which Saul quite rightly describes as an outrageous form of coupon-clipping – has brought what were previously seen as rather esoteric issues to the attention of an increasingly outraged global public.

Yes, Saul does describe six concrete points that arise out of the ideology of progress or read the “continuation of ruler-ship by the most powerful,” which can be used by those who already possess some power to reckoned with to try and counteract the relentless impetus of progress.


The war that followed in Iraq quite intentionally put an effective end to the half-century-old Western alliance produced by the Second World War. Links and Resources on Globalization. The real question is: Feb 12, Heather rated it liked it Shelves: Late in the year the WTO was humiliated in Seattle by unprecedented demonstrations. When surveying the world, what is striking its not the uniformity of policy but the diversity.

The developing world successfully resisted the proposal and it died a death. Rather, Saul demonstrates just how far the neoliberal economic order has loosened from its classical liberal and Keynesian moorings, failing to achieve even the objectives of welfare maximisation and wealth creation that supposedly lie at its centre.


Globalization of the Economy. The religious fervor had been blended with sparkling waves of new technology and with masses of microeconomic data, all presented as fact. That braying enthusiasm has given way to no more than a squeak. Jul 18, Fab rated it it was ok Shelves: Washington had chosen in January not to take the time to put together the traditional Western battlefield coalition.

The Collapse Of Globalism: And The Reinvention Of The World

Indeed, this was apparent as early aswhen the Yugoslavian army tried to stop Slovenia and Croatia from leaving their federation. Dec 08, Sol rated it liked it.

It started with the corn First book in ages to get me to write a summary to colllapse to remember it: Some of them had never had such an opportunity. By then wedding our governments to a permanent state of deficit-free public accounting, our societies would thus be stabilized.


Phhheeww, do I ever need to take a break from reading political manifestos. However, it should be a recommended read to all those in positions of power. But he is no blind advocate of globalism either. For example China has significant controls on its cash flows and you can not speculate globzlism its currency.

For years the painful job of building the modern nation-state had depended on a continual rebalancing of binding rules for both the public good and self-interest. It is not clear what will fill the vacuum left by the faltering of confidence in globalisation, but Saul is not inclined to mourn the intellectual poverty and arrogance of that mindset.

But its collapse has Left us with a chaotic vacuum: Never before had the great nations so explicitly and single-mindedly organized their core relationship around naked, commercial self-interest, without the positive and negative counterweights of social standards, human rights, political systems, dynasties, formal religions, and, at the negative extreme, supposed racial destinies.

The moment we entered the post-Globalization vacuum, you could feel that fear begin to rise. Or was it 3 million?

Second, the idea of transnationals as new virtual nation-states missed the obvious.