One Comment on “Globalization Hurts”

1. Colson says:
   April 22nd, 2007 at 9:55 pm

   One might wonder who benefit from “free market trading”and “globalization”. However, the consequences have been dear for the vast majority and very, very beneficial for the very, very rich. Even booming economies, like China, are no execption to the rule; ten million new wealthy people and a billion in miserable conditions. It’s not even a blessing for ordinary people in the West – their welfare states are obsolete because of this raw capitalism.

   Indeed, Indonesia – like many other developing countries- is in an economic dilemma. Didn’t Nobelprize winner, Joseph Stiglitz (“Globalization and its discontents”) warn us?

   I guess LIPI is doing a much more worthwhile job seeking answer to this problem, than politicians and clerics who keep twaddling about religion and morals.

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