I see also that the US is tipped to attract 27% of the whole world's FDIs over the next couple of years. An even greater slice of perhaps rather lesser a pie (funny, that, with all this 'growth' and 'globalisation' the world economy is having, FDIs are tipped to go down this year from $US1.3 trillion to $700 billion - nearly halved, but not worthy of comment, apparently)
I see also that poor countries are also receiving a declining slice of these declining FDIs.
I see also that *The Economist's* economic 'intelligence' unit has the explanation: "Governments would rather blame unemployment, slow growth in incomes and periods of fiscal stringency on external factors such as foreign competition rather than on, for example, their own labour market policies, growth-retarding interventions or earlier episodes of macro-economically destabilising fiscal excess."
I note that (a) globalisation is not delivering what it promised and (b) that this does not prove the purveyors of globaloney wrong at all, because (c) it's our fault (d) again, and (e) we just gotta spread wider (f) again.
I see also that Ulrich Beck has just told an LSE audience that 'the phenomenon of the nation State being usurped by the illegitimate and unanswerable forces of global capital was so overwhelming as to necessitate a redefinition of the whole way sociologists think about power' (today's AFR: 40). I blame Foucault meself.
I'm currently the only paid-up member of GO SERFS! (Globalisation Opponents and Squelchers of Economic Rationalists and French Sociologists), but if you want to get in at the ground floor of a boom venture, get your tithes in now.
Aufhebung! Tommy Muenzer