The Lie Of Global Prosperity

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The Lie of Global Prosperity

Author : Seth Donnelly
Publisher : Monthly Review Press
ISBN 13 : 1583677658
Total Pages : 120 pages
Book Rating : 4.5/5 (836 download)

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Book Synopsis The Lie of Global Prosperity by : Seth Donnelly

Download or read book The Lie of Global Prosperity written by Seth Donnelly and published by Monthly Review Press. This book was released on 2019-08-27 with total page 120 pages. Available in PDF, EPUB and Kindle. Book excerpt: A deconstruction of the neoliberal placations about global capitalism, exposing the inequalities of global poverty “We’re making headway on global poverty,” trills Bill Gates. “Decline of Global Extreme Poverty Continues,” reports the World Bank. “How did the global poverty rate halve in 20 years?” inquires The Economist. Seth Donnelly answers: “It didn’t!” In fact, according to Donnelly, virtually nothing about these glad tidings proclaiming plummeting global poverty rates is true. It’s just that trend-setting neoliberal experts and institutions need us to believe that global capitalism, now unfettered in the wake of the Cold War and bolstered by Information Technology, has ushered in a new phase of international human prosperity. This short book deconstructs the assumption that global poverty has fallen dramatically, and lays bare the spurious methods of poverty measurement and data on which the dominant prosperity narrative depends. Here is carefully researched documentation that global poverty—and the inequalities and misery that flourish within it—remains massive, afflicting the majority of the world’s population. Donnelly goes further to analyze just how global poverty, rather than being reduced, is actually reproduced by the imperatives of capital accumulation on a global scale. Just as the global, environmental catastrophe cannot be resolved within capitalism, rooted as it is in contemporary mechanisms of exploitation and plunder, neither can human poverty be effectively eliminated by neoliberal “advances.”

The Lie of Global Prosperity

Author : Seth Donnelly
Publisher : NYU Press
ISBN 13 : 1583677674
Total Pages : 120 pages
Book Rating : 4.5/5 (836 download)

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Book Synopsis The Lie of Global Prosperity by : Seth Donnelly

Download or read book The Lie of Global Prosperity written by Seth Donnelly and published by NYU Press. This book was released on 2019-08-27 with total page 120 pages. Available in PDF, EPUB and Kindle. Book excerpt: A deconstruction of the neoliberal placations about global capitalism, exposing the inequalities of global poverty “We’re making headway on global poverty,” trills Bill Gates. “Decline of Global Extreme Poverty Continues,” reports the World Bank. “How did the global poverty rate halve in 20 years?” inquires The Economist. Seth Donnelly answers: “It didn’t!” In fact, according to Donnelly, virtually nothing about these glad tidings proclaiming plummeting global poverty rates is true. It’s just that trend-setting neoliberal experts and institutions need us to believe that global capitalism, now unfettered in the wake of the Cold War and bolstered by Information Technology, has ushered in a new phase of international human prosperity. This short book deconstructs the assumption that global poverty has fallen dramatically, and lays bare the spurious methods of poverty measurement and data on which the dominant prosperity narrative depends. Here is carefully researched documentation that global poverty—and the inequalities and misery that flourish within it—remains massive, afflicting the majority of the world’s population. Donnelly goes further to analyze just how global poverty, rather than being reduced, is actually reproduced by the imperatives of capital accumulation on a global scale. Just as the global, environmental catastrophe cannot be resolved within capitalism, rooted as it is in contemporary mechanisms of exploitation and plunder, neither can human poverty be effectively eliminated by neoliberal “advances.”

The Road to Global Prosperity

Author : Michael Mandelbaum
Publisher : Simon and Schuster
ISBN 13 : 1476750033
Total Pages : 293 pages
Book Rating : 4.4/5 (767 download)

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Book Synopsis The Road to Global Prosperity by : Michael Mandelbaum

Download or read book The Road to Global Prosperity written by Michael Mandelbaum and published by Simon and Schuster. This book was released on 2014-03-25 with total page 293 pages. Available in PDF, EPUB and Kindle. Book excerpt: In That Used to Be Us, the blockbuster Michael Mandelbaum wrote with Thomas L. Friedman, the authors analyzed the challenges America faces, including globalization, and described a path to recovering America’s greatness. In his widely and well reviewed The Road to Global Prosperity, Mandelbaum, one of America’s leading authorities on international affairs, looks at whether our optimism about the world’s economic future is justified in view of the financial meltdown of 2008, still being felt; Europe’s troubled currency; the slowing growth of China and other emerging nations. He concludes that while the global economy does face major challenges in the years ahead, there are compelling reasons to believe for optimism. Mandelbaum says that globalization is both irreversible and a positive force for the United States and the world. As technology and free markets expand and national leaders realize that their political power rests on delivering prosperity, countries will cooperate more. As more nations connect, their economies will grow. As immigration increases, as more money crosses borders, and as more countries emerge from poverty, individuals and societies around the world will benefit. The Road to Global Prosperity illuminates the crucial issues that will determine the economic future. Mandelbaum makes a persuasive case for optimism as well as offering a concrete, practical guide to the challenges and opportunities that lie ahead.

Why Nations Fail

Author : Daron Acemoglu
Publisher : Currency
ISBN 13 : 0307719227
Total Pages : 546 pages
Book Rating : 4.3/5 (77 download)

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Book Synopsis Why Nations Fail by : Daron Acemoglu

Download or read book Why Nations Fail written by Daron Acemoglu and published by Currency. This book was released on 2013-09-17 with total page 546 pages. Available in PDF, EPUB and Kindle. Book excerpt: Brilliant and engagingly written, Why Nations Fail answers the question that has stumped the experts for centuries: Why are some nations rich and others poor, divided by wealth and poverty, health and sickness, food and famine? Is it culture, the weather, geography? Perhaps ignorance of what the right policies are? Simply, no. None of these factors is either definitive or destiny. Otherwise, how to explain why Botswana has become one of the fastest growing countries in the world, while other African nations, such as Zimbabwe, the Congo, and Sierra Leone, are mired in poverty and violence? Daron Acemoglu and James Robinson conclusively show that it is man-made political and economic institutions that underlie economic success (or lack of it). Korea, to take just one of their fascinating examples, is a remarkably homogeneous nation, yet the people of North Korea are among the poorest on earth while their brothers and sisters in South Korea are among the richest. The south forged a society that created incentives, rewarded innovation, and allowed everyone to participate in economic opportunities. The economic success thus spurred was sustained because the government became accountable and responsive to citizens and the great mass of people. Sadly, the people of the north have endured decades of famine, political repression, and very different economic institutions—with no end in sight. The differences between the Koreas is due to the politics that created these completely different institutional trajectories. Based on fifteen years of original research Acemoglu and Robinson marshall extraordinary historical evidence from the Roman Empire, the Mayan city-states, medieval Venice, the Soviet Union, Latin America, England, Europe, the United States, and Africa to build a new theory of political economy with great relevance for the big questions of today, including: - China has built an authoritarian growth machine. Will it continue to grow at such high speed and overwhelm the West? - Are America’s best days behind it? Are we moving from a virtuous circle in which efforts by elites to aggrandize power are resisted to a vicious one that enriches and empowers a small minority? - What is the most effective way to help move billions of people from the rut of poverty to prosperity? More philanthropy from the wealthy nations of the West? Or learning the hard-won lessons of Acemoglu and Robinson’s breakthrough ideas on the interplay between inclusive political and economic institutions? Why Nations Fail will change the way you look at—and understand—the world.

The Wealthy World

Author : John C. Edmunds
Publisher : John Wiley & Sons
ISBN 13 : 0471436712
Total Pages : 289 pages
Book Rating : 4.4/5 (714 download)

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Book Synopsis The Wealthy World by : John C. Edmunds

Download or read book The Wealthy World written by John C. Edmunds and published by John Wiley & Sons. This book was released on 2001-06-01 with total page 289 pages. Available in PDF, EPUB and Kindle. Book excerpt: World wealth creation exceeded $2 trillion per month in 1999. The potential for world wealth might be as high as $500 trillion or $83,333 for each person on Earth. This rapid and increasing accumulation has the capacity to touch every aspect of economic development and exchange. The Wealthy World explains the reasons for this increase and its implications in a world whose financial systems are becoming increasingly unified. Written by an author with worldwide credentials, this fascinating book lays out a key component of the approaching world economy, including the impact of the global rise of technology and interconnectivity and the implications of these factors on global wealth.

The Coming Prosperity

Author : Philip E. Auerswald
Publisher : OUP USA
ISBN 13 : 0199795177
Total Pages : 281 pages
Book Rating : 4.1/5 (997 download)

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Book Synopsis The Coming Prosperity by : Philip E. Auerswald

Download or read book The Coming Prosperity written by Philip E. Auerswald and published by OUP USA. This book was released on 2012-04-02 with total page 281 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Coming Prosperity disarms the current narratives of fear and brings to light the vast new opportunities in the expanding global economy.

The Plundered Planet

Author : Paul Collier
Publisher : Oxford University Press
ISBN 13 : 0199752893
Total Pages : 289 pages
Book Rating : 4.1/5 (997 download)

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Book Synopsis The Plundered Planet by : Paul Collier

Download or read book The Plundered Planet written by Paul Collier and published by Oxford University Press. This book was released on 2010-05-11 with total page 289 pages. Available in PDF, EPUB and Kindle. Book excerpt: Paul Collier's The Bottom Billion was greeted as groundbreaking when it appeared in 2007, winning the Estoril Distinguished Book Prize, the Arthur Ross Book Award, and the Lionel Gelber Prize. Now, in The Plundered Planet, Collier builds upon his renowned work on developing countries and the world's poorest populations to confront the global mismanagement of natural resources. Proper stewardship of natural assets and liabilities is a matter of planetary urgency: natural resources have the potential either to transform the poorest countries or to tear them apart, while the carbon emissions and agricultural follies of the developed world could further impoverish them. The Plundered Planet charts a course between unchecked profiteering on the one hand and environmental romanticism on the other to offer realistic and sustainable solutions to dauntingly complex issues. Grounded in a belief in the power of informed citizens, Collier proposes a series of international standards that would help poor countries rich in natural assets better manage those resources, policy changes that would raise world food supply, and a clear-headed approach to climate change that acknowledges the benefits of industrialization while addressing the need for alternatives to carbon trading. Revealing how all of these forces interconnect, The Plundered Planet charts a way forward to avoid the mismanagement of the natural world that threatens our future.

Poverty and Shared Prosperity 2020

Author : World Bank
Publisher : World Bank Publications
ISBN 13 : 1464816034
Total Pages : 288 pages
Book Rating : 4.4/5 (648 download)

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Book Synopsis Poverty and Shared Prosperity 2020 by : World Bank

Download or read book Poverty and Shared Prosperity 2020 written by World Bank and published by World Bank Publications. This book was released on 2020-12-23 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: This edition of the biennial Poverty and Shared Prosperity report brings sobering news. The COVID-19 (coronavirus) pandemic and its associated economic crisis, compounded by the effects of armed conflict and climate change, are reversing hard-won gains in poverty reduction and shared prosperity. The fight to end poverty has suffered its worst setback in decades after more than 20 years of progress. The goal of ending extreme poverty by 2030, already at risk before the pandemic, is now beyond reach in the absence of swift, significant, and sustained action, and the objective of advancing shared prosperity—raising the incomes of the poorest 40 percent in each country—will be much more difficult. Poverty and Shared Prosperity 2020: Reversals of Fortune presents new estimates of COVID-19's impacts on global poverty and shared prosperity. Harnessing fresh data from frontline surveys and economic simulations, it shows that pandemic-related job losses and deprivation worldwide are hitting already poor and vulnerable people hard, while also shifting the profile of global poverty to include millions of 'new poor.' Original analysis included in the report shows that the new poor are more urban, better educated, and less likely to work in agriculture than those living in extreme poverty before COVID-19. It also gives new estimates of the impact of conflict and climate change, and how they overlap. These results are important for targeting policies to safeguard lives and livelihoods. It shows how some countries are acting to reverse the crisis, protect those most vulnerable, and promote a resilient recovery. These findings call for urgent action. If the global response fails the world's poorest and most vulnerable people now, the losses they have experienced to date will be minimal compared with what lies ahead. Success over the long term will require much more than stopping COVID-19. As efforts to curb the disease and its economic fallout intensify, the interrupted development agenda in low- and middle-income countries must be put back on track. Recovering from today's reversals of fortune requires tackling the economic crisis unleashed by COVID-19 with a commitment proportional to the crisis itself. In doing so, countries can also plant the seeds for dealing with the long-term development challenges of promoting inclusive growth, capital accumulation, and risk prevention—particularly the risks of conflict and climate change.

The United States and the World Economy: Foreign Economic Policy for the Next Decade

Author : C. Fred Bergsten
Publisher : Peterson Institute
ISBN 13 : 0881325317
Total Pages : 475 pages
Book Rating : 4.8/5 (813 download)

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Book Synopsis The United States and the World Economy: Foreign Economic Policy for the Next Decade by : C. Fred Bergsten

Download or read book The United States and the World Economy: Foreign Economic Policy for the Next Decade written by C. Fred Bergsten and published by Peterson Institute. This book was released on 2005 with total page 475 pages. Available in PDF, EPUB and Kindle. Book excerpt:

A Capitalism for the People

Author : Luigi Zingales
Publisher : Basic Books
ISBN 13 : 0465038700
Total Pages : 337 pages
Book Rating : 4.4/5 (65 download)

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Book Synopsis A Capitalism for the People by : Luigi Zingales

Download or read book A Capitalism for the People written by Luigi Zingales and published by Basic Books. This book was released on 2014-02-11 with total page 337 pages. Available in PDF, EPUB and Kindle. Book excerpt: Born in Italy, University of Chicago economist Luigi Zingales witnessed firsthand the consequences of high inflation and unemployment -- paired with rampant nepotism and cronyism -- on a country's economy. This experience profoundly shaped his professional interests, and in 1988 he arrived in the United States, armed with a political passion and the belief that economists should not merely interpret the world, but should change it for the better. In A Capitalism for the People, Zingales makes a forceful, philosophical, and at times personal argument that the roots of American capitalism are dying, and that the result is a drift toward the more corrupt systems found throughout Europe and much of the rest of the world. American capitalism, according to Zingales, grew in a unique incubator that provided it with a distinct flavor of competitiveness, a meritocratic nature that fostered trust in markets and a faith in mobility. Lately, however, that trust has been eroded by a betrayal of our pro-business elites, whose lobbying has come to dictate the market rather than be subject to it, and this betrayal has taken place with the complicity of our intellectual class. Because of this trend, much of the country is questioning -- often with great anger -- whether the system that has for so long buoyed their hopes has now betrayed them once and for all. What we are left with is either anti-market pitchfork populism or pro-business technocratic insularity. Neither of these options presents a way to preserve what the author calls "the lighthouse" of American capitalism. Zingales argues that the way forward is pro-market populism, a fostering of truly free and open competition for the good of the people -- not for the good of big business. Drawing on the historical record of American populism at the turn of the twentieth century, Zingales illustrates how our current circumstances aren't all that different. People in the middle and at the bottom are getting squeezed, while people at the top are only growing richer. The solutions now, as then, are reforms to economic policy that level the playing field. Reforms that may be anti-business (specifically anti-big business), but are squarely pro-market. The question is whether we can once again muster the courage to confront the powers that be.

The End of Poverty

Author : Jeffrey D. Sachs
Publisher : Penguin
ISBN 13 : 1101643285
Total Pages : 465 pages
Book Rating : 4.1/5 (16 download)

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Book Synopsis The End of Poverty by : Jeffrey D. Sachs

Download or read book The End of Poverty written by Jeffrey D. Sachs and published by Penguin. This book was released on 2006-02-28 with total page 465 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Book and man are brilliant, passionate, optimistic and impatient . . . Outstanding." —The Economist The landmark exploration of economic prosperity and how the world can escape from extreme poverty for the world's poorest citizens, from one of the world's most renowned economists Hailed by Time as one of the world's hundred most influential people, Jeffrey D. Sachs is renowned for his work around the globe advising economies in crisis. Now a classic of its genre, The End of Poverty distills more than thirty years of experience to offer a uniquely informed vision of the steps that can transform impoverished countries into prosperous ones. Marrying vivid storytelling with rigorous analysis, Sachs lays out a clear conceptual map of the world economy. Explaining his own work in Bolivia, Russia, India, China, and Africa, he offers an integrated set of solutions to the interwoven economic, political, environmental, and social problems that challenge the world's poorest countries. Ten years after its initial publication, The End of Poverty remains an indispensible and influential work. In this 10th anniversary edition, Sachs presents an extensive new foreword assessing the progress of the past decade, the work that remains to be done, and how each of us can help. He also looks ahead across the next fifteen years to 2030, the United Nations' target date for ending extreme poverty, offering new insights and recommendations.

Water Resilience for Human Prosperity

Author : Johan Rockström
Publisher : Cambridge University Press
ISBN 13 : 1107024196
Total Pages : 315 pages
Book Rating : 4.1/5 (7 download)

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Book Synopsis Water Resilience for Human Prosperity by : Johan Rockström

Download or read book Water Resilience for Human Prosperity written by Johan Rockström and published by Cambridge University Press. This book was released on 2014-03-27 with total page 315 pages. Available in PDF, EPUB and Kindle. Book excerpt: A new approach to water-resources for researchers, professionals and graduate students, focusing on global sustainability and socio-ecological resilience to change.

Poverty and Shared Prosperity 2016

Author : World Bank Group
Publisher : World Bank Publications
ISBN 13 : 1464809798
Total Pages : 336 pages
Book Rating : 4.4/5 (648 download)

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Book Synopsis Poverty and Shared Prosperity 2016 by : World Bank Group

Download or read book Poverty and Shared Prosperity 2016 written by World Bank Group and published by World Bank Publications. This book was released on 2016-10-12 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: Poverty and Shared Prosperity 2016 is the first of an annual flagship report that will inform a global audience comprising development practitioners, policy makers, researchers, advocates, and citizens in general with the latest and most accurate estimates on trends in global poverty and shared prosperity. This edition will also document trends in inequality and identify recent country experiences that have been successful in reducing inequalities, provide key lessons from those experiences, and synthesize the rigorous evidence on public policies that can shift inequality in a way that bolsters poverty reduction and shared prosperity in a sustainable manner. Specifically, the report will address the following questions: • What is the latest evidence on the levels and evolution of extreme poverty and shared prosperity? • Which countries and regions have been more successful in terms of progress toward the twin goals and which are lagging behind? • What does the global context of lower economic growth mean for achieving the twin goals? • How can inequality reduction contribute to achieving the twin goals? • What does the evidence show concerning global and between- and within-country inequality trends? • Which interventions and countries have used the most innovative approaches to achieving the twin goals through reductions in inequality? The report will make four main contributions. First, it will present the most recent numbers on poverty, shared prosperity, and inequality. Second, it will stress the importance of inequality reduction in ending poverty and boosting shared prosperity by 2030 in a context of weaker growth. Third, it will highlight the diversity of within-country inequality reduction experiences and will synthesize experiences of successful countries and policies, addressing the roots of inequality without compromising economic growth. In doing so, the report will shatter some myths and sharpen our knowledge of what works in reducing inequalities. Finally, it will also advocate for the need to expand and improve data collection—for example, data availability, comparability, and quality—and rigorous evidence on inequality impacts in order to deliver high-quality poverty and shared prosperity monitoring.

The Dialectics of Global Justice

Author : Bryant William Sculos
Publisher : State University of New York Press
ISBN 13 : 1438489420
Total Pages : 360 pages
Book Rating : 4.4/5 (384 download)

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Book Synopsis The Dialectics of Global Justice by : Bryant William Sculos

Download or read book The Dialectics of Global Justice written by Bryant William Sculos and published by State University of New York Press. This book was released on 2022-07-01 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Dialectics of Global Justice uses a novel application of negative dialectical interpretation to offer an immanent and ethical critique of prominent theories of global justice (i.e., cosmopolitanism), including how these theories manifest in political movements and policy agendas. Drawing on the work of Theodor Adorno and Erich Fromm especially, author Bryant William Sculos exposes the contradictory relationship between cosmopolitanism and core elements of capitalism, particularly the domineering "capitalistic mentality" (re)produced by and through capitalism, leading to the conclusion that cosmopolitanism, on its own terms, demands an alternative, postcapitalistic political basis in order to make robust progress toward global justice. While offering this critique, Sculos also implicitly challenges the increasingly common view that cosmopolitanism today is inherently imperialistic and out of touch with the global resurgence of nationalism and anti-cosmopolitan sentiment.

The Oxford Handbook of Economic Imperialism

Author : Zak Cope
Publisher : Oxford University Press
ISBN 13 : 0197527086
Total Pages : 697 pages
Book Rating : 4.1/5 (975 download)

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Book Synopsis The Oxford Handbook of Economic Imperialism by : Zak Cope

Download or read book The Oxford Handbook of Economic Imperialism written by Zak Cope and published by Oxford University Press. This book was released on 2022 with total page 697 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The Oxford Handbook of Economic Imperialism examines unequal commercial, trade, and investment gains at the international level and explores how countries and nations can have exploitative relations. The book contains thirty-four chapters written by academics and experts in the field of international political economy. The chapters in the Handbook look at the history of economic imperialism from the early modern age to the present. They demonstrate the persistence of economic imperialism in today's postcolonial world and the enduring control wielded by great powers even after the end of formal empire. The book reveals how emerging powers are expanding economic control in new geographic and geopolitical contexts. The Handbook highlights the significance of economic imperialism in the structures, relations, processes, and ideas that help sustain poverty and conflict worldwide"--

Why States Matter in Economic Development

Author : Jawied Nawabi
Publisher : Taylor & Francis
ISBN 13 : 1040016677
Total Pages : 226 pages
Book Rating : 4.0/5 (4 download)

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Book Synopsis Why States Matter in Economic Development by : Jawied Nawabi

Download or read book Why States Matter in Economic Development written by Jawied Nawabi and published by Taylor & Francis. This book was released on 2024-04-29 with total page 226 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the underlying conditions that give rise to states that are effective, efficient, and bureaucratically inclusive with their developmental policies. In spite of humanity’s significant advancements in science, technology and institutionalization of universal human rights conventions in the last seven decades, many countries are still failing to achieve successful development results. As a result, enormous levels of inequality, poverty, and malnutrition prevail. This book focuses on the role of the state in the political economy of development, tracing the socio-economic origins of effective state institutions from a comparative historical-institutional perspective. Drawing on the case studies of South Korea, Brazil, India, Spain, France, and England, the study looks at how good state institutions form, and why these are central to the socioeconomic advancement of their populations. The book contends that effective developmental states are those in which state actors are able to effectively diminish and co-opt the power of the country’s landed elites during the early years of state building. Effectively, the power balance between these two classes determines the developmental trajectory of the state. Considering agrarian reform as the foremost indispensable policy tool to open conditions for positive changes in effective taxation, education, healthcare, and strategic sustainable industrial policies, this analysis offers a significant contribution to the literature on the sociology of institutions and the political economy of development. As well as being a key reading for advanced students and researchers in these areas, this book draws real-life policy lessons for practitioners and policy makers in the developing world.

The Anatomy of Neoliberalism and Education

Author : Maria Nikolakaki
Publisher : IAP
ISBN 13 : 1648025838
Total Pages : 401 pages
Book Rating : 4.6/5 (48 download)

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Book Synopsis The Anatomy of Neoliberalism and Education by : Maria Nikolakaki

Download or read book The Anatomy of Neoliberalism and Education written by Maria Nikolakaki and published by IAP. This book was released on 2022-01-01 with total page 401 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is about the Anatomy of Neoliberalism and Education from a Marxist perspective. It is the dialectical materialism of neoliberal ideas, examining the material conditions of how these ideas and practices emerged, and under what conditions. Each of these elements is related to the other and can only be properly understood as part and parcel of the whole system of capitalism, which links them together. This book investigates neoliberalism's political, cultural, and financial tools. It goes deep in the forces who have supported neoliberalism and how it became "common sense". It explores the imperialist outcomes and the social devastation it created. It then goes to see how these ideas and policies have been implemented in education. In short, it is the materialist conception of the history of the American empire. It then uses the analytic tools developed through this investigation to re-read the neoliberal educational reforms.