Why Globalization Works
(Yale University Press, 2004)
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The debate about globalization has reached a level of passionate intensity that inhibits rational discussion. In his new book, one of the world’s foremost commentators on the global economy explains how globalization works and why it makes political and economic sense. He confronts the arguments against globalization, including charges that it undermines sovereignty, weakens democracy, intensifies inequality, favors exploitative multinational corporations, and harms the environment. He delivers a careful and thorough refutation of each, and outlines a more hopeful future. The Economist magazine calls this book “the fullest and most sophisticated treatment to date of the case for globalization.”