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Globalization Gap, The: How the Rich Get Richer and the Poor Get Left Further Behind (paperback)
- By Robert A. Isaak
- Published Jul 16, 2004 by FT Press.
Book
- Sorry, this book is no longer in print.
About
Features
Description
- Copyright 2005
- Dimensions: 6" x 9"
- Pages: 304
- Edition: 1st
- Book
- ISBN-10: 0-7686-8228-2
- ISBN-13: 978-0-7686-8228-1
Globalization is inevitable and inexorable -- but it's also magnifying the chasmbetween rich and poor. At home and abroad, new extremes of wealth anddeprivation are increasingly threatening the stability of the entire global system.The Globalization Gap reveals how globalization is spreading poverty, disease,and the disintegration of traditional cultures. A few "winners" are using theirwealth to buffer themselves against these radical transformations, writes Dr.Robert Isaak. But, in most places, the new wealth generated by globalization isnot trickling down. The result? More misery -- and political upheavals that willendanger us all. It doesn't have to be this way, says Isaak: we can gain thepromised benefits of globalization -- without the withering unfairness. Isaakpresents a realistic blueprint for sharing opportunity and creating sustainableinnovation everywhere, not just amongst the wealthy. Isaak shows how a newglobalization can give the poor a powerful stake, both here and abroad. In sodoing, he takes on the most crucial challenge of the 21st century: makingglobalization work for everyone. Isaak's ideas can lead towards a more stable,peaceful world, in which we can all build our futures -- rich and poor alike.
Sample Content
Table of Contents
About the Author.
Preface.
Introduction.
1. The Revolt of the Rich.
2. Time versus Opportunity.
False Promises of Development
I. THE RICH: WHO THEY ARE AND HOW THEY WORK AND WHY THEY SPEED THINGS UP.
3. Who the Rich Are and How They Live.
Big, First, and Well Positioned.
Bigger Houses with Fewer People in Them.
Education Equals Savings and Investment.
The Truly Rich Are Really Thrifty.
Harried Leisure and Time Deprivation.
4. Pyramids of Opportunity.
A Sea Change: Getting Rich on the Job.
5. Corporate Wealth and Hedging.
6. The Global Speed Trap: Diversifying to Ward off Losses and Old Age.
How the Global Economy Is Speeding Up.
Attention Deficit Disorder: Metaphor for Cultural Disintegration?
The Graying of the Rich: From Baby Boom to Bust.
II. THE POOR: WHO THEY ARE, HOW THEY LIVE, AND WHY THEY ARE DEPENDENT.
7. Why the Poor Are Where They Are.
Income Inequality.
Is the World's Middle Class Disappearing?
Asset Inequalities.
Democratic Deficits versus Too Much Democracy.
8. A Passage Through India.
Emerging Modernity.
Reinforcing Poverty through Religion and Cultural Traditions.
"Indian Time," Caste, and Aesthetic Design Confront Globalization.
High-Tech Bangalore and the Time Warp.
9. Poverty Traps.
The Institutional Trap.
The Trade Trap.
The Educational Trap, the Gender Gap, and the Digital Divide.
The Debt Trap.
Cultural Traps and Governability.
Property Laws, Legal Traps, Limited Markets.
III. THE RULES.
10. Origins of the Rules of Globalization.
Protecting Comparative Advantage: Making the Most of What You've Got.
The "Fixing" of Exchange Rates.
Oil Cartels and Petro-Dollars.
Democratizing Investment Banking.
Trade Rules.
From Scarcity to Ubiquity: Digitization and the Falling Cost of Information.
11. How the Rules Rule the Poor.
How to Increase Poverty with Trade.
How Free Capital Flows Can Create the Poor.
The Competitiveness Mantra: Consolidate, Raise Productivity, Downsize, Outsource.
IV. CRISIS AND SOLUTIONS.
12. Global Crises We Will All Face.
Too Many People in the Wrong Places.
The Spread of Plagues and Epidemic Diseases.
The Rapid Global Sp