Globaloney 2.0 The Crash of 2008 and the Future of Globalization [Hardcover]

Michael Veseth's entertaining book is written for a more general audience than standard academic texts and as such represents an attempt to engage the mythology and the rhetoric of globalisation on its own ground. Most interestingly, perhaps, Veseth chooses to take on some of globalisation's harshest critics, suggesting that they are as guilty of conjuring up myths to serve particular claims about the world as are their opponents in the pro-globalisation camp. Veseth's proseis eminently readable while being grounded with solid empirical findings. Globaloney should prove to be of great use in the classroom.This book is destined to please many readers.Using a term coined by Clare Boothe Luce in 1943 for Vice President Henry Wallace's foreign policy, Veseth critiques today's rhetoric of globalization. He uses case studies and economic concepts to help readers understand globalization's basis in finance and its many complications. Recommended particularly for academic libraries supporting programs in business and economics; libraries should consider purchasing Veseth's previous work as well. Both titles aim to have readers 'think out of the box' when it comes to the concept of globalization. With a valuable extensive bibliography.Engaging, illuminating, and thought-provoking.Veseth . . . succeeds in debunking conventional wisdoms, and his digressions on such subjects as the international wine trade and French snobbery are entertaining.In Globaloney, Michael Veseth achieves a rare combination: he conveys important economic arguments in a vivid and highly entertaining style. For anyone trying to assess the goods and bads of headlong progress toward a global economy, and trying to sort bogus fears from genuine reasons for concern, this book is a great place to start.A lively and informative textbook that brings to life the real meaning of globalization. The author is neither a cheerleader for nor a crusader against globalization. He simply seeks to explain this concept andl“5