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Global Class War: How America's Bipartisan Elite Lost Our Future - and What It Will Take to Win It Back
     

Global Class War: How America's Bipartisan Elite Lost Our Future - and What It Will Take to Win It Back

by Jeff Faux
 

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"You will never think about 'free trade' the same way after reading Jeff Faux's superb book. As Faux makes clear, the globalization debate is really about whose interests are served by global elites, and how we need to go about reclaiming a democracy that serves ordinary people. This book should transform public discourse in America."

—Robert Kuttner, founding

Overview

"You will never think about 'free trade' the same way after reading Jeff Faux's superb book. As Faux makes clear, the globalization debate is really about whose interests are served by global elites, and how we need to go about reclaiming a democracy that serves ordinary people. This book should transform public discourse in America."

—Robert Kuttner, founding coeditor of The American Prospect and a contributing columnist to BusinessWeek

"Faux is clearly correct that the balance of power between labor and capital has shifted dramatically. Today, investment capital moves at blinding speed, while labor still must go by boat, train, and plane—and that's if it's lucky."
—Michael Hirsh, The New York Times

"A persuasive and revealing framework for understanding globalization in terms of class. It's a much-needed corrective to the way in which most news about the changing world economy is viewed, usually through a free market fundamentalist or, less frequently, a nationalist lens."
—David Moberg, In These Times

"Globalization is a cover for American imperialism, but the beneficiaries are not the American people at the expense of foreigners but corporate executives at the expense of working class and poor people wherever they may be. Jeff Faux offers a comprehensive and devastating analysis."
—Chalmers Johnson, author of The Sorrows of Empire

"Incisive, rancorous . . . with a fluid grasp of both history and economics, Faux, founder of the Economic Policy Institute, critiques both Democrats and Republicans for protecting transnational corporations 'while abandoning the rest of us to an unregulated, and therefore brutal and merciless, global market.'"
—Publishers Weekly

"Jeff Faux's astonishing story of how class works will scandalize the best names in Wall Street and Washington—especially the much admired Robert Rubin, who along with other elites, colluded behind the backs of ordinary citizens in Mexico, Canada, and the United States. The most cynical Americans will be shocked by the sordid details. This really is an important book."
—William Greider, author of The Soul of Capitalism and Secrets of the Temple

Editorial Reviews

From the Publisher
* Why, in 1993, did the newly elected Bill Clinton pass the North American Free Trade Agreement, a pro-business measure invented by his political adversaries and opposed by his allies in labor and the environment? The answer, according to Faux, is that Clinton was less devoted to his base than to his fellow elites, rewarding their donations to the Democratic Party with access to Mexico's cheap labor and lax environmental standards. With a fluid grasp of both history and economics, Faux, founder of the Economic Policy Institute, critiques both Democrats and Republicans for protecting transnational corporations "while abandoning the rest of us to an unregulated, and therefore brutal and merciless, global market." Faux describes how free trade and globalization have encouraged businesses to become nationless enterprises detached from the economic well-being of any single country, to the detriment of all but transnational elites. He details the genesis of NAFTA and the failure of the agreement to deliver on its promises to workers, predicting a severe American recession as its legacy. But Faux sees hope for North America in the model of the European Union, a pie-in-the-sky conclusion to this incisive, rancorous book. (Jan.) ( Publishers Weekly , November 7, 2005)

Product Details

ISBN-13:
9780470098288
Publisher:
Turner Publishing Company
Publication date:
12/01/2006
Edition description:
First Edition
Pages:
304
Sales rank:
708,345
Product dimensions:
5.77(w) x 8.98(h) x 0.86(d)

What People are Saying About This

From the Publisher
"Globalization is a cover for American imperialism, but the beneficiaries are not the American people at the expense of foreigners but corporate executives at the expense of working and poor people wherever they may be. Jeff Faux offers a comprehensive and devastating analysis."
--Chalmers Johnson, author of The Sorrows of Empire

"You will never think about 'free trade' the same way after reading Jeff Faux's superb book. This book should transform public discourse in America."
--Robert Kuttner, author of Everything for Sale

Meet the Author

JEFF FAUX is the founder and former president of the Economic Policy Institute. His articles and commentary have appeared in the Washington Post, the Nation, the New York Times, USA Today, and Harper's.

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