Recasting Globalization’s Narrative


Today, the self-assured attitude of globalization’s cheerleaders has all but disappeared, replaced by doubts, questions, and skepticism. Doubts all around.

When countries on the periphery of the global system such as Thailand and Indonesia are overcome by crisis, we blame them for their failures and their inability to adjust to the system’s rigors. When countries at the center are similarly engulfed, we blame the system and say it’s time to fix it. The great financial crisis of 2008 has raised serious questions about the sustainability of global capitalism, at least in the form that we have experienced in the last quarter century.

What might have prevented the financial crisis? Did the problem lie with unscrupulous mortgage lenders? Spendthrift borrowers? Greed? Too little regulation? Too much regulation? The debate on these questions remains fierce and will no doubt continue for a long time.


About Giorgio Bertini

Director at Learning Change Project - Research on society, culture, art, neuroscience, cognition, critical thinking, intelligence, creativity, autopoiesis, self-organization, rhizomes, complexity, systems, networks, leadership, sustainability, thinkers, futures ++
This entry was posted in Capitalism, Globalization and tagged , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s