IS GLOBALIZATION DOOMED AFTER SEPTEMBER 11?

"John Gray of the London School of Economics spoke for many last week when he declared that the era of globalization was over. "The entire view of the world that supported the markets' faith in globalization has melted down ... Led by the US, the world's riches states have acted on the assumption that people everywhere want to live as they do. As a result, they failed to recognize the deadly mixture of emotions-cultural resentment, the sense of injustice and a genuine rejection of western modernity-that lies behind the attacks on New York and Washington ... The idea of a universal civilization is a recipe for unending conflict, and it is time it was given up.""