Many familiar problems were raised at the Liberia meeting of the UN high-level panel tasked with drafting global post-2015 development goals: extreme poverty, lack of productive employment, environmental degradation and growing inequality. But these big questions are still being met with small answers, suggesting that the international community remains in the wrong frame of mind to meet such major challenges.
A recent Guardian editorial noted how "small", "technocratic" and "fragmented" the discussion within the international development community has become. But it missed a major reason for this: the continued but misplaced faith in "market fundamentalism". This adds to the perception that globalisation is an irresistible force beyond the control of governments, a process driven by countless invisible hands, infallible business acumen and continuous technological revolution, and reaching its zenith with the unleashing of finance.
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