Globalization and Its Discontents (Magill’s Literary Annual 1991-2005)
At a glance:
- Author: Joseph E. Stiglitz
- First Published: 2002
- Type of Work: Current affairs and economics
- Time of Work: The 1990’s
- Setting: Washington, D.C., and the developing world
- Genres: Nonfiction, Current affairs, Economics
- Subjects: United States or Americans, Politics, Twentieth century, Poverty or poor people, Asia or Asians, Washington, D.C., Developing countries, Economics, Capitalism, Consumers or consumer rights, 1990’s, Environment or environmental health, Materialism, Russia or Russian people, Industrialization, Urbanization
- Locales: Washington, D.C.
Popular discontent with the economic process known as globalization is on the rise not only in developing countries, for which globalization has had adverse consequences, but also in the West, as shown by the large street demonstrations that take place whenever the World Trade Organization (WTO), the World Bank, or the International Monetary Fund (IMF) hold a major meeting. These demonstrations can no longer be shrugged off as the work of a small, discontented minority. In Globalization and Its Discontents, the critics of globalization and the role of Western financial and trade...
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