Can Globalization Succeed?

The Big Idea

by Dena Freeman

A lively examination of the effects of neoliberal globalization, its ability to adapt, and its potential to survive the antiglobalization and nationalist backlash. The expansion of capitalism and neoliberal ideologies have delivered economic integration between countries and brought global inter-connectedness to individuals. So why do so many people now feel that they are citizens of nowhere, disparaged by the cosmopolitan elites? Has democracy and the power of nation states been irredeemably weakened by unfettered global finance, opaque forms of global governance, and the power of transnational corporations? Can the huge rise in social and economic inequality be reversed? Can diverse cultural expression be maintained in a globalizing world? In the context of the current nationalist backlash and the momentous impacts of the COVID-19 pandemic, this thought-provoking volume considers whether globalization is dead or whether it will survive, and perhaps transform. Written in a clear and engaging style, the volume traces the development of economic globalization starting from the first wave of colonialization in the 15th century, through the first period of globalization at the end of the 19th century, and up to the contemporary period of globalization that started in the 1980s and appears today to be teetering on the brink of collapse. It explores the impacts of globalization on today’s world, from global supply chains and tax havens to rising economic inequality, climate change and pandemics, and assesses the different impacts on rich and poor countries, and on the rich and poor within countries. It then reviews the growing anti-globalization sentiment, starting from the anti-IMF protests that raged through developing countries in the 1980s and 1990s, to the emergence of the transnational anti-globalization movement of the 2000s, to more recent uprisings such as the Arab Spring, The Occupy Movement, the Gilets Jaunes, and to the current populist nationalist backlash led by President Trump and embodied in the 2016 Brexit vote. Sensing that globalization has reached a tipping point, the book considers a range of possible scenarios for the future world order, including nationalism, authoritarianism and democratic globalism. Finally, it explores whether globalization can be democratized in a world in which effective and inclusive global governance is crucial to solving global problems, such as tackling climate change, controlling global pandemics and upholding universal human rights. 150 color illustrations

Genres: Economics

144 pages, Paperback

Published October 20, 2020

Reviews

[Ietrio · Rating 1 out of 5]

Aparently the tax payers are doing something wrong, as they have to pay for this governmental drone to tell stories of gods walking the Earth. Hence, Globalization is an entity with a will of itself and it is battling the wise gods people call Governments. For an illiterate living in the desert some millennia ago, this is a remarcable mythology. For 21st century this is just how ridiculous the game has gotten: the poor, the unemployed, the widows and the orphans taxed to extremes so imoral beings like Freeman could tailor the emperor's new clothes.

[Zeerak · Rating 5 out of 5]

Another high quality book in The Big Idea series. An excellent companion for the TBI Democracy and Capitalism books.

[Bokbobla · Rating 4 out of 5]

Quote in 🇧🇻 Norwegian & 🇬🇧 English:

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En bok om globalisering er brennaktuell i disse tider. 🔥

Paradokset er at når vi mennesker nå virkelig trenger å stå sammen, oppstår konflikter og splittelse.

"𝘐𝘯𝘯𝘴𝘢𝘵𝘴𝘦𝘯 𝘧𝘰𝘳 å 𝘥𝘦𝘮𝘰𝘬𝘳𝘢𝘵𝘪𝘴𝘦𝘳𝘦 𝘨𝘭𝘰𝘣𝘢𝘭𝘪𝘴𝘦𝘳𝘪𝘯𝘨𝘦𝘯 𝘰𝘨 𝘴𝘬𝘢𝘱𝘦 𝘦𝘵 𝘴𝘢𝘯𝘵 𝘨𝘭𝘰𝘣𝘢𝘭𝘵 𝘥𝘦𝘮𝘰𝘬𝘳𝘢𝘵𝘪 𝘴𝘰𝘮 𝘬𝘢𝘯 𝘩å𝘯𝘥𝘵𝘦𝘳𝘦 𝘥𝘦 𝘱𝘳𝘦𝘴𝘴𝘦𝘳𝘦𝘯𝘥𝘦 𝘨𝘭𝘰𝘣𝘢𝘭𝘦 𝘱𝘳𝘰𝘣𝘭𝘦𝘮𝘦𝘯𝘦 𝘪 𝘷å𝘳 𝘵𝘪𝘥, 𝘬𝘢𝘯 𝘷æ𝘳𝘦 𝘥𝘦𝘯 𝘷𝘪𝘬𝘵𝘪𝘨𝘴𝘵𝘦 𝘬𝘢𝘮𝘱𝘦𝘯 𝘪 𝘥𝘦𝘵 𝘵𝘫𝘶𝘦𝘧ø𝘳𝘴𝘵𝘦 å𝘳𝘩𝘶𝘯𝘥𝘳𝘦 "

~ Fra boken 𝘒𝘢𝘯 𝘨𝘭𝘰𝘣𝘢𝘭𝘪𝘴𝘦𝘳𝘪𝘯𝘨 𝘭𝘺𝘬𝘬𝘦𝘴? av 𝘋𝘦𝘯𝘢 𝘍𝘳𝘦𝘦𝘮𝘢𝘯

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A book about globalization is highly relevant these days. 🔥

The paradox is that when we humans now really need to stand together, conflicts and divisions arise. 

"𝘛𝘩𝘦 𝘦𝘧𝘧𝘰𝘳𝘵 𝘵𝘰 𝘥𝘦𝘮𝘰𝘤𝘳𝘢𝘵𝘪𝘻𝘦 𝘨𝘭𝘰𝘣𝘢𝘭𝘪𝘻𝘢𝘵𝘪𝘰𝘯 𝘢𝘯𝘥 𝘤𝘳𝘦𝘢𝘵𝘦 𝘢 𝘵𝘳𝘶𝘦 𝘨𝘭𝘰𝘣𝘢𝘭 𝘥𝘦𝘮𝘰𝘤𝘳𝘢𝘤𝘺 𝘵𝘩𝘢𝘵 𝘤𝘢𝘯 𝘢𝘥𝘥𝘳𝘦𝘴𝘴 𝘵𝘩𝘦 𝘱𝘳𝘦𝘴𝘴𝘪𝘯𝘨𝘱𝘳𝘦𝘴𝘴𝘪𝘯𝘨 𝘨𝘭𝘰𝘣𝘢𝘭 𝘪𝘴𝘴𝘶𝘦𝘴 𝘰𝘧 𝘰𝘶𝘳 𝘵𝘪𝘮𝘦 𝘮𝘢𝘺 𝘣𝘦 𝘵𝘩𝘦 𝘮𝘰𝘴𝘵 𝘪𝘮𝘱𝘰𝘳𝘵𝘢𝘯𝘵 𝘴𝘵𝘳𝘶𝘨𝘨𝘭𝘦 𝘰𝘧 𝘵𝘩𝘦 𝘵𝘸𝘦𝘯𝘵𝘺-𝘧𝘪𝘳𝘴𝘵 𝘤𝘦𝘯𝘵𝘶𝘳𝘺."

~ From the book 𝘊𝘢𝘯 𝘎𝘭𝘰𝘣𝘢𝘭𝘪𝘻𝘢𝘵𝘪𝘰𝘯 𝘚𝘶𝘤𝘤𝘦𝘦𝘥?  by 𝘋𝘦𝘯𝘢 𝘍𝘳𝘦𝘦𝘮𝘢𝘯 (My translation)

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View my blog for full review:
https://www.bokbobla.no/2022/08/kan-g...

➡️ bokbobla.no (link in bio)

[Leseeksemplar @mangschouforlag]

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[Alex · Rating 5 out of 5]

Superb book! Everything you ever wanted to know about globalization – how it developed, how it changes our lives for good and for bad (mostly for bad in the current version we have now), and the various ways that people round the world have resisted it and protested against it. The most thought-provoking part is chapter four which looks to the future and discusses what may be coming next. The author presents some really worrying scenarios including global authoritarianism using AI, declining democracy, soaring inequality and climate crisis. She argues that the opposite is not to go back to nationalism as many right-wingers propose, but instead to build a global democracy. Get the elites out of power and let everyone have a say in how the world is run. On the one hand it sounds a bit like a dream, but the author connects it to the way the national democracy developed in the nineteenth century and then you see that sometimes things that seem like a dream can actually come true if enough people struggle and protest and get involved in politics. There are interesting ideas about how this could be done now, such as forming global political parties or creating a United Nations Parliamentary Assembly (a kind of proto world parliament) and examples of groups trying to make these happen now. Really eye-opening stuff.

[Hans Leander · Rating 5 out of 5]

This is an important book that introduces the phenomenon of globalization to a wide audience. Neoliberal globalization has failed, Freeman argues, and refers to how democracy at the national level has lost power in face of a globalized economy. But rather than endorsing national populism, Freeman points to the possibility of another kind of globalization that takes common human interests as its starting point. The key to such a globalization is a strengthening, widening and deepening of the institution that globalization so far has neglected: Democracy.

[Rendell · Rating 3 out of 5]

Simple and short supplementary book for a quick overview on the current state of globalisation from a western perspective.

Takeaways:

- Author identified 3 types of globalisation found in
our daily context.

- Politics: Left wing pro-globalisation & Right wing
populist/nationalist (explanations and examples)

- Global Democratic Party ideology (pro and cons)

Useful for GP essay and understanding why some riots around the world happen.

[Sanskriti · Rating 3 out of 5]

I was really hoping my final book for 2024 would be a Christmas book or something but instead I had to read this for a class and write an essay on it. Pretty easy read though and I’m gonna count it because I did have to read all of it. Three stars only because the formatting of this book is so complicated and it hurt my eyes

[Ceren Mutlu · Rating 5 out of 5]

A must read book to grasp the essentials of globalization within few hours. The last chapter gives you a direction to think about the future of globalization.

[Amelo · Rating 4 out of 5]

Love these books but did not really learn anything new

[naya]

i’m only reading books for school right now this is sick 😭