Series: An Earth Island Press Book
Paperback: 240 pages
Publisher: North Atlantic Books (September 22, 1993)
Language: English
ISBN-10: 1556431694
ISBN-13: 978-1556431692
Product Dimensions: 5.5 x 0.6 x 8.5 inches
Shipping Weight: 12 ounces
Average Customer Review: 4.7 out of 5 stars See all reviews (6 customer reviews)
Best Sellers Rank: #655,401 in Books (See Top 100 in Books) #60 in Books > Politics & Social Sciences > Politics & Government > International & World Politics > Treaties #91 in Books > Politics & Social Sciences > Politics & Government > International & World Politics > Canadian #1003 in Books > Business & Money > International > Economics
The proponents of free trade have had at their disposal a convincing and, often times, quite believable theory to describe the way that the world functions. As a liberal, I have frequently wanted to reject all the theoretical underpinnings of free trade. I've spent many hours trying to fill their theory with holes. At the same time, as an economics major and free thinker, it's just not been tenable for me to disregard modern economic theory. There are no alternatives that could take the theory's place in effectiveness, or in accuracy. In sum, I picked up this book at a time when what I wanted to believe did not gel with what I was compelled to believe, academically. This book does not explicitly offer a "third way" that could substitute for capitalism or socialism. And as might be expected, the authors make a big deal out of the bad things that come with economic liberalism. The "Race to The Bottom" is mentioned quite often. In this sense, there's not much new here. Read Soros, Stiglitz, Greider, or even Wallerstien - you'll find a lot of the same thing. What is unique about this book, and why I am giving it five stars, is that the book added a new dimension to the context of my discontent with the current "system." More exactly: the alternative theory that could come out of this book pales to liberalism; much of the liberal thought about economics has to do with values, and it not often as compelling as the official theory; and while this book emphasizes values to a great deal (state sovereignty, for example) it tends to emphasize values that are much more axiomatic.
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