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Taming globalisation

Joseph Stiglitz in The Nation has a brief piece pointing out how the efficiency-enhancing consequences of globalisation should be combined with policies to protect the incomes and employment of low wage earners in developed countries to promote social justice. It is a sensible counterargument to those globalisation enthusiasts who wish to simultaneously cut support for the unemployed and the economically-disadvantaged at home while effectively pursuing labour market liberalisation internationally.

Other contributors to this forum on globalisation include Thea Lee, Will Hutton, James K. Galbraith, Jeff Faux, Joel Rogers, Marcellus Andrews & Jane D’Arista. A good read.

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