Beschreibung
There are different types of globalization.
Today’s globalization is characterized by the worldwide disempowerment of
labor. This is the result not of low real wages in backward countries but
of devaluation-driven exports from relatively prosperous catch-up
countries. An alternative form of globalization, the convoy model, is
possible if the causes of devaluation-driven exports are eliminated. This
does not call for a worldwide alignment of labor costs, but worldwide full
employment policies. The latter require a strong state in labor-surplus
economies of the underdeveloped South in addition to social and economic
reforms in favor of the poor.
Hartmut Elsenhans,Professor of International
Relations, Leipzig University. Areas of specialization: north-south
relations, alternative development policies, new social movements in the
Third World.
