Globalization and Its Discontents

From Nobel laureate Joseph Stiglitz, "Globalization and its
Discontents" is the bestselling expose of the all-powerful
organizations that control our lives. Our world is changing.
Globalization is not working. It is hurting those it was meant to
help. And now, the tide is turning...As chief economist at the
world bank, Nobel Prize-winner Joseph Stiglitz had a unique
insider's view into the management of globalization. Now he speaks
out against it: how the IMF and WTO preach fair trade yet impose
crippling economic policies on deveopling nations; how free market
'shock therapy' made millions in East Asia and Russia worse off
than they were before; and how the West has driven the global
agenda to further its own financial interests. Globalization can
still be a force for good, Stiglitz argues. But the balance of
power has to change. Here he offers real, tough solutions for the
future. "A massively important political as well as economic
document ...we should listen to him urgently". (Will Hutton,
"Guardian"). "Stiglitz is a rare breed, an heretical economist who
has ruffled the self-satisfied global establishment that once fed
him. Globalization and its Discontents declares war on the entire
Washington financial and economic establishment". (Ian Fraser,
"Sunday Herald"). "Gripping ...this landmark book shows him to be a
worthy successor to Keynes". (Robin Blackburn, "Independent").
Joseph Stiglitz is one of the world's best-known economists. He was
Chief Economist at the World Bank until January 2000. Before that
he was Chairman of President Clinton's Council of Economic
Advisers. He is currently Professor of Finance and Economics at
Columbia University. He won the Nobel Prize for Economics in 2001
and is the author of the bestselling "Making Globalization Work",
"The Price of Inequality" and "The Roaring Nineties", all published
by Penguin.