Even in the U.S., the lion's share of the profits go to big-business and the wealthy. Many Third World nations cannot develop over the long term under the conditions imposed by globalization.
Is globalization still the answer to lifting poor countries out of poverty? Can the process be reformed to work to the benefit of all rather than the few and the wealthy?
Tina Rosenberg, Author of "The Free Trade Fix" in The New York Times Magazine;
Daniel Yergin, Executive Producer of the PBS series, "Commanding Heights: The Battle for the World Economy" and President of Cambridge Energy Research Associates;
This program aired on August 20, 2002.