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Book synopsis

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.

Book details

Book category Books in English Society & social sciences Society & culture: general Social issues & processes

• Full title: Globaloney 2.0
• Subtitle: The Crash of 2008 and the Future of Globalization
• Author: Michael Veseth
• Language: English
• Binding: Hardback
• Number of pages: 238
• EAN: 9780742567450
• ISBN: 0742567451
• ID: 04670573
• Publisher: Rowman & Littlefield
• Weight: 354 g
• Dimensions: 240 × 161 × 21 mm
• Date of publishing: 16. January 2010

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