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Globalization and Its Enemies

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Synopses & Reviews

Publisher Comments:

The enemies of globalization--whether they denounce the exploitation of poor countries by rich ones or the imposition of Western values on traditional cultures--see the new world economy as forcing a system on people who do not want it. But the truth of the matter, writes Daniel Cohen in this provocative account, may be the reverse. Globalization, thanks to the speed of twenty-first-century communications, shows people a world of material prosperity that they do want--a vivid world of promises that have yet to be fulfilled. For the most impoverished developing nations, globalization remains only an elusive image, a fleeting mirage. Never before, Cohen says, have the means of communication--the media--created such a global consciousness, and never have economic forces lagged so far behind expectations.Today's globalization, Cohen argues, is the third act in a history that began with the Spanish Conquistadors in the sixteenth century and continued with Great Britain's nineteenth-century empire of free trade. In the nineteenth century, as in the twenty-first, a revolution in transportation and communication did not promote widespread wealth but favored polarization. India, a part of the British empire, was just as poor in 1913 as it was in 1820. Will today's information economy do better in disseminating wealth than the telegraph did two centuries ago? Presumably yes, if one gauges the outcome from China's perspective; surely not, if Africa's experience is a guide. At any rate, poor countries require much effort and investment to become players in the global game. The view that technologies and world trade bring wealth by themselves is no more true today than it was two centuries ago.We should not, Cohen writes, consider globalization as an accomplished fact. It is because of what has yet to happen--the unfulfilled promises of prosperity--that globalization has so many enemies in the contemporary world. For the poorest countries of the world, the problem is not so much that they are exploited by globalization as that they are forgotten and excluded.

Synopsis:

A provocative argument that that the frustrations of globalization stem from the gap between the expectations created by modern media and the lagging economic reality in poor countries.

About the Author

Daniel Cohen is Professor of Economics at the École Normale Supérieure and the Université de Paris-I. A member of the Council of Economic Analysis of the French Prime Minister, he is the author of The Wealth of the World and the Poverty of Nations, Our Modern Times: The Nature of Capitalism in the Information Age, Globalization and Its Enemies, and Three Lectures on Post-Industrial Society, all published by the MIT Press.

Product Details

ISBN:
9780262033503
Author:
Cohen, Daniel
Publisher:
MIT Press (MA)
Translator:
Baker, Jessica B.
Author:
Massachusetts Institute of Technology
Location:
Cambridge
Subject:
General
Subject:
Economic Conditions
Subject:
Economic aspects
Subject:
Globalization
Subject:
Globalization - Economic aspects
Subject:
Economics - General
Copyright:
Series:
Globalization and Its Enemies
Publication Date:
20060324
Binding:
HARDCOVER
Grade Level:
from 17
Language:
English
Pages:
208
Dimensions:
8 x 5.375 x 0.5 in

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Related Subjects

History and Social Science » Economics » General
History and Social Science » Economics » Global Economics
History and Social Science » Politics » General
History and Social Science » Sociology » General

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Product details 208 pages MIT Press - English 9780262033503 Reviews:
"Synopsis" by , A provocative argument that that the frustrations of globalization stem from the gap between the expectations created by modern media and the lagging economic reality in poor countries.
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