What is the current state of the anti-globalization movement?
The institutions that were advancing this ideology of shock therapy are in crisis because the anti-capitalist critique of markets is so mainstream now. The WTO talks have been derailed for four years. In Quebec in 2001, every leader in the Americas, except for Fidel, signed to pledge a free-trade zone from Alaska to Tierra del Fuego; no politician in his right mind would suggest such a thing now. The IMF and World Bank are both in a state of profound crisis. There is more of a mood than a movement. Unless the progressive movement harnesses the growing rage, it will be taken over by the right. Many critics of your work say, look at India or China or Chile to see how the middle classes are thriving with a free-market system. Do you see any long-term benefits to shock therapy? It’s interesting that these are the cases that are consistently held up as success stories, because there are clear and dramatic examples of state repression used to impose free-market policies in all three countrie
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