This week our focus of discussion is economic globalization and global
trade and finance in particular. Over the past thirty years, there has been
a trend toward the creation of 'free markets' in both trade and finance.
This developments, however, have been controversial. In your view,
is a free global market a desirable thing? What are the costs of a
global market? What are its benefits? To help frame this discussion,
listen to this lecture by prominent 'anti-globalization' academic and
activist Walden Bello. What is Bello's major complaint about neo-
liberal globalization? Do you agree or disagree with him? Do you
agree with Bello that globalization has entered a kind of legitimacy
crisis?