The Collapse of Globalism
And the reinvention of the world
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- $14.99
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- $14.99
Publisher Description
IN THE MIDST OF A WORLDWIDE SOCIAL AND ECONOMIC CRISIS, JOHN RALSTON SAUL REVISITS THE ROLE OF GLOBALISM
In 1999, Saul began arguing that Globalism was collapsing. In 2005, he laid out this scenario in The Collapse of Globalism. Now Saul has enlarged the book, showing how today's crisis came about and suggesting what to do next.
In this new edition, Saul describes the financial crisis as a mere boil to be lanced. The far more serious problem is that the West remains stuck on outdated ideas of growth, wealth creation and trade expansion.
Whereas public policy is still dominated by the people who created this crisis, Saul envisions a new sort of wealth creation and growth and advocates new forms of action.
Declared a 'prophet' by Time magazine, Saul offers prescient insights into today's global crisis.
PRAISE FOR THE COLLAPSE OF GLOBALISM
'Informative, engaging and, above all, bitingly critical . . . A breath of fresh air.'
THE GUARDIAN (LONDON)
'A wonderful read, chock full of penetrating insights.'
NATIONAL POST
PUBLISHERS WEEKLY
"The monolithic ideology of economic truisms is fading away," writes Saul in this ominously titled elegy to globalism, an equally revered and reviled economic philosophy in which world markets would supplant nation-states. At least that was the plan thirty years ago. Throughout the book, Saul shows how the plan has failed-even as it succeeded-by increasing GDP or individual wealth in some countries while allowing the paralyzing accumulation of debt in the third world. In the meantime, economies have artificially inflated and imploded, much like the belief that technology, business and communications could overcome cultural differences or the emergent flexing of nationalism that has resulted from the end of the cold war. The author also faults a system where multinational corporations attempt to replace government infrastructure and "overly complex" management is mistaken for leadership. A thoughtful and intellectually rigorous study of globalism's rise and, if Saul is correct, imminent fall, the book carries a foreboding tone throughout. Yet, Saul asserts, the economic future may be brighter now that "the idea of choice is back," itself a result of what he deems "positive nationalism." Needless to say, Saul will have no fans among the tax cutters and free trade proselytizers, but his salient analysis is as accessible and relevant to the small shop owner as it is to the CEO of a multinational corporation.
