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- DescriptionThe enemies of globalization--whether they deunce the exploitation of poor countries by rich ones or the imposition of Western values on traditional cultures--see the new world ecomy as forcing a system on people who do t want it. But the truth of the matter, writes Daniel Cohen in this provocative account, may be the reverse. Globalization, thanks to the speed of twenty-first-century communications, shows people a world of material prosperity that they do want--a vivid world of promises that have yet to be fulfilled. For the most impoverished developing nations, globalization remains only an elusive image, a fleeting mirage. Never before, Cohen says, have the means of communication--the media--created such a global consciousness, and never have ecomic forces lagged so far behind expectations.Today's globalization, Cohen argues, is the third act in a history that began with the Spanish Conquistadors in the sixteenth century and continued with Great Britain's nineteenth-century empire of free trade. In the nineteenth century, as in the twenty-first, a revolution in transportation and communication did t promote widespread wealth but favored polarization. India, a part of the British empire, was just as poor in 1913 as it was in 1820. Will today's information ecomy do better in disseminating wealth than the telegraph did two centuries ago? Presumably yes, if one gauges the outcome from China's perspective; surely t, if Africa's experience is a guide. At any rate, poor countries require much effort and investment to become players in the global game. The view that techlogies and world trade bring wealth by themselves is more true today than it was two centuries ago.We should t, Cohen writes, consider globalization as an accomplished fact. It is because of what has yet to happen--the unfulfilled promises of prosperity--that globalization has so many enemies in the contemporary world. For the poorest countries of the world, the problem is t so much that they are exploited by globalization as that they are forgotten and excluded.
- Author BiographyDaniel Cohen is Professor of Economics at the Ecole Normale Superieure and the Universite de Paris-I. A member of the Council of Economic Analysis of the French Prime Minister, he is the author of The Wealth of the World and the Poverty of Nations, Our Modern Times: The Nature of Capitalism in the Information Age, Globalization and Its Enemies, and Three Lectures on Post-Industrial Society, all published by the MIT Press.
- Author(s)Daniel Cohen
- PublisherMIT Press Ltd
- Date of Publication12/05/2006
- SubjectSocial Studies: General
- Place of PublicationCambridge, Mass.
- Country of PublicationUnited States
- ImprintMIT Press
- Weight340 g
- Width136 mm
- Height203 mm
- Spine12 mm
- Interest AgeFrom 18
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