Waubonsee Community College

Globaloney 2.0, the crash of 2008 and the future of globalization, Michael Veseth

Label
Globaloney 2.0, the crash of 2008 and the future of globalization, Michael Veseth
Language
eng
Bibliography note
Includes bibliographical references and index
Index
index present
Literary Form
non fiction
Main title
Globaloney 2.0
Nature of contents
bibliography
Oclc number
461323802
Responsibility statement
Michael Veseth
Series statement
Globalization
Sub title
the crash of 2008 and the future of globalization
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 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
Table Of 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)
Classification
Content
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