Globalization and its Terrors

Book excerpt: It has long been realised that the poorer countries of the south have paid for the unstoppable onward rush of globalisation in the exploitation of their natural and human resources. Recent events have made it clear that there may be a price to be paid in the west as well. In this elegant, lucidly argued account, Teresa Brennan argues that the evidence already exists that globalisation has for years been harming not just the poor of the third world but also its alleged beneficiaries in the affluent west. She shows how the speeding-up of contemporary capitalism, in which space is substituted for time, means that neither then environment nor the people who live in it are given the opportunity to regenerate and how this leads directly to pollution-induced, immune-deficient and stress-related disease. In a final chapter she suggests some alternative ways forward through a return to regionally based production and an emphasis on local economies.