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Globaloney 2.0 : the crash of 2008 and the future of globalization

Author: Michael Veseth
Publisher: Lanham, Md. : Rowman & Littlefield, 2010.
Series: Globalization (Lanham, Md.)
Edition/Format:   Print book : English : 2nd edView all editions and formats
Database:WorldCat
Summary:
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? 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  Read more...
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Material Type: Internet resource
Document Type: Book, Internet Resource
All Authors / Contributors: Michael Veseth
ISBN: 9780742567450 0742567451 9780742567467 074256746X 9780742567474 0742567478
OCLC Number: 461323802
Description: vii, 230 pages ; 24 cm.
Contents: Globalization? Or globaloney? --
Financial globaloney : safe as houses --
The crash of 2008 and the global market myth --
Golden arches globaloney --
The only game in town --
Grassroots globaloney --
Slow-balization: using globalization to fight globalization --
Globalization and the French exception --
The future of globalization (and globaloney).
Series Title: Globalization (Lanham, Md.)
Responsibility: Michael Veseth.

Abstract:

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? 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.

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Praise for the first edition- In Globaloney, Michael Veseth achieves a rare combination: he conveys important economic arguments in a vivid and highly entertaining style. For anyone trying to assess Read more...

 
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