How can the consequences of globalisation be combated?
This Socialism 2006 discussion forum saw around one hundred people pack in to hear Simon Tormey (Centre for the Study of Global and Social Justice), Andrew Glyn (author of Capitalism Unleashed) and Lynn Walsh (editor of Socialism Today – the Socialist Party’s monthly magazine) debate the key questions posed for socialists in a globalised world. Sean Figg There was common agreement from the speakers and the audience that globalisation has sharpened and made more obvious the inequalities and contradictions of capitalism. This arguably new phase of capitalism has seen an increased polarisation of wealth between the northern and southern hemispheres and further class polarisation within the ‘privileged’ north. This is a result of attacks on the welfare states of Europe, the privatisation of natural resources like water in Latin America, increased environmental destruction and ongoing war and terrorism the world over. Andrew Glyn expertly outlined the features of this new form of capitalism
