Source: YES! Magazine
WTO+10: Before 1999, the momentum of globalization seemed to sweep everything in front of it, including the truth. But in Seattle, ordinary women and men made truth real with collective action.
It is now generally accepted that globalization has been a failure in terms of delivering on its triple promise of lifting countries from stagnation, eliminating poverty, and reducing inequality. The current deep global downturn, which is rooted in corporate-driven globalization and financial liberalization and the ideology of neoliberalism that legitimized them, has driven the last nail into the coffin of globalization.