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Globalization: The Irrational Fear That Someone in China Will Take Your Job
In "Globalization," authors Bruce Greenwald and Judd Kahn cut through the myths surrounding globalization and look more closely at its real impact, presenting a more accurate picture of the present status of globalization and its future consequences. Page by page, they uncover the real facts about globalization and answer the most important questions it raises, including:...more
Hardcover, 186 pages
Published
November 1st 2008
by John Wiley & Sons
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Bruce C. Greenwald (who teaches in Columbia University’s Graduate School of Business) and Judd Kahn (a former history professor) proof globalists to be dead wrong in Glob•ali•za´•tion: n. The Irrational Fear that Someone in China Will Take Your Job. While we’re supposed to live in the Globalization 3.0 world according to Thomas L. Friedman c.s. the net effects of factors related to globalization seem absent. Necessary are good statistics (remember the lies, damned lies & statistics quotes?),...more
I really did not like this book and almost stopped half way. I was intrigued by the title since I’ve been looking for a way to rebut Joe Camisa’s constant claims that Chinese companies are taking over our manufacturing jobs and hurting our economy (now and for the future). I also wanted to revisit some of the info I learned in Econ (I seem to remember learning trade always benefits both parties). Unfortunately I got neither. I thought the main point- local factors are more important than foreign...more
Well-researched and balanced, this book sheds light on the fact that globalization is really not that new or different. Tracing globalization's roots to trends in the 20th and preceding centuries, I liked this book because it provided me with hope and optimism for the future. By avoiding all-or-nothing thinking, the author points to both positive and negative aspects of globalization as a continuum that is actually probably in decline. In some disagreement with mainstream authors and journalists...more
Extremely weak book even if it makes some relevant points here and there. The premise for most part is simple: most economies are local economies and are influenced only at the margin by global forces. Whether one agrees strongly with this or not, the examples given to prove this are laughably trivial most of the times and too irrelevant at others. The author makes no effort to balance the arguments on the other side and appears to willfully stay away from topics that would contradict the basic...more
Presumptuous intellectual wanking. I should have been warned by the trite title that this would be so narrowly focused on the Greenwald's definition of globalization as to be useful only as text for an exploratory econ class (which I'd bet it was written for). Fly-by-night MBA's looking to brown nose their up-line executives will find it provides very good fertilizer for office bull sessions.
Not saying there's no good information just that it's written with blinders - the authors even point out...more
Not saying there's no good information just that it's written with blinders - the authors even point out...more
Easy to understand book about the effects of globalization on the world's economy. Certain jobs are not able to go to China, while others are and have already gone there and why! The authors talk about currency imbalances and how those effect world trade. Interesting!
I learned a lot about globalization from this book. Reading The World is Flat should be an interesting companion book to it.
For Micro Economics...
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