The Globalization Paradox

The Globalization Paradox

Democracy and the Future of the World Economy

Book - 2011
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Discusses how democracy and national self-determination cannot be pursued simultaneously with economic globalization and instead promotes customizable globalization with international rules to achieve balanced prosperity.
Publisher: New York : W. W. Norton & Co., c2011
Edition: 1st ed
ISBN: 9780393071610
0393071618
Branch Call Number: 337 R6189G 2011
Characteristics: xxii, 346 p. ; 25 cm

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StarGladiator
Sep 21, 2014

Agreed with the author's thesis - - can't have globalization AND democracy and/or sovereignty - - but then the predatory monopolists who practise predatory capitalism have never been interested in any form of democracy! Overall, though, a confusing book: does the author not understand anything about finance, or is he purposely confusing the reader? Obviously increased global capital flows correlate to banking crisis, that's how they increase their fortunes. It's simple arithmetic: the globalists are playing the spread; as they drive down the base country's wages, they expand their markets globally, and when the foreign globalists do the same, complete economic collapse. Joseph Tainter, although not specifying this, so eloquently explains the economic demise of the Roman Empire in a short paper of his on the expenses of problem solving and sustainability.

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delfon
Nov 10, 2013

A bit of a puff piece given there is no detailed, professionally described observations, only commentary. Suggest reading other tomes, as those by Pettis.

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