Economic Globalization and Its Alternatives |
|
|---|---|
The Legacy of Bretton Woods |
Remember the question before us: How can the economy be harnessed to serve sustainability? We turn to economic globalization, starting at the end of World War II. |
The Washington Consensus |
In the 1980s, under pressure from Thatcher and Reagan, the World Bank joined the IMF in adopting a missionary zeal in pursuing neo-liberal policies, purging heretics from its staff, and installing a free market ideology called neo-liberalism. The World Bank integrated its operations with the IMF, but as a junior partner. |
Alternatives to the Washington Consensus |
Reactions to Structural Adjustment Programs and the Washington Consensus grew into a global social movement, culminating in Seattle and in Porto Alegre. |
Case study: Rainforest Scenarios |
Contrasts export-driven model of development with social ecology. Based on introductory film, Banking on Disaster and the basis of our Rainforest Scenario Game. |