OxBlog

Wednesday, May 07, 2003

# Posted 7:16 PM by Ariel David Adesnik  

GLOBOPHOBIA: The war is over. How do I know? Not because George Bush says so. But because Oxford's activist cabal has taken down its anti-war posters and replaced them with anti-globalization ones. In case you haven't heard, capitalist-led globalization is destroying the welfare state, taking power out of the hands of elected governments and giving it to multinational corporations.

Actually, it isn't. How do I know? Because OxFriend David Pozen has just published an article in a journal by the name of Parallax which argues very persuasively that welfare states on both sides of the Atlantic have held their own or even expanded despite the competitive pressures of international market integration.

Now, some of you are probably saddened by the thought that your welfare states are going to survive this corporate onslaught. But David says that there's good news for you folks as well. The welfare state will have to adjust to market pressures in order to survive in the coming decades. Which pressures are those, you might ask? I'm not saying. Because if I did, you might just take my word for it instead of reading David's excellent article which explains it all far better than I could. So go read it!
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