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

Stiglitz, Joseph

Softcover

ISBN 10: 0141986662 ISBN 13: 9780141986661

Publisher: Penguin, 2017

Synopsis

**Over 1 million copies sold worldwide**
MAJOR NEW EDITION

From Nobel laureate Joseph Stiglitz, Globalization and its Discontents is the bestselling exposé of the all-powerful organizations that control our lives.

Joseph Stiglitz's landmark book lifted the lid on how globalization was hurting those it was meant to help. Many of its predictions came true, and it became a touchstone in the debate. This major new edition looks afresh at the continuing mismanagement of globalization, and how it has led to our current political and economic discontents. Globalization can still be a force for good, Stiglitz argues. But the balance of power has to change. Here he offers real, tough solutions for the future.

'A massively important political as well as economic document ... we should listen to him urgently' Will Hutton, Guardian

'Stiglitz is a rare breed, an heretical economist who has ruffled the self-satisfied global establishment that once fed him. Globalization and its Discontents declares war on the entire Washington financial and economic establishment' Ian Fraser, Sunday Herald

'Gripping ... this landmark book shows him to be a worthy successor to Keynes' Robin Blackburn, Independent

About this title

Review:

Readers of Globalization and Its Discontents will already be familiar with the controversy and organised resistance that globalisation has generated around the world due to massive media coverage, yet explaining what globalisation actually 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 globalisation--the International Monetary Fund, the World Bank and the World Trade Organization--along with the ramifications, both good and bad, of their policies. He strongly believes that globalisation can be a positive force around the world, 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 sometimes seemed to be thinly veiling special interests ... Open, frank discussion was discouraged--there was no room for it." The book is not entirely critical, however: "Those who vilify globalization too often overlook its benefits," Stiglitz writes, explaining how globalisation, along with foreign aid, has improved the living standards of millions around the world. With this clear and balanced book, Stiglitz has contributed significantly to the debate on this important topic. --Shawn Carkonen

Review:

A damning read The book is compelling because Stiglitz is a first-rate storyteller -- Suzanne Miller, Banker

A massively important political as well as economic document we should listen to him urgently -- Will Hutton, Guardian

Accessible, provocative and highly readable -- Alan Cowell, The New York Times

Compelling This book is everyone s guide to the misgovernment of globalization -- J. K. Galbraith

Gripping this landmark book shows him to be a worthy successor to Keynes -- Robin Blackburn, Independent

About this edition

• Publisher: Penguin
• Publication date: 2017
• ISBN 10: 0141986662
• ISBN 13: 9780141986661
• Binding: Paperback
• Number of pages: 528