Globalization and Its Discontents Revisited

When it was first published, Globalization and Its Discontents quickly became a bestseller and a touchstone in the globalization debate. Renowned economist and Nobel Prize winner Joseph E. Stiglitz argued that the International Monetary Fund and other major institutions put the interests of Wall Street and other corporate interests ahead of the developing nations they were supposedly helping, leading to political unrest and rampant inequality. Since then, globalization has continued to be mismanaged and has left a trail of disaffected citizens in its wake. Discontent with globalization is no longer a problem just for developing nations, as made clear by Donald Trump's election to the presidency. Stiglitz's powerful and prescient messages remain essential reading. "Accessible, provocative, and highly readable."-New York Times "This book is everyone's guide to the misgovernment of globalization. Stiglitz explains it here in plain and compelling language." -James K. Galbraith, University of Texas at Austin