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They published the book on September 5, 2011, in the United States. It addresses what the authors see as the four major problems America faces today, and possible solutions. These problems are defined as: globalization, the revolution in information technology, the nation's chronic deficits, and its pattern of energy consumption. [1] [2]
In the name of free markets and with the promise of an improved standard of living, local authorities give up some of their political and social powers to international organizations. [10] Thus, globalization causes the greater empowerment of these international organizations and the diminishing influence of local state institutions. [15] [16]
The primary effects of corporatism are the consolidation of economic power and wealth with end results being the attrition of entrepreneurial and free market dynamism. His follow-up book, Mass Flourishing, further defines corporatism by the following attributes: power-sharing between government and large corporations (exemplified in the U.S. by ...
Globalization and Its Discontents is a book published in 2002 by the 2001 Nobel laureate Joseph E. Stiglitz. The title is a reference to Freud's Civilization and Its Discontents. The book draws on Stiglitz's personal experience as chairman of the Council of Economic Advisers under Bill Clinton from 1993 and chief economist at the World Bank from
The book deals mainly with the effects of globalization. It describes a growing social divide as a result of "delimitation" of the economy and a loss of political control by the state over the economic development, which is increasingly controlled by global corporations. The authors warn of a so-called "20-to-80-society". [3]
The title of the book points at the sharp decline in stock prices following the bankruptcy of the investment bank Lehman Brothers in September, 2008. Meanwhile, its subtitle reveals Stiglitz's conviction that free markets are at the bottom of the crisis, as he makes deregulation responsible for the rise of the shadow banking system, over-leveraged banks and subprime mortgages.
False Dawn: The Delusions of Global Capitalism is a 1998 book by political philosopher John Gray that argues that free-market globalization is unstable and is in the process of collapsing. A 2002 edition includes a foreword that relates the themes of False Dawn to the 11 September 2001 attacks and the new US military posture that led to the ...
The Capitalist Manifesto: Why the Global Free Market Will Save the World; The Case Against Free Trade; Challenging the Chip; The City: London and the Global Power of Finance; Clash of Civilizations; Coffee: A Dark History; The Commanding Heights