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…
This sharp and authoritative account of American foreign relations analyzes the last 15 years of foreign policy, since the end of the Cold War, in relation to the last 40 years. In 1989, the US emerged as victor from the Cold War struggle. But what did victory mean? In the US, commentators were divided in their views: some feared their nation's eclipse by more successful trading powers or blo…
The Roaring Nineties is in part the story of how the corrupt and greedy got their comeuppance. But Stiglitz also develops a convincing alternative to the free-market mantra. He shows why greed is not good - for companies, individuals, or societies - and how if left unchecked it leads to deceptions, distortions and disasters. He argues that achieving the right balance between government and the …