Globalization and Its Discontents by Joseph Stiglitz

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This book

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About Joseph Stiglitz

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Globalization and Its Discontents

» Joseph Stiglitz

Penguin
Paperback : 03 Apr 2003

£9.99

£7.99

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The book that will get you marching mad

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Synopsis

Our world is changing. Globalization is not working. It is hurting those it was meant to help. And now, the tide is turning …

Explosive and shocking, Globalization and Its Discontents is the bestselling exposé of the all-powerful organizations that control our lives – from the man who has seen them at work first hand.

As Chief Economist at the World Bank, Nobel Prize-winner Joseph Stiglitz had a unique insider’s view into the management of globalization. Now he speaks out against it: how the IMF and WTO preach fair trade yet impose crippling economic policies on developing nations; how free market ‘shock therapy’ made millions in East Asia and Russia worse off than they were before; and how the West has driven the global agenda to further its own financial interests.

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.

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Critic Review:

‘We should congratulate him, even if his former IMF colleagues will not’
Liam Halligan, Sunday Telegraph

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

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

‘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 Tribune

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