One World, Ready or Not: The Manic Logic of Global Capitalism.
Greider was the first to sound the alarms this year about "the problem of oversupply"--companies producing more goods than people can buy. His warnings about overcapacity and deflation have since become a common topic of conversation in Business Week, The Wall Street Journal, and U.S. News & World Report.
Greider talks of cataclysms ahead (there are a lot of "abysses" in this book), and he offers some suggestions on how to avoid them. These include imposing controls on capital, defending labor rights, and "bringing the bottom up"--with something like a Marshall Plan for the Third World.
If you're looking for a cheery book, this is not it. The world, he predicts, will "probably experience a series of terrible events--wrenching calamities that are economic or social or environmental in nature--before common sense can prevail. It would be pleasing to believe otherwise, but the global system so dominates and intimidates present thinking that I expect societies will be taught still more painful lessons before they find the will to act."
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|Article Type:||Book Review|
|Date:||Jan 1, 1998|
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