Neoliberalism is founded on free trade, the concept of private business, and a minimal role of the state. It is the mental framework of globalization. It also comes with a huge social cost. To offer a comprehensive paradigm to replace neoliberal globalization is deglobalization for the developing countries.
The deglobalization paradigm rests on some solid recommendations [...]
Supporters of the World Trade Organization have sung praises on how the organization is the institution of even the smallest countries and the most inconsequential economies. They evoke an impression of a welcoming congregation where everybody has an equal footing, equal voice, equal presence, and equal significance. That’s an impossible scenario, of course. There’s nothing [...]
Before 2000, the buzzword ‘WTO’ was less understood. The primordial concern of tariff reduction was somehow nondescript to people. It was, perhaps, in the later concept of the governments’ uses of ‘non-tariff barriers to trade’ that got the WTO much press.
The WTO has been controversial in such areas as anti-dumping measures, environmental and safety regulations, [...]
If one shortcuts the path from the temptations of free trade and the current global recession, one can glean that free trade caused greedy and ambitious producers (plus all and sundry that support their endeavors in any which way) produce more and more, or perhaps even just attempt to produce more and more – all [...]
The worldwide software market today is upwards of $240 billion annually. This is partly because Gates got most computer users to pay for their software, thus starting a trend. The result was expected. Other software companies followed suit, and likewise charged. But Gates was ahead of the game since he virtually invented the concept of [...]
There has been some criticism that the US rescue plan comes replete with protectionist measures. The plan is primordially meant to be the first law signed to ensure equal pay, thereby eradicating pay discrimination based on race and gender. What the recovery plan for the world’s biggest economy, now colloquially dubbed “Buy American,’ also reeks [...]