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- DescriptionGlobalization, surely one of the most used and abused buzzwords of recent decades, describes a phemen that is typically considered to be a neutral and inevitable expansion of market forces across the planet. Nearly all ecomists, politicians, business leaders, and mainstream journalists view globalization as the natural result of ecomic development, and a beneficial one at that. But, as ted ecomist Martin Hart-Landsberg argues, this perception does t match the reality of globalization. The rise of transnational corporations and their global production chains was the result of intentional and political acts, decisions made at the highest levels of power. Their aim to increase profits by seeking the cheapest sources of labor and raw materials was facilitated through policy-making at the national and international levels, and was largely successful. But workers in every nation have paid the costs, in the form of increased inequality and poverty, the destruction of social welfare provisions and labor unions, and an erratic global ecomy prone to bubbles, busts, and crises. This book examines the historical record of globalization and restores agency to the capitalists, policy-makers, and politicians who worked to craft a regime of world-wide exploitation. It demolishes their neoliberal ideology already on shaky ground after the 2008 financial crisis and picks apart the record of trade agreements like NAFTA and institutions like the WTO. But, crucially, Hart- Landsberg also discusses alternatives to capitalist globalization, looking to examples such as South America s Bolivarian Alliance for the Americas (ALBA) for clues on how to build an international ecomy based on solidarity, social development, and shared prosperity.
- Author(s)Martin Hart-Landsberg
- PublisherMonthly Review Press,U.S.
- Date of Publication23/09/2013
- SubjectEconomics: Professional & General
- Place of PublicationNew York
- Country of PublicationUnited States
- ImprintMonthly Review Press,U.S.
- Content Noteblack & white illustrations
- Weight263 g
- Width140 mm
- Height216 mm
- Spine15 mm
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