Sale!

Globalization and Its Discontents Revisited: Anti-Globalization in the Era of Trump

Amazon.com Price:  $5.27 (as of 12/05/2019 14:40 PST- Details)

Categories: , , , , , , , , , , , , , ,

Description

An International Bestseller

“Accessible, provocative, and highly readable.” ―Alan Cowell, New York Times

In this crucial expansion and update of his landmark bestseller, renowned economist and Nobel Prize winner Joseph E. Stiglitz addresses globalization’s new discontents in the United States and Europe. Immediately upon publication, Globalization and Its Discontents became a touchstone in the globalization debate by demonstrating how the International Monetary Fund, other major institutions like the World Bank, and global trade agreements have ceaselessly harmed the developing nations they are supposedly helping. Yet globalization today continues to be mismanaged, and now the harms―exemplified by the rampant inequality to which it has contributed―have come home to roost in the United States and the rest of the developed world as well, reflected in growing political unrest.

With a new introduction, major new chapters on the new discontents, the rise of Donald Trump, and the new protectionist movement, as well as a new afterword on the course of globalization since the book first appeared, Stiglitz’s powerful and prescient messages remain essential reading.

Because of massive media coverage, many people are familiar with the controversy and organized resistance that globalization has generated world wide, yet explaining what globalization in truth means in practice is a complicated task. For those wanting to learn more, this book is an excellent place to start. An experienced economist, Joseph Stiglitz had a brilliant career in academia before serving for four years on President Clinton’s Council of Economic Advisors and then three years as chief economist and senior vice president of the World Bank. His book clearly explains the functions and powers of the main institutions that govern globalization–the International Monetary Fund, the World Bank, and the World Trade Organization–at the side of the ramifications, both good and bad, of their policies. He strongly believes that globalization could be a positive force world wide, particularly for the poor, but only if the IMF, World Bank, and WTO dramatically alter the way they operate, beginning with increased transparency and a greater willingness to examine their own actions closely. Of his time at the World Bank, he writes, “Decisions were made on the basis of what seemed a curious blend of ideology and bad economics, dogma that every now and then appeared to be thinly veiling special interests…. Open, frank discussion was discouraged–there was no room for it.” The book is not entirely critical, then again: “Those who vilify globalization too ceaselessly disregard its benefits,” Stiglitz writes, explaining how globalization, at the side of foreign aid, has improved the living standards of millions world wide. With this clear and balanced book, Stiglitz has contributed significantly to the debate on this important topic. –Shawn Carkonen

Related products

Home » Shop » Books » Subjects » Politics and Social Sciences » Politics and Government » Specific Topics » Globalization » Globalization and Its Discontents Revisited: Anti-Globalization in the Era of Trump

Recent Products