Globalization and its terrors / Teresa Brennan.

Includes bibliographical references (pages 173-231) and index.

Introduction. A theory of time and space ; From socialists to localists -- Daily life in the West. Deregulation and the theft of time ; Human health, human stress ; Traveling farther, migrating more ; Working longer, working harder ; Unemployment and rising living costs, lack of time, indebtedness ; Breakdown of communities, growing personal isolation and depression ; Bodily consequences ; Reproduction as a generational factor -- The war on the atmosphere. The pollution of air ; Electricity ; Transportation ; International trade ; The failure of a global trade agreement: policy and protest -- The war on the land, sea and other conditions of life. Tolerable temperature and stable climate ; Protection from ultraviolet (UV) radiation ; Safe water ; Adequate food ; Food and genetic engineering ; Speeding up food supplies -- and slowing them down -- Health cuts and corporate wealth. Health ; Aging, pensions and sick pay -- Education and the cost of children. Welfare reform ; Education ; Conclusion -- The third way and the feminization of poverty. Third way formation ; Deregulation and social policy ; Deregulation and labor mobility in historical context ; The third-way conquest of time and space -- The source of profit. The labor theory of value ; Profit in Marx ; Revising Marx ; The negative energy capability of substances ; The two axes of profit and production -- Price, inflation and energy. Speculations on price ; Inflation and a new periodization of the stages of capitalism ; Periodization ; Immiseration -- The prime directive. Gandhi and the advocacy of localism ; The real third way and prime directive ; Religious and reasoned judgment ; The prime directive ; The nostalgia issue and the political standing of the directive ; The prime directive in practice.

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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.