Categories
Other

Canada and Globalization IV

Part I—1). McNally’s thesis is that globalization has consistently served the interests of international capitalists, at the expense of essentially everybody else. According to McNally’s account, the rhetoric of free trade is a duplicitous, hypocritical charade, a façade that serves to mask the real interests of international capital (28-37). Neoliberal capitalists, McNally charges, have consistently sold governments on the doctrine of free trade and free markets, labeling everything that stands in their way “protectionism” (30-33). Rather than economic liberty, neoliberal policies have brought great riches for a few at the expense of the many—at least, according to McNally.