Globalization and its discontents
by Joseph E. Stiglitz · first published 2002
8mentions
3recommended by
8HN commenters
2018–2026first – last mentioned
38% recommend63% neutral
Affiliate links. As an Amazon Associate I earn from qualifying purchases.
…been exploited. This is not a hugely controversial statement. If you'd really like to understand the power dynamics, you'll need to do some reading. Former World Bank chief economist Joseph Stiglitz's "Globalization and its Discontents" is a good start, though a little dated now. See you on the picket lines, comrade!
on “US Announces Withdraw From Postal Treaty” ↗> See Confessions of an Economic Hitman by John Perkins Or, for a far less conspiratorial take on the same phenomenon, read "Globalization and its Discontents" by Nobel Laureate Joseph Stiglitz. In it you'll learn how institutions like the IMF treated open markets and no currency flow restrictions as a religion regardless of whether they made sense for the…
on “Apple Hides Taiwan Flag in Hong Kong” ↗Joseph Stiglitz has written some interesting books on corporate behaviour in developing countries, such as "Globalization and its Discontents". The argument is, is that poorer countries, especially those with natural resources, would do better nurturing their own corporations, rather than creating policies to attract foreign corporations.…
on “Global minimum corporate tax: 130 nations to support U.S. proposal” ↗> I’ve never heard of the IMF demanding this Not to be rude, but that can only mean you've not been paying attention. Stiglitz wrote an entire book on the subject, "Globalization and its discontents": https://www.theguardian.com/business/2002/jul/06/globalisati... The IMF were notorious for providing the same advice to different countries with only the name changed (and in one anecdote of his, forgetting…
on “Taking Stock of the World’s Debt” ↗…been very effective in reducing poverty and improving infrastructure in Africa. I'm sure Joe Stiglitz, a Nobel prize winner in Economics, would disagree. In fact, he clearly articulated why in his book: Globalization and Its Discontents. "[It] is a book published in 2002 by the 2001 Nobel laureate Joseph E. Stiglitz. The book draws on Stiglitz's personal experience as chairman of the Council of Economic Advisers under Bill Clinton from…
on “Chinese may take over Mombasa port: Ouko” ↗…is not a clear trend that it's necessarily a change for the better of the country and it's citizens. To me it seems like a continuation of the IMF's dollarization as described by Joseph Stiglitz in 'Globalization and its discontents', in terms of mechanisms and effects on recipient countries. From this perspective it's less like transferring power from kleptocrats to the people, and more like choosing kleptocrats that are offering…
on “PayPal to support Ethereum and Bitcoin” ↗No it wasn't. Look at Joseph Stiglitz (Globalization and Its Discontents) and Ha-Joon Chang (Bad Samaritans, Kicking Away the Ladder) for counter-examples.
on “Mathematical methods and human thought in the age of AI” ↗…oligarchs and various lords, who then emigrated to the French Riviera with women who became widows there, empoverishing the Russian land even further, as shows by the economist Joseph Stieglitz in his book Globalization and its Discontents?
on “Spotify will reduce total headcount by 17% across the company” ↗