Kicking Away the Ladder: Development, Colonialism and the WTO
The free trade agenda is being feverishly promoted by the rich and powerful of the world. The modern version is sometimes called "neoliberalism". In today's world, it is being promoted much more thoroughly and extensively than in earlier times. What makes this possible is a combination of more sophisticated technology and financial markets that permit the instantaneous transfer of unlimited amounts of capital between countries through electronic transactions, together with an interlocking network of institutions dedicated to ensuring that all countries in the world become integrated into this global market. In other words, the technology makes it possible and the politics make it permissible.