Why Globalization Works

Why Globalization Works

by Martin Wolf
     
 

ISBN-10: 0300102526

ISBN-13: 9780300102529

Pub. Date: 06/01/2004

Publisher: Yale University Press

Wolf (associate editor and chief economics commentator at the Financial Times of London) provides a defense of capitalist globalization or "a liberal international economic order" to a general audience. He first offers an argument for a liberal market economy, utilizing fairly standard references to the "mutually reinforcing and interdependent relationship

Overview

Wolf (associate editor and chief economics commentator at the Financial Times of London) provides a defense of capitalist globalization or "a liberal international economic order" to a general audience. He first offers an argument for a liberal market economy, utilizing fairly standard references to the "mutually reinforcing and interdependent relationship between the market and the democratic state," and sketches a positive portrait of the history of globalization. While conceding the accuracy of some (very few) criticisms of market globalization, he devotes much of the work to rebutting critics arguments about globalization being a cause of global impoverishment, corporate domination, threats to the sovereignty of the democratic state, and the race to the bottom in environmental and social regulation. Annotation ©2004 Book News, Inc., Portland, OR

Product Details

ISBN-13:
9780300102529
Publisher:
Yale University Press
Publication date:
06/01/2004
Pages:
416
Product dimensions:
6.13(w) x 9.25(h) x (d)

Table of Contents

List of Tables and Figuresvi
Acknowledgementsviii
Preface--Why I Wrote This Bookix
Part IThe Debate
Chapter 1Enter the 'New Millennium Collectivists'3
Chapter 2What Liberal Globalization Means13
Part IIWhy a Global Market Economy Makes Sense
Prologue23
Chapter 3Markets, Democracy and Peace24
Chapter 4The 'Magic' of the Market40
Chapter 5Physician, Heal Thyself58
Chapter 6The Market Crosses Borders77
Part IIIWhy There Is Too Little Globalization
Prologue95
Chapter 7Globalization in the Long Run96
Chapter 8Rise, Fall and Rise of a Liberal Global Economy106
Part IVWhy the Critics are Wrong
Prologue137
Chapter 9Incensed about Inequality138
Chapter 10Traumatized by Trade173
Chapter 11Cowed by Corporations220
Chapter 12Sad about the State249
Chapter 13Fearful of Finance278
Part VHow to Make the World Better
Chapter 14Today's Threats, Tomorrow's Promises307
Notes321
References364
Index381

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