Globalization and its Discontents

by Joseph Stiglitz

Remember the protests at the Seattle WTO (World Trade Organization) meeting in 1999 and again in Genoa in 2001? According to the author, every major meeting of the International Monetary Fund (IMF), the World Bank and the WTO is now the scene of conflict and turmoil. This book, a national bestseller, was my first attempt to understand why globalization has incited hostility in ordinary people around the world. It’s a complicated issue with many points of view.

I chose this particular book because Joseph Stiglitz, formerly a Stanford professor and currently a Columbia University professor, is a Nobel prize winning economist who was chairman of the White House’s Council of Economic Advisors and Chief Economist at the World Bank. The book was also described as accessible and highly readable, both virtues in a book that deals with development and economics. Thanks to Cindy at Island Books for the recommendation.

For the full summary Download globalization_and_its_discontents.doc

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