Globalization and Its Discontents Revisited

Hardback was a Sunday Times top ten best-seller for three weeks.In this hugely controversial book, the most recent winner of the Nobel Prize for Economics argues that though globalization should be a powerful force for good, it has been badly mishandled by the West (especially its lead institutions, the World Bank and the IMF), and that the anti-globalizing protestors have much to say that we should listen to. Coming from a figure of Stiglitz's background and authority, this is an explosive message which will change the way we regard modern global politics.

Joseph E. Stiglitz was Chairman of the President's Council of Economic Advisers 1995-7 and Chief Economist at the World Bank 1997-2000. He is currently University Professor at Columbia University, teaching in the Department of Economics, the School of International and Public Affairs, and the Graduate School of Business. He is also the Chief Economist of the Roosevelt Institute and a Corresponding Fellow of the Royal Society and the British Academy. He won the Nobel Prize for Economics in 2001 and is the bestselling author of Globalization and Its Discontents, The Roaring Nineties, Making Globalization Work, Freefall, The Price of Inequality, The Great Divide and Power, People, and Profits, all published by Penguin.

Globalization is not working. It is hurting those it was meant to help. But now the tide is turning. In his bestselling expos Joseph Stiglitz, former chief economist at the World Bank, speaks out against the international organizations that control our lives, and shows why the balance of power must change. 'Compelling ... this book is everyone's guide to the misgovernment of globalization' Jamie Galbraith 'Stiglitz is a rare breed, an heretical economist who has ruffled the self-satisfied global establishment that once fed him. Globalization and its Discontents declares war on the entire Washington financial and economic establishment' Ian Fraser, Sunday Herald 'Gripping ... this landmark book shows him to be a worthy successor to Keynes' Robin Blackburn, Independent

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