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Globalisation, Demise of Australian Nation (G.L.Strachan) |
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"Let me put this clearly -- globalisation is an irreversible trend. It is happening. And it is good for all Australians, the region and the world." Those were the words of Australia's Minister for Foreign Affairs and Trade, A. Downer, at the National Press Club in December 1997. But even as he spoke, 90% of Australia's major business and 80% of its economy had already been taken over by global interests, 40% of its farming sector had been destroyed, and all of its public assets and utilities were rapidly being auctioned off. As for the region, within months of Mr. Downer's statement the Asian Tiger economies, held up as examples of the success of 'globalisation', collapsed, requiring $billions of taxpayers money worldwide in 'bailout packages'. As for the world, globalisation is now so popular that globalist bodies such as the OECD, the WTO, and IMF have to meet behind barricades, protected by barbed wire and riot police. The official story is that globalisation is 'just another word' for 'trade liberalisation' -- freer trade worldwide. But trade has always been global, and 'free' trade was the official policy of the major trading powers during the nineteenth century. So what is globalisation really? The verb 'globalise' means 'to make global'. Something is being made global now that wasn't global before? What is it? |
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