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The IDG is one of the oldest and most respected societies of St. Stephen's College, Delhi. It looks to broaden perspectives by discussing a variety of issues with eminent personalities.

Our talks often throw up some very unexpected answers and, even more often, some very unexpected questions.

Sunday, October 12, 2008

Aseem Srivastava - The Politics of Globalization


Looking beyond that, however, there are some sobering facts. Let’s begin with the lessons history teaches. The dominant view is that the Vietnam War was lost by the US. It was driven out of Vietnam. 58,000 Americans died in the war, apart from the millions of Indo -- Chinese. All this may be true. However, if you look at it from the perspective of American corporate elites, rather than from the perspective of the majority of Americans, Washington succeeded in its primary goal, which was to prevent an alternative model of independent Third World development (something like what Cuba has tried and Venezuela is trying these days) from taking root. Vietnam was not allowed to set an example which might have generated a domino effect across the developing world, much to the loss of the United States, which would have become a less indispensable nation. True to American plans, Vietnam is an open -- market economy today, dependent on a globalized economy led by the US.
(From, The Iraq War Is A Huge Success.)

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