Friday, March 22, 2002

The Globalizer Who Came in from the Cold



"It has condemned people to death," the former apparatchik told me. This was like a scene out of Le Carré. The brilliant old agent comes in from the cold, crosses to our side and in hours of debriefing, empties his memory of horrors committed in the name of a political ideology he now realizes has gone rotten.


And here before me was a far bigger catch than some used Cold War spy. Joseph Stiglitz was chief economist of the World Bank. To a great extent, the new world economic order was his theory come to life.


I "debriefed" Stiglitz over several days, at Cambridge University, in a London hotel and finally in Washington in April 2001 during the big confab of the World Bank and the International Monetary Fund. Instead of chairing the meetings of ministers and central bankers, Stiglitz was kept exiled safely behind the blue police cordons, the same as the nuns carrying a large wooden cross, the Bolivian union leaders, the parents of AIDS victims and the other "antiglobalization" protesters. The ultimate insider was now on the outside.

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