What are the connections between capital, markets, and technology? The cost of Big Power to the environment was tremendous. Now these systems are being privatized and often taxpayers have to pay the stranded cost.
Producer: Maria Gilardin Uploaded by: Maria Gilardin
What makes technology an engine of globalization? Tony Clarke explains the connections between capital, markets, and technology. Hundreds of bilateral investment regimes and the regional organization of trade provide protection to the owners of technologies.
Walden Bello tells the story of how the World Bank became the biggest promoter of the centralized power industry: big dams, big nukes, and big power plants. What benefits have 50 years of electrification brought? Almost 25% of power gets lost in transmission. The cost to the environment was tremendous. Now these systems are being privatized and often taxpayers have to pay the stranded cost. Tony Clarke: Polaris Institute (Canada) Walden Bello: Focus on the Global South (Thailand)
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