The Roaring Nineties: A New History of the World's Most Prosperous Decade


Book Description

How one of the greatest economic expansions in history sowed the seeds of its own collapse. With his best-selling Globalization and Its Discontents, Joseph E. Stiglitz showed how a misplaced faith in free-market ideology led to many of the recent problems suffered by the developing nations. Here he turns the same light on the United States. The Roaring Nineties offers not only an insider's illuminating view of policymaking but also a compelling case that even the Clinton administration was too closely tied to the financial community—that along with enormous economic success in the nineties came the seeds of the destruction visited on the economy at the end of the decade. This groundbreaking work by the Nobel Prize-winning economist argues that much of what we understood about the 1990s' prosperity is wrong, that the theories that have been used to guide world leaders and anchor key business decisions were fundamentally outdated. Yes, jobs were created, technology prospered, inflation fell, and poverty was reduced. But at the same time the foundation was laid for the economic problems we face today. Trapped in a near-ideological commitment to free markets, policymakers permitted accounting standards to slip, carried deregulation further than they should have, and pandered to corporate greed. These chickens have now come home to roost. The paperback includes a new introduction that reviews the continued failure of the Bush administration's policies, which have taken a bad situation and made it worse.




The Roaring Nineties


Book Description

The 1990s promised prosperity for the world: a new ara of unprecedented economic growth, with capitalism American-style reigning supreme. So where did it all go wrong? As Chairman of Clinton's Council of Economic Advisors and Chief Economist at the World Bank, Joseph Stiglitz was uniquely placed to watch first-hand as the nineties unfolded. This definitive, shocking insider's account reveals the truth about that extraordinary decade of boom-and-bust. The Roaring Nineties claims that much of what we understand about the decade's prosperity is in fact wrong - that it was the US's mistaken economic policies of the time that paved the way for worldwide recession. Yes, jobs were created, technology prospered, productivity rose, inflation fell and new markets opened up everywhere. But at the same time the seeds were sown for the economic problems we face today.




Governing at Home


Book Description

Domestic policy issues are neglected by the president only at considerable risk, since policies in health care, education, welfare, the environment, and civil rights deeply affect the lives of ordinary Americans. This groundbreaking book on White House domestic policymaking is the first to draw upon both the experiences of former presidential advisers and the expertise of leading presidency scholars to explain how policies reflect campaign promises, emerge and evolve, and are sold to the American people. Covering six administrations from Richard Nixon through George W. Bush-with ample references to Barack Obama-it interweaves those insider and outsider perspectives to convey an eye-opening understanding of the policymaking process and the factors that influence it. The contributors here offer an unusual balance of practical wisdom and social science knowledge. Their insights address a number of key questions throughout the book: What role does the presidential campaign have in shaping the subsequent activity of the White House? How are the specifics of domestic policy, and priorities, established once a president is elected? Who, and what, is routinely involved in trying to sell domestic policy preferences to the American people? And what lessons can be learned from past successes and failures to enhance the ability of future presidents to succeed? "If there is a single overarching lesson to be drawn from this volume," observes contributor Bruce Miroff, "it might be the following: domestic policymaking is hard." These policy advisers know firsthand just how hard it is, and the lack of partisanship in their comments is striking and reassuring. Their accounts of lessons learned from the Oval Office will be especially valuable for years to come for scholars and students who wish to be acquainted with the real job of governing at home.




No Globalization Without Representation


Book Description

Amid the mass protests of the 1960s, another, less heralded political force arose: public interest progressivism. Led by activists like Ralph Nader, organizations of lawyers and experts worked "inside the system." They confronted corporate power and helped win major consumer and environmental protections. By the late 1970s, some public interest groups moved beyond U.S. borders to challenge multinational corporations. This happened at the same time that neoliberalism, a politics of empowerment for big business, gained strength in the U.S. and around the world. No Globalization Without Representation is the story of how consumer and environmental activists became significant players in U.S. and world politics at the twentieth century's close. NGOs like Friends of the Earth and Public Citizen helped forge a progressive coalition that lobbied against the emerging neoliberal world order and in favor of what they called "fair globalization." From boycotting Nestlé in the 1970s to lobbying against NAFTA to the "Battle of Seattle" protests against the World Trade Organization in the 1990s, these groups have made a profound mark. This book tells their stories while showing how public interest groups helped ensure that a version of liberalism willing to challenge corporate power did not vanish from U.S. politics. Public interest groups believed that preserving liberalism at home meant confronting attempts to perpetuate conservative policies through global economic rules. No Globalization Without Representation also illuminates how professionalized organizations became such a critical part of liberal activism—and how that has affected the course of U.S. politics to the present day.




Globalization's Contradictions


Book Description

Introduces a critical perspective on debates surrounding globalization for advanced undergraduate and masters students Broad in scope: scrutinizing political-economic, geopolitical, political, cultural and alternative visions of globalization Points the way towards future global geographies that are more inclusive and equitable Strong line of contributors including: John Agnew, Dennis Conway and Don Mitchell




Globalization and Its Discontents Revisited: Anti-Globalization in the Era of Trump


Book Description

An International Bestseller "Accessible, provocative, and highly readable." —Alan Cowell, New York Times In this crucial expansion and update of his landmark bestseller, renowned economist and Nobel Prize winner Joseph E. Stiglitz addresses globalization’s new discontents in the United States and Europe. Immediately upon publication, Globalization and Its Discontents became a touchstone in the globalization debate by demonstrating how the International Monetary Fund, other major institutions like the World Bank, and global trade agreements have often harmed the developing nations they are supposedly helping. Yet globalization today continues to be mismanaged, and now the harms—exemplified by the rampant inequality to which it has contributed—have come home to roost in the United States and the rest of the developed world as well, reflected in growing political unrest. With a new introduction, major new chapters on the new discontents, the rise of Donald Trump, and the new protectionist movement, as well as a new afterword on the course of globalization since the book first appeared, Stiglitz’s powerful and prescient messages remain essential reading.




Neoliberalism: A Very Short Introduction


Book Description

In its heyday in the late 1990s, neoliberalism emerged as the world's dominant economic paradigm. But the global financial crisis of 2008-9 fundamentally shocked a globalized economy built on neoliberal assumptions. This VSI examines the origins, core claims, and considerable variations of neoliberalism with examples from around the world.




Dynamic Leadership Models for Global Business: Enhancing Digitally Connected Environments


Book Description

As global business systems are becoming ever more complex and they continue to grow and expand, it is increasingly more difficult to stand out as an effective and efficient leader. Dynamic Leadership Models for Global Business: Enhancing Digitally Connected Environments describes various models on how to become an outstanding leader in today’s rapidly growing global business environments. This book seeks to provide positive instruction which illuminates a practical path to becoming a successful leader in such large and competitive markets. The approach is consistent with any existing leadership development program, or it may be undertaken as an individual initiative.




India in the Contemporary World


Book Description

This book brings together Indian and European perspectives on India’s polity, economy and international strategy. It explores internal, regional and global determinants shaping India’s status, position and goals in the early 21st century. Through an array of methodological and theoretical approaches, it presents debates on democracy, economic development, foreign and security policy, and the course of India–European Union relations. The volume will prove invaluable to scholars and students of international relations, politics, economics, history, and development studies, as well as policy makers and economists.




Politics of Fear


Book Description

"Lucidly written, widely informed, and uncompromisingly honest -- a valuable expose." Michael Parenti "Documents the stunning success of a network of wealthy donors and corporations in creating and sustaining a set of think tanks, legal action groups, and media strategies." Gary Orfield, Harvard University What explains the electoral success of Republicans, particularly of the ascendant neoconservatives who now dominate the Party? Based on a thorough and up-to-date examination of the New Right over twenty-five years, The Politics of Fear proposes some provocative answers, including globalization, new technologies, and a far-reaching network of right-wing think tanks and foundations. As the authors show, all have opened the doors to a new politics of fear successfully waged by the neoconservatives. By manipulating insecurity, the New Right has created an extraordinarily successful populist conservative movement. Utilizing extensive documentation, the authors argue convincingly that the fear of immigrants and racial minorities has served as the most effective tactic in the GOP arsenal, while their approach also implicates gays, feminists, and terrorists. The book explains why Americans have willingly supported a party that promises them security, just as it delivers greater economic and political insecurity. The authors argue that, despite their striking political successes, neoconservatives have delivered to voters a set of policies harmful to working Americans in the way of regressive tax measures, military exploits, tort reform, deregulation, and environmental destruction.