No government in the global economy, and certainly not economies on the scale of the U.S., China, Japan and the European Union, can claim a prerogative over domestic action that entirely ignores the systemic affects of its policies. The only way forward is a totally renovated approach to international coordination of economic policy.No prerogative over domestic action, eh? I wonder if he's thinking of himself as one of those involved in the coordination of global policy?
"There will never be a really free and enlightened State, until the State comes to recognize the individual as a higher and independent power, from which all its own power and authority are derived, and treats him accordingly." On the Duty of Civil Disobedience, Thoreau.
Tuesday, 23 June 2009
Mandelshit's Global Grasp
We Need Greater Global Governance, says Lord Yacht of Mandleboy:
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