Globalization and free markets are not without their problems, but they are the only real hope that the laboring poor have of
raising themselves out of misery
by giving them the opportunity to tap into world markets not only to offer their labor to more
bidders but to avail themselves of the goods and services the rest of the world has to offer them.
It quickly jumped to $ 100 million with four
bidders sniping at one another, and
by the time it climbed to $ 120 million, the bidding had become a heated back and forth between Loic Gouzer, deputy chairman of postwar and contemporary, and Elaine Kwok, the director of education, Asia, their
bidders over the phone pushing up the price
by $ 3 million or $ 5 million at a time — until out of nowhere a
bidder from the room jumped in at $ 142 million, the paddle -
raise accompanied
by a whoosh of torsos swiveling in their chairs to spy the potential buyer.