Recession, climate change and the return of planning
By: Giddens, Anthony
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ArticlePublisher: Malden : Wiley-Blackwell, Spring 2009New Perspectives Quarterly : NPQ 26, 2, p. 51-52Abstract: As the global financial crisis emanating from the United States shuts down world markets, can globalization survive? Will the resurgent intrusion of the stateand thus politicsinto the market lead to protectionism and collapse, as was the case in the early 20th century? Or will the new interconnectivity of climate change and mutual economic dependenceespecially between China and the USdeepen global links?Abstract: The former mayor of Shanghai, legendary Nobel economist Paul Samuelson and Third Way guru Anthony Giddens ponder those questions in this section.
As the global financial crisis emanating from the United States shuts down world markets, can globalization survive? Will the resurgent intrusion of the stateand thus politicsinto the market lead to protectionism and collapse, as was the case in the early 20th century? Or will the new interconnectivity of climate change and mutual economic dependenceespecially between China and the USdeepen global links?
The former mayor of Shanghai, legendary Nobel economist Paul Samuelson and Third Way guru Anthony Giddens ponder those questions in this section.
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