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Globalization: The New Face of Capitalism

Program #CHON153. Recorded in Chestnut Hill, MA on October 07, 1999.

Globalization is hailed by the pundits as an irresistible natural force. It's like gravity, they say. Just accept it and go on with your life. A contrary view says this international economic order is nothing more than old wine in a new bottle. Powerful transnational institutions like the World Trade Organization, the International Monetary Fund and the World Bank are the main instruments and implementors of globalization. Nations and communities trying to maintain sovereignty, protect human rights and preserve the environment are under attack as they confront the latest version of capitalism.

Speaker(s):

Noam Chomsky

Noam Chomsky, by any measure, has led a most extraordinary life. In one index he is ranked as the eighth most cited person in history, right up there with Aristotle, Shakespeare, Marx, Plato and Freud. The legendary MIT professor practically invented modern linguistics. In addition to his pioneering work in that field he has been a leading voice for peace and social justice for many decades. Chris Hedges says he is “America’s greatest intellectual” who “makes the powerful, as well as their liberal apologists, deeply uncomfortable.” At 87, he still gives lectures all over the world. He is the author of scores of books, including Propaganda & the Public Mind, How the World Works, and Power Systems with David Barsamian.

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