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Book Reviews of Making Globalization Work

Making Globalization Work
Making Globalization Work
Author: Joseph E. Stiglitz
ISBN-13: 9780141024967
ISBN-10: 0141024968
Publication Date: 9/30/2007
Pages: 384
Rating:
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0 stars, based on 0 rating
Publisher: Penguin Books Ltd (UK)
Book Type: Paperback
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This is an excellent discussion of the problems caused by globalization in the developing world (and in certain segments of the developed world). The author advances many suggestions to redress the imbalances (and misery) caused by the developed nations' (or more specifically, their large corporations') "hijacking" of the globalization process to their own benefit. Some of them seem utopian, and some of them make a citizen of a first-world country hesitate. If the basic premise that with globalization and the free flow of capital there will be either equalization of wages or migration of labor is indeed true, what will happen to the economies of first-world countries?