The Greatest Story Oversold: Understanding Economic Globalization

The Greatest Story Oversold: Understanding Economic Globalization

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qqFree tradeqq was touted as a way to make economies more efficient and productive, and a strategy that would also benefit small businesses and workers. Instead, as author Stan Duncan says, qqCorporate and political powers have contorted and stacked the decks of the financial machinery that runs the earth in such a way that rewards the rich and extracts payments from the poor.qqThe Greatest Story Oversold helps general readers understand the various global economic forces at work today. In non-technical language Duncan explains the qqrulesqq and general practices of transnational corporations and global lenders like the World Bank and the International Monetary Fund. He connects the dots between what happens qqhereqq and what happens qqthere, qq addressing the impact of specific issues like the global banking crisis, third world debt, NAFTA, and immigration.InTheLexus andthe OliveTree Friedmandevotes one chapter towhathe calls the a€œ backlasha€ against whathe believes to bethe obvious ... following Hurricane Katrina, and because it measures the total wealth of anationand not itsconstituent parts. ... WorldBank numbers Hahnel, Panic Rules: Everything up through 1997, cited in Robin YouNeed toKnow about the Global Economy (Cambridge, Mass.

Title:The Greatest Story Oversold: Understanding Economic Globalization
Author:Duncan, Stan G.
Publisher:Orbis Books - 2014-04-10


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