This website uses cookies to ensure you have the best experience. Learn more

Against The Dead Hand Essay

1004 words - 5 pages

Against The Dead Hand: The Uncertain Struggle for Global Capitalism
Soviet-style Communism has fallen. The dream of centralized, top-down control over the course of economic development. That dream has now expired in universal failure. It died in the United States and Western Europe during the stagflation of the 1970s. It died in China when Deng Xiaoping declared that "it doesn't matter if the cat is black or white, so long as it catches mice." It died in Latin America during the debt crisis and lost decade of the 1980s.
It died in the Soviet Empire with the collapse of the Berlin Wall. And it died in East Asia with the bursting of the Japanese bubble and the ...view middle of the document...

It is an understandable preoccupation: The world economy today is buzzing with the new and unprecedented. Companies scatter their production facilities around the globe: research and development here, components manufacturing there and there, and final assembly and testing somewhere else entirely.
"Hot money" sloshes around the world at the click of a mouse. Mind-boggling sums flicker on the computer screens of foreign exchange traders.
It is true that international economic integration has reduced the freedom of action available to national policymakers, and that the Internet and other technological marvels have sped that integration. Even the most cursory glance at world events, however, suffices to show that much of the rhetoric from both sides has been ludicrously overblown. Governments continue to assume a massive and enormously influential presence in economic life. Throughout much of Western Europe, government spending as a percentage of national income still exceeds 50 percent. Federal taxes in the United States have claimed a higher share of gross output in recent years than at any time since World War II. Chinese state-owned enterprises continue to employ some 80 million people. Government subsidies in India amount to 14 percent of gross domestic product. The state oil monopoly remains en- shrined in the Mexican constitution.4
The plain fact is that market pressures—even speedup, Internet- driven market pressures—exert only modest and occasional discipline on national policies. To borrow Friedman's metaphor, the "golden straitjacket" is a loose-fitting garment indeed: In other words, the past remains very much with us. The defunct ideas of centralized control exert a waning but still-formidable influence on the shape of the world economy.
By exaggerating the triumph of markets over government, the friends of globalization play into the hands of their opponents. If the present world situation represents the unchallenged reign of market forces, then that reign has much to answer for. After all, the world today is a very messy place. Those hostile to markets pursue this opening with gusto. However appealing the notion that the two great trends of recent times—the information revolution and globalization—really boil down to the same thing, the spread...

Other Papers Like Against The Dead Hand

Man Vs Society In Huckleberry Finn

728 words - 3 pages Man VS Society in The Adventures of Huckleberry Finn Through out the story we see Huck go against what society expected of him. Society at that time only knew slavery, and so Huck was given these ideas. However, you can see from the beginning that he knows something is wrong with the way society lives. Huck is much more open minded and free willed. He didn’t want to conform to being civilized, and as society continued to pressure him he

Alexander The Great Essay

463 words - 2 pages , Darius was already dead, at the hand of his own men. In an extraordinary campaign that went on for eleven years. Alexander fulfilled his claim by continuing into Central Asia as far as the Indus Valley. Alexander used the stratagems and battle configurations that his father developed. Alexander’s proficiency to extemporised on short notice was just one mark of his outstanding leadership. After Alexander’s death all the lands that he had won was divided up among his generals. It was these political dissections that encompassed the many kingdoms of the Hellenistic period.

Hero’S Journey Of The Dead Poet’S Society

1833 words - 8 pages there to warn Knox of Chet coming after him. She can’t understand how he’s so sure of his feelings when he doesn’t even know her. His CALL TO ADVENTURE continues when he invites her to the play. “If you don’t like me after tonight, then this will be the end. Dead Poet’s word.” She agrees to go and they CROSS THE THRESHOLD. During the play, Knox holds Chris’ hand (REWARD). Neil takes the ROAD BACK, goes on with the play and is RESURRECTED as

Communication

574 words - 3 pages life of unremitting pain and suffering that they would rather be dead. For patients suffering from terminal illness, the pain they undergo as the disease progresses can sometimes only be relieved by rendering them unconscious. They would have to spend the last days, weeks or even months of their heavily sedated and unware of their surroundings. This places stress on their loved ones well, who have to stand by and watch as their mind and body

Nursing Research

917 words - 4 pages avoidable via proper hand washing. Therefore, hand hygiene believed to be one of most vital techniques against the spread of infection. The spread of organisms from the hands of hospital employees is the main basis of cross-infection in healthcare settings and can be avoided by proper hand hygiene. “Nurses have hands-on daily contact with their patients and therefore play a vital role in patient safety and infection control” (Smith, 2009, P.1

Bible Notes

1301 words - 6 pages Harbin: Chapter 14 | The Roller -Coaster South | How did Rehoboam manage to lose most of his kingdom? | He refused to cut taxes and threaten to raise them. | Why is Asa viewed as a good king but given a mixed review? | His lack of faith in God to assist with attack on Baasha in Northern Kingdom. | How did Jehoshaphat show piety on the one hand but political naivete on the other? | He went thru the country removing pagan shrines and sent

Fancial Accounting

410 words - 2 pages Acc GIFT UNIVERSITY GUJRANWALA (Chartered by the Govt. of the Punjab, Recognized by HEC) Assessment Disclosure Assignment One • Dead line for the submission of first assignment as on Friday 20th April 2012 at 4:00pm sharp. All the stuff can be submit at my office F10 in to my absence Mr. Anjum or Mr. Haroon (office staff). • All the material must be hand written. • The given task helps you to

Street Address: 1075 Tri-State Pkwy., Suite 800 Gurnee, Il 60031

3648 words - 15 pages Research Living Dead Inspiration conducted several different focus groups to collect valuable market research prior to undertaking this large project. Knowing first hand or having the following information such as focus groups, consumer surveys, analysis of customer suggestions and complaints, brainstorming, industry research (size of market, consumption patterns), and analysis of competitors’ products will help. According to our survey 98

Project Management

257 words - 2 pages The interior designer will have approximately 24 months to complete the project. 24 months is the expected duration for this interior design project. The interior designer material will be delivered the day before the projects anticipated start date, December 31, 2011. The interior designers will have approximately 8 hours a day to work on the task at hand. The interior designer will be obligated to sign a binding contract. A breach of contract

Paradise

773 words - 4 pages sparkled like diamonds and rippled into waves insensitively. Excitement rushed through me, I ran down a hill to a sign that posted “Beach”. I leaped down the hill like a gazelle in the wild, hunting its prey. The warm sand squished between my toes, I stopped dead in front of the tranquil ocean. I closed my eyes and lifted my arms as if I was one of the seagulls soaring over the glass water. The sound of the splashing waves crashed against the shore

Broback Mountain

1880 words - 8 pages family, kin, and community. Jack, a wandering soul who moves away from home and then out of state, is condemned by his father for wanting to be buried on Brokeback rather than in ancestral ground. Jack’s desire to get away from home—in the sense of escaping its conventional values—is ultimately what gets him killed. Ennis, on the other hand, is mindful of his father’s homophobia and being taken by him to see the dead body of a murdered gay rancher

Related Essays

Microsoft Case Study

1395 words - 6 pages the number of points that the hand has. Both players start with each hand having one point — one finger extended on each hand. The goal of the game is for a player to force their opponent to extend all of their fingers and thumbs on both hands. A hand with all fingers and its thumb extended is said to be a "dead hand". Players take turns to tap one of their hands against another hand that is not dead (either their own other hand, or one of

Kidnapped Essay

416 words - 2 pages dropped open. Hanging from the ceiling by her neck, her mum hung, slowly swinging side to side. Thick, red blood dripped, splashing against the table, making the puddle bigger and bigger which seemed to look like a river. Screaming in pain she fell to floor crying, banging her hands against the floor blood splattering on face, and still she didn't stop, she didn't care anymore, about anything. All she felt was anger and pain, she knew it was all

Master Essay

631 words - 3 pages farewells, and waited for a sign from another SS man, who stood near the pit, also with a whip in his hand. During the fifteen minutes I stood near, I heard no complaint or plea for mercy. I watched a family of about eight persons, a man and a woman both of about fifty, with their children of about twenty to twenty-four, and two grown-up daughters about twenty-eight or twenty-nine. An old woman with snow white hair was holding a one year old

No Angel By Bernie Mcgill Essay

1179 words - 5 pages on my farm”. By the way the father speaks we can identify him as the stereotypical Irish farmer, who is very protective of his family and his land, and does not let people he don’t trust into his life. He is very prejudiced towards Thomas, he thinks that he had something to do with Robbie’s dead, given that they where against each other political. About this he states, “Have you forgotten what they did to your brother, Annie? The way they left