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   globalization


This page looks at globalisation, a term that is as problematical as the new economy or electronic commerce.

Why not begin with incisive coverage by Anthony Giddens in his short Runaway World (London, Profile 99) and John Mickelthwait & Adrian Wooldridge in A Future Perfect: The Challenge & Hidden Promise of Globalisation (New York, Times 00). Michael Jordan & the New Global Capitalism (New York, Norton 99) by Walter LaFeber offers insights into global marketing and manufacturing, wrapped around the sportsman's career. 

Saskia Sassen's Losing Control: Sovereignty in an Age of Globalization (New York, Columbia Uni Press 96) and Globalization & Its Discontents: Essays On The New Mobility of People & Money (New York, New Press 99) are both sparkling, although a tad too pessimistic in our view. 

Robert Gilpin's The Challenge of Global Capitalism: The World Economy in the 21st Century (Princeton, Princeton Uni Press 00) is a view from the Right by a leading US political economist, echoing Robert Kaplan's sombre The Coming Anarchy (New York, Random 00). We enjoyed - tho disagreed with Doug Henwood's Wall Street (London, Verso 97), described by Christopher Hitchens as "a charm against the priests and warlocks of pseudo-science". 

Kevin O'Rourke & Jeffrey Williamson in Globalization & History: The Evolution of a 19th Century Economy (Cambridge, MIT Press 99) offer a useful historical perspective. Williamson co-authored Growth Inequality & Globalization: Theory, History & Policy (Cambridge, Cambridge Uni Press 99).
David Landes' The Wealth & Poverty of Nations (New York, Little Brown 98) is crisp, deeply-researched and intelligent.  We recommend it over Manuel Castell's neomarxist three volume The Information Society (Oxford, Blackwell 99). 

Castells tries, with some success, to tease out the antecedents and consequences of living in the global village.  Frances Cairncross, senior editor at the Economist, offers general insights in her sprightly in The Death of Distance: How the Communications Revolution Will Change Our Lives (London, Orion 97).

While big may not be best, the Web isn't a level playing field.  Bennett Harrison's Lean & Mean: Why Large Corporations Will Continue to Dominate the Global Economy (New York, Guilford Press 97) explores some of the questions posed by Dan Schiller's Digital Capitalism: Networking the Global Market System (Cambridge, MIT Press 99).  His paper Ambush on the I-Way: Commoditization on the Electronic Frontier and Deep Impact: The Web & the Changing Media Economy (Info, Feb 99) are provocative.

Thomas Friedman's acclaimed but vacuous The Lexus & the Olive Tree (London, HarperCollins 99) - "why is half the world intent on building a better car, while the other half is locked in primordial struggles over who owns which olive tree, which strip of land?" - is a downmarket version of arguments in the more gutsy but flawed The Clash of Civilisations & the Remaking of World Order (New York, Simon & Schuster 96) by Samuel P Huntingdon. Read Gilpin or Sassen instead. 

Anti-globalisation lament One World, Coming Ready or Not (New York, Simon & Schuster 97) by William Greider - author of an excellent study of US central banking - can be profitably read in conjunction with George Gilder's deliriously upbeat pro-market tract Microcosm: The Quantum Revolution in Economics & Technology ( New York, Simon & Schuster 89) and Lewis Lapham's mordant The Agony of Mammon: The Imperial Global Economy Explains Itself to the Membership In Davos, Switzerland (London, Verso 98).  

Much of Ian Angell's acclaimed The New Barbarian Manifesto: How To Survive The Information Age (London, Kogan Page 00) is merely silly.

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and the global info society

Global Economic Commerce: Theory & Case Studies (Cambridge, MIT Press 99) by J Christopher Westland and Theodore Clark is an excellent introduction, broader than the title suggests.  

Alan Burton-Jones' Knowledge Capitalism: Business, Work & Learning in the New Economy (Oxford, Oxford Uni Press 99) supplies perspectives on how the new infrastructure will be used.  

James Cortada edited an excellent introduction to the 'economy of symbolic analysts' - people who like you who work with facts & figures - in Rise of the Knowledge Worker (Boston, Butterworth-Heinemann 98), part of a series that includes volumes on The Knowledge Economy and The Economic Impact of Knowledge (both edited by Dale Neef).


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