Race & Class, April 2002

£6.00

‘The soul of man under globalism’, by Jeremy Seabrook

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‘The soul of man under globalism’, by Jeremy Seabrook

There are many macro-economic accounts of globalisation, but we rarely learn how it affects the psyche and sensibility of lives uprooted and radically reshaped by the penetration of their world by the market economy. This essay is an attempt to convey the common subjective experience of people all over the world as they enter the global market. It shows how, once they do so, the path they will follow is predictable. The market generates immediate and obvious benefits, while longer-term losses are deferred. The freedoms bestowed by the market obscure the forfeit of deeper liberties. The people of the South may pursue the western way of wealth, but the possibility that everyone in the world will attain the same degree of affluence is remote, for at least two reasons. One, that the accumulation of wealth is attended by growing inequality and, two, that the transformation of the planet required to bring this about probably exceeds its capacity to bear it.

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  • ‘Debt relief – indentured servitude for the Third World’, by Sohan Sharma and Surinder Kumar
  • ‘A nation of converts’, by Amitava Kumar
  • ‘The death of multiculturalism’, by Arun Kundnani

Race & Class is published quarterly, in January, April, July and October, by Sage Publications for the Institute of Race Relations; individual subscriptions are £27/$47, for four issues, with an introductory rate of £20/$35 for new subscribers.

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Weight 150 g