The Case Against the Global Economy

Expressed in such new institutions as GATT, NAFTA, the World Trade Organizations, and Maastricht, as well as by the development schemes of the World Bank and the International Monetary Fund, economic globalization has been bulldozed through legislative bodies throughout the world, with scant public debate or discourse. These tremendous changes are hailed by their backers as leading to a new era or prosperity and peace, but is this true? Now, for the first time, we have a comprehensive point-by-point analysis of the workings of the global economy, its premises, and its dire implications told by more than forty of the world's leading social, environmental, and economic thinkers from the America's, Europe, Asia, and the Pacific. They charge that free trade and economic globalization create exactly the opposite results from what is promised. Each of the forty-three chapters in The Case Against the Global Economy takes one part of the story and delves into it, to show both the root assumptions of globalism and its multiple failures. In the end, it is clear that we need to reverse course; away from the global toward a revitalization of local political and economic control, self-sufficiency, and ecological health.