A World to Win: A Rough Guide to a Future without Global by Paul Feldman;Corinna Lotz

By Paul Feldman;Corinna Lotz

Feldman P., et al. a global to win.. a coarse advisor to destiny with no worldwide capitalism (Lupus Books, 2004)(ISBN 0952345412)

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Extra resources for A World to Win: A Rough Guide to a Future without Global Capitalism by Paul Feldman (2004-10-15)

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Health care, child care, elder care, even the sense of caring and community that we used to associate with going to the corner store or coffee shop, are systematically being squeezed out of our lives so they can be provided in the most efficient, antiseptic, functional way possible – at least until the social costs grow so high that they spill over and force their way into the economy, in the form of delinquency, crime, homelessness, mental illness, and social malaise. A survey by the Trade Union Congress (March 2004) pointed out that on average women’s retirement income from all sources is only 53% of men’s.

Mortgage lending was still rising at the fastest rate on record in the summer of 2004. Consumer borrowing reached £1 trillion (£1,000 billion) in the second half of 2004, despite four interest rate rises over nine months. Britain now has more debt as a proportion of its income than any other major country except Japan. The level of indebtedness today is not simply due to indulging in “luxury” items. 7 billion lent during September 2003. The basic need to have a roof over one’s head continues to force millions of people to borrow at a time when property prices have risen beyond their means.

Almost 30% of the world’s gross domestic product (GDP), which is a way of measuring income generated by economic activity. The vast majority (186) of the top 200 have headquarters in just seven countries: Japan, the United States, Germany, France, the United Kingdom, the Netherlands, and Switzerland. South Korea and Brazil are the only developing countries to break into the top group. Half of the total sales of the top 200 are in trading, cars, banking, retailing and electronics. Sklair explains: Globalisation… means transnational practices in which corporate agencies and actors (principally TNC executives and their local affiliates) strive to maximise private profits globally for those who own and control the corporations.

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