Bob Browning identifies the real beneficiaries of the globalised, deregulated world economy. His previous articles and reviews of his books are available at www.sprint. net.au/~rwbIt is increasingly obvious that there is much more in the globalisation package than the beneficial application of new technology and the opening up of national economies to financial flows and freer international trade. But the term “globalisation” is often used in confusing ways, sometimes deliberately. It can be use…