>Mahathir's frustration is understandable. Economic globalization does
>limit national sovereignty; it does impose costs on working classes,
>and it does empower the controllers of financial capital.
...
> Without access to world markets and money, living standards will
>decline steeply with no possibility of future recovery, a truism
>understood in Beijing and Bangkok alike.
Maybe I should give up trying to understand the financial mandarins, but how do "costs on working classes" = "rise in living standards"?!
JIm Baird
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