07/09/2020

I am reading Globalization and Its Discontents (damn Americanisation’s), the updated version with the advent of Donald Trump, written by Joseph E. Stiglitz. In it he describes how globalisation has seemingly failed the world, producing discontents with the system. In the 2002 edition, it was mostly the developing world that suffered, but more recently developed countries have increasingly opposed globalisation. Stiglitz argued this is due to gross mismanagement, but as he admits later, even well managed globalisation results in “losers” in the system.

Continue reading “Globalisation Conveniently Works When People Lose” →