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Building a Win-Win World by Hazel Henderson

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269

CHAPTER 12NEW MARKETS AND NEW COMMONS: THE COOPERATIVE ADVANTAGE

Today’s Information Age networks function best on win-win principles, but they are still dominated by the global economic warfare paradigm. Bribery and cutthroat competition have become a large part “of a nasty, multibillion dollar war being waged over global markets.”1 Speculators have raided weak currencies almost at will: whether Mexico’s 1994 peso meltdown or the 1992 trashing of Britain’s pound and the European Monetary Union. Nervous investors, following each other in herds and trying to avoid currency risks, churn the world’s stock exchanges. In the past, to deal with military thugs and threats, countries formed alliances such as the UN and made allies as in the Gulf ...

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