Baker & Taylor Illustrates the harmful effects of globalization on politics, society, and the environment, profiling the "transnational corporation" and warning readers that once-beneficial companies have become dangerously powerful.
Book News While protestors at the WTO meetings in Seattle and at similar meetings of the global financial institutions have been derided as ill-informed troublemakers by the majority of the press, Korten (former advisor to the Ford Foundation and U.S. Agency for International Development) argues that their concerns about increasingly centralized corporate power are essentially right. He outlines the evolution of corporate power over the economy and governance worldwide, while acknowledging the severe depredations it causes to millions around the world. After looking at many facets of the problem in financial systems, flawed economic analyses, declining democratic institutions, and other aspects of growing corporate power, he offers some solutions. He grounds his alternative in a theory he calls the "Ecological Revolution" that would attempt to localize economies, while globalizing cooperation among communities. Annotation c. Book News, Inc., Portland, OR (booknews.com)
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""It is absolutely essential to be exposed to David C. Kortens work. . .on corporations and viable alternatives to corporate hegemony."" --Educate! Volume 2, Issue 3 *An international best-seller *Endorsed by Archbishop Desmond Tutu and World Economic Forum Founder Klaus Schwab This second edition updates the reader on the deepening human crisis of the global economy. The gap between rich and poor continues to grow, and people continue to exploit the planet. Korten writes of the new global citizens' movement of activism in response to corporate globalization, and of civil society groups' efforts to restructure global economic governance. He transitions from a critical analysis of the new world order to an optimistic focus on the role of spirit and culture in a "civil-ized" society.
As last year's World Trade Organization protests in Seattle indicate, author Korten is not alone in his concern about the harmful effects of globalization on politics, society, and the environment. He examines how economic globalization has resulted in the emergence of a new organizational form--the transnational corporation.