George Soros applies his experience in the world of finance to explain what is happening in the collapsing global economy. The Russian economy has collapsed leading to inflation and economic hardship; scores of Japanese banks are in ruin; the once-booming economies of Thailand, Malaysia and Indonesia have imploded; and even in Europe and America, the markets lurch violently, wiping out gains ea…
Globalization today is not working. It is not working for many of the world's poor. It is not working for much of the environment. It is not working for the stability of the global economy. It is Stiglitz's extraordinary authority and experience that make this book so compelling. Stiglitz admits, 'It is the trade unionists, students, environmentalists and ordinary citizens marching in the stree…