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9780768682281

The Globalization Gap How the Rich Get Richer and the Poor Get Left Further Behind (paperback)

by
  • ISBN13:

    9780768682281

  • ISBN10:

    0768682282

  • Format: Paperback
  • Copyright: 2004-07-16
  • Publisher: Ft Pr
  • Purchase Benefits
List Price: $29.99
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Summary

Globalization Has Triumphed, But Can We Save the Poor?

“An impassioned report on the dangerous side of globalization, the book is a much-needed counter to the widespread propensity of economists to spring automatically to its defense. Recognizing that globalization cannot be wished away, the author turns to the proper question: how can we ensure that its potential contribution to welfare is not lost?”

     –William Baumol, Emeritus Professor, Princeton University, and co-author of Downsizing in America: Reality, Causes and Consequences

“Robert Isaak is unique among critics of Globalization in that he accepts it as inevitable but goes determinedly to propose innovations that can make it work better economically and socially for the rich and the poor.”

“Robert Isaak's new book presents fresh ideas on globalization that will enrich a polarized debate between the pessimists and the hyper-optimists. His work brings back Ortega y Gasset classic ideas of the late 1930’s when the "masses" brought down globalization and with it the worst recession and the bloodiest war. I am sure that Isaak's book will guide the readers to look forward after learning from past ideas and experiences.”

     –Jorge Pinto, former Ambassador of Mexico and member of the Board of the World Bank. Director of the Center for Global Finance

For most people except the world’s very richest, globalization is failing–catastrophically. If we don’t act, its failure will lead to a global upheaval worse than any in human history. But there’s another, better path. Isaak shows how a new globalization can give the poor a powerful stake, both here and abroad. Isaak's ideas can lead toward a more stable, peaceful world, in which we can all build our futures–rich and poor alike.

Author Biography

Robert A. Isaak is Henry George Professor of International Management at Pace University, New York. He teaches international management, comparative management, and creativity and entrepreneurship across cultures. Dr. Isaak’s nine books include Green Logic, Managing World Economic Change, and Modern Inflation (with WilhelmHankel).

He has consulted for global enterprises including Siemens, Technicon, Prudential Intercultural, and Global Intercultural. He has also taught in many places in the world, including at the University of Heidelberg, Groupe École Superieure de Commerce de Grenoble, CERAM European Graduate School of Management in Sophia Antipolis, Franklin College in Lugano, The Johns Hopkins School of Advanced International Studies in Bologna, and New York University.

Dr. Isaak holds a B.A. from Stanford University and a Ph.D. from New York University.

Table of Contents

About the Author
Preface
Introduction
The Revolt of the Rich
Time versus Opportunity False Promises of Development
The Rich: Who They are and How They Work and why they Speed Things Up
Who the Rich Are and How They Live
Big, First, and Well Positioned
Bigger Houses with Fewer People in Them
Education Equals Savings and Investment
The Truly Rich Are Really Thrifty
Harried Leisure and Time Deprivation
Pyramids of Opportunity
A Sea Change: Getting Rich on the Job
Corporate Wealth and Hedging
The Global Speed Trap: Diversifying to Ward off Losses and Old Age
How the Global Economy Is Speeding Up
Attention Deficit Disorder: Metaphor for Cultural Disintegration? The Graying of the Rich: From Baby Boom to Bust
The Poor: Who They are, how they Live, and Why They are Dependent
Why the Poor Are Where They Are
Income Inequality
Is the World's Middle Class Disappearing? Asset Inequalities
Democratic Deficits versus Too Much Democracy
A Passage Through India
Emerging Modernity
Reinforcing Poverty through Religion and Cultural Traditions
"Indian Time," Caste, and Aesthetic Design Confront Globalization
High-Tech Bangalore and the Time Warp
Poverty Traps
The Institutional Trap
The Trade Trap
The Educational Trap, the Gender Gap, and the Digital Divide
The Debt Trap
Cultural Traps and Governability
Property Laws, Legal Traps, Limited Markets
The Rules
Origins of the Rules of Globalization
Protecting Comparative Advantage: Making the Most of What You've Got
The "Fixing" of Exchange Rates
Oil Cartels and Petro-Dollars
Democratizing Investment Banking
Trade Rules
From Scarcity to Ubiquity: Digitization and the Falling Cost of Information
How the Rules Rule the Poor
How to Increase Poverty with Trade
How Free Capital Flows Can Create the Poor
The Competitiveness Mantra: Consolidate, Raise Productivity, Downsize, Outsource
Crisis and Solutions
Global Crises We Will All Face
Too Many People in the Wrong Places
The Spread of Plagues and Epidemic Diseases
The Rapid Global Spread of Unemployment and Underemployment
The Education Crisis: Elite Hierarchies Confront Desperat
Table of Contents provided by Publisher. All Rights Reserved.

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