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WHAT ALTERNATIVE TO GLOBALIZATION? |
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| Victor Wallis* | |||||||
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A review
of Walden Bello, The Future in the Balance: Essays on Globalization and
Resistance. By Walden Bello, edited and with preface by Anuradha Mittal.
Oakland, Calif.: Food First Books, 2001. xviii + 264 pp.; $13.95. First
published in Monthly Review, September 2002
What
kind of popular movement is coming into being at the present time? It
is certainly one that has turned its sights on capital's leading exponents,
and not just in response to specific issues. More impressively, it now
routinely targets capital's periodic international gatherings. Already
before September 11, presidents and financial leaders could no longer
confer globally except under fortress conditions, deployed against tens
of thousands of protesters. This book brings together his essays, columns, and interviews from the last four years on globalization-related issues, from the World Trade Organization to the 1997 Asian financial crisis to debates on "sustainable development." As such, it is an important document of struggle. It bears the invigorating stamp of immediacy even if it lacks the definitive quality of sustained argumentation. Its descriptive parts provide a highly readable introduction to the major international financial organizations and, especially, to the devastating impact of speculative investment on Third World economies. With particular regard to Asia's formerly touted "tiger" economies, Bello offers a damning account of their shaky foundations and of their eventual collapse, as orchestrated not only by the mega-money-changers but also by US policy-makers. More generally, Bello shows the degree to which, despite official rhetoric about trade "helping the world's poor," exports from rich countries remain heavily subsidized while international organizations have abandoned whatever countervailing support they might once have offered the Third World—for example, by insisting on more equitable terms of trade—during the heyday of post-World War 2 developmentalism. Bello may be read as a reliable guide to the institutions of neoliberalism as they have taken shape over the last quarter-century. So long as he is addressing the mechanics of these institutions and their impact, he is on solid ground. Much of his discussion, however, goes beyond this to touch, even if lightly, on deeper structural questions. His positions here become more debatable, but are all the more important inasmuch as they underlie the policy proposals that he puts forward throughout the book. His prominence in the anti-globalization movement makes it vital for us to address these matters. Bello
is against the WTO; he is against the "Bretton Woods twins"
(the International Monetary Fund and the World Bank); and he is against
transnational corporations. His opposition to these entities reflects
a thorough awareness of their systemic roles. As he puts it, "Multilateral
structures entrench the power of the Northern super-powers under the guise
of creating a set of global rules for all" (p. 31). Consequently,
the interest of the South lies in weakening such structures. In the ongoing
strategic debate over whether they should be reformed or abolished, Bello
thus tends toward the more radical stance. At the same time, however,
he is careful to distance himself from an anti-capitalist position. Two
statements of his may be considered typical. The first is a slogan that
could be uttered by almost any bourgeois politician: "Clean up government,
so [that] it can serve as a more effective partner and regulator of the
private sector" (p. 117). The second statement attempts to reconcile
such a posture with his populist goals: "Disabling, disempowering,
or dismantling the transnational corporation [TNC] should be high on our
agenda as a strategic end. And when we say this, we do not equate the
TNC with private enterprise, for there are benevolent and malevolent expressions
of private enterprise" (p. 222). The "benevolent" expressions
would then presumably reside in smaller-scale firms, and yet these are
the very entities whose interests Bello invokes when he argues against
the enforcement of eco-labeling (e.g., of "turtle-safe" shrimp
harvests) (p. 175). To be sure, eco-activists in the North need to take into account the immediate impact of environmental regulations on the economies of the South. Any proposals should reflect some level of international consensus. And if Third World countries would be harmed economically, by say attempts to protect turtles, then some compensatory mechanism must be introduced to help them meet their needs. In this respect Bello is right. At the same time, however, it is appropriate to ask Bello to what extent he is willing to tie the long-term well-being of Third World peoples and ecosystems to the interests of exporters from those countries who are seeking a niche in the global market. The dilemma, at any rate, is clear. The underlying question is whether, to what extent, and for how long the market is to dictate the course of Third World development. In the meantime, Bello's very recognition of an antagonism between ecological and business priorities is sufficient commentary on the potential for "benevolence" in capitalist operations, even when these are "non-corporate." Capital's ultimate allegiance to the bottom line is independent of size. Why is it politically important to remind people of this? My sense is that we are at a formative stage in the development of this new movement (which does not yet even have an agreed-upon name). The very focus of the now-regular protests is itself unprecedented. Long-held assumptions are being held up to scrutiny, and a fresh generation of activists is coming onto the scene. There is a desperate need to comprehend the reality of power and not to construct illusory popular constituencies. Bello himself suggests something of the depth of the crisis when he mentions, at one point, that "a significant part of the establishment has embraced much of the progressive analysis" (p. 61). He is an important tribune of the movement. Does this not make it incumbent upon him to ask whether his own argument has gone far enough? The
TNC, in relation to capitalism, is not an aberration. It is a direct successor
to the enterprise of pre-monopoly days. Failing to recognize this, Bello
perceives a gulf that has no historical grounding. This is not an isolated
oversight. It reflects a methodological posture which thoroughly permeates
his analysis. It cannot but limit his effort to project an alternative
future.
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| September 25, 2002 | |||||||
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