Most supporters and opponents of globalization accept as true certain key ideas that govern the terms of the debate. Globalization, they contend, is the single dominant force shaping the world's economies both today and into the future; an irresistible and growing part of economic reality. They see the fates of business, labor, and entire nations all determined by their ability to adapt to its dictates.

These and other similar notions have become so completely accepted that they are now embraced as the conventional wisdom. In this book, the authors argue that these ideas are either largely false, or at best highly exaggerated.

The book presents a very different position, based on a serious look at the history of globalization and a reader-friendly presentation of the economic data that dramatically refute the accepted truths advanced by so many of its commentators.

Central arguments include: globalization is not a new phenomenon, but has grown and diminished throughout modern history; dealing with globalization requires local and specific rather than generic and global responses; and that as services come to dominate national economies, globalization will wane in importance.

Public Domain (P)2008 Brilliance Audio, Inc.

Listening Length

5 hours and 12 minutes
Author

Bruce C. Greenwald, see all
Narrator

Michael Page
Audible release date

Nov. 17 2008
Language

English
Publisher

Brilliance Audio
ASIN

B0722TPMTD
Version

Unabridged
Program Type

Audiobook
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Product details

Listening Length	5 hours and 12 minutes
Author	Bruce C. Greenwald, Judd Kahn
Narrator	Michael Page
Audible.ca Release Date	November 17 2008
Publisher	Brilliance Audio
Program Type	Audiobook
Version	Unabridged
Language	English
ASIN	B0722TPMTD

Customer reviews

4.6 out of 5

9 global ratings

5 star		60%
4 star		40%
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Top review from Canada

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must have

Reviewed in Canada 🇨🇦 on December 19, 2010

Very well written. Easy to understand with great example. Must have for any serious finance person or for those who want to have another look to the whole globalization story the media serve us.

Helpful

Top reviews from other countries

Geo Laird

Greenwald bucks the herd

Reviewed in the United States 🇺🇸 on September 20, 2011

Verified Purchase

Professor Greenwald is know for his value investing focus at Columbia, in the tradition of Buffett and Columbia profs who really pioneered the concept. As usual, Bruce goes against the herd mentality to realistically discuss globalization. He doesn't argue that the loss of manufacturing jobs has been good for America but instead essentially says that globalization is often misunderstood and mischaracterized. This book has already been vindicated with the realities that some companies are bringing back certain jobs to the USA and China is experiencing significant wage inflation, hurting their competitiveness.

You don't have to agree with everything, but it works because it challenges our tendency to think conventionally.

Sam R.

Essential Reading

Reviewed in the United States 🇺🇸 on January 18, 2009

Verified Purchase

In Globalization n: Greenwald and Kahn argue that we have not nearly so much to fear from globalization as we have been encouraged to believe. This, of course, is no small thing. References to globalization have become such a ubiquitous presence in our lives that these references meaningfully shape the context in which we attempt to respond to the world around us. Globalization is given both constant credit and relentless blame for much of what transpires in our economy in general and our manufacturing base in particular. The authors do not argue that there is not both glorious success and tragic failure associated with the vicissitudes of an ever changing economy; what they do argue is that if we hope to respond wisely to those changes, we had better make sure we understand them correctly - a highly unlikely outcome for those unable or unwilling to come to grips with the "hiding in plain site" arguments so skillfully unveiled in Globalization n:. Though there might not be universal agreement on every aspect of every one of these arguments, there is likely to be general consensus that, going forward, no conversation about globalization will be considered to be a serious conversation unless it grapples, and grapples well, with the ideas of Messrs. Greenwald and Kahn.

One person found this helpful

Robert Shimkoski

Local trumps global

Reviewed in the United States 🇺🇸 on September 15, 2013

Verified Purchase

The book argues that the effects of globalization are exaggerated and that local trumps global. Even foreign manufactured products have to be marketed and distributed locally. Thus, service industries will offset the loss of manufacturing jobs in the US. However, we need a new reserve currency to replace the US dollar in order to reduce the US trade deficit which he says is driven by the use of the US dollar as a reserve currency by other nations. He suggests that the I'M F issue the new currency.

Karoy Domok

Great book

Reviewed in the United States 🇺🇸 on July 31, 2022

Verified Purchase

Was reading some chapters from this book for my economy class but I really enjoyed it. Well written and keeps the readers hooked.

nasser kholoussi

Four Stars

Reviewed in the United States 🇺🇸 on July 30, 2017

Verified Purchase

You can't ignore it if you are interested in international economic careful appraisal

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globalization: n. the irrational fear that someone in China will take your job Audible Audiobook – Unabridged

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