Description
ROWMAN & LITTLEFIELD Globaloney 2.0 The Crash of 2008 and the Future of Globalization 2010 Edition by Michael Veseth
Globalization is in retreat, but history tells us that this is but a temporary reversal. Globalization will return, but in what form? More cycles of boom and bust? Or can globalization be rebuilt on a more feasible and sustainable platform? These are the compelling questions that Michael Veseth tackles in this thoroughly revised and updated edition of his award-winning book.Veseth shows how pre-crash visions of globalization were based on three powerful myths: that global finance was a stable foundation for a global economy, that global markets homogenized and Americanized the world, and that globalization itself was irresistible-impossible to shape or oppose at any level from the grassroots on up. The world economic crisis has revealed globalization's Achilles heel: the fundamental instability of global financial markets and the unsettled foundation of economic globalization generally. This realization is a necessary first step, but it alone is not enough. We must rethink the rest of globalization's myths, Veseth persuasively argues, if we want to move beyond boom and bust to a sustainable global future. Table of contents :- IntroductionChapter 1: Globalization? Or Globaloney?Chapter 2: Financial Globaloney: Safe as HousesChapter 3: The Crash of 2008 and the Global Market MythChapter 4: Golden Arches GlobaloneyChapter 5: The Only Game in TownChapter 6: Grassroots GlobaloneyChapter 7: Slow-balization: Using Globalization to Fight GlobalizationChapter 8: Globalization and the French ExceptionChapter 9: The Future of Globalization (and Globaloney)