One World Mania

A Critical Guide to Free Trade, Financialization and Over-Globalization

By: Graham Dunkley

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eBook | 15 October 2016 | Edition Number 1

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360 Pages

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In this much-needed book, Graham Dunkley challenges the oft-repeated notion that free trade and global integration are the best means of development for all nations at all times - an idea that has proved even more misguided in the wake of the global financial crisis. By contrast, Dunkley reveals - through a wide range of statistical analysis and case studies - that at best the evidence is mixed. Looking systematically at issues such as trade-led growth, supply chains and financialization, One World Mania reveals the many problems that over-globalization has caused, often at great human cost.

An indispensible guide for anyone wishing to understand the shortcomings of current global economic policies.

Industry Reviews

'A scholarly debunking of the vastly overrated benefits of free trade and globalization. Dunkley shows that mainstream economic theory has sold the world yet another dud.'
Steve Keen, author of Debunking Economics

'Provides a beautifully written, evidence-based argument that the economic benefits of globalization have been exaggerated.'
Robert H. Wade, London School of Economics

'Capitalist globalisation needs a supporting ideology ... Challenging that ideology by scrutinising the actual effects of globalisation is fundamentally important. Graham Dunkley's contribution is the latest in a long line of books seeking to do so, and it is one of the very best. ... This is a powerful critique of capitalist globalisation, its ideology of free trade and "globalisation pacts".'
Frank Stilwell, Australian Political Economy