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Introduction
- Southeast Asia and East Asia are the two regions
most associated with globalised production
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Movie: The New Rulers of the World
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Indonesian Background
- Old Imperialism meets New
- Dutch in 16th century
- "Model Pupil of Global Economy"
- Luxury Hotels Built onto Genocide
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Suharto
- United States and United Kingdom supported with money and guns
- 1 Million people dead in East Timor
- Anti-Communist
- Open to IMF and Corporate entry in Indonesia
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Indonesian Investment Congress
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1967
- Switzerland
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Planned corporate segmentation of Indo.
- Planned every segment of the new Indo. economy
- Extraordinary because there's never been such direct state-corporate discussions
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World Bank and IMF
- Suharto booted Sukarno out and opened the door to foreign investment and IMF loans
- 300 million dollars went missing
- But who pays back that 300 mil? Not Suharto's family
- Suharto stepped down after the 1997 Asian Economic Crisis
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WTO / Free Trade
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WTO guy
- "Indonesia grew by integrating into the world economy"
- "Exporting will get them out of the crisis"
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WTO is totally undemocratic
- The film's point is that corporations have globalised and regulations have not.