World on Fire

World on Fire

How Exporting Free Market Democracy Breeds Ethnic Hatred and Global Instability

eBook - 2004
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For over a decade now, the reigning consensus has held that the combination of free markets and democracy would transform the third world and sweep away the ethnic hatred and religious zealotry associated with underdevelopment. In this astute, original, and surprising investigation of the true impact of globalization, Yale Law School professor Amy Chua explains why many developing countries are in fact consumed by ethnic violence after adopting free market democracy.Chua shows how in non-Western countries around the globe, free markets have concentrated starkly disproportionate wealth in the hands of a resented ethnic minority. These "market-dominant minorities" -- Chinese in Southeast Asia, Croatians in the former Yugoslavia, whites in Latin America and South Africa, Indians in East Africa, Lebanese in West Africa, Jews in post-communist Russia -- become objects of violent hatred. At the same time, democracy empowers the impoverished majority, unleashing ethnic..
Publisher: New York : Anchor, 2004
ISBN: 9781400076376
Branch Call Number: EBOOK
Notes: Title from eBook information screen

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StarGladiator
May 10, 2013

An excellent book. My only major quibble is the use of the term, "free market" - - as everyone should know by 2013 (even Matt Taibbi [Rolling Stone] has finally come to this conclusion) is that when all the markets are rigged, there is no such thing as a "free market." Ms. Chua still writes a superlative book. [During the time Bill Clinton was president and globalization really took off - - NAFTA, GATT, WTO, WTO Finanacial Services Agreement with the Fifth Protocol - - inequality in America greatly increased, which was really no surprise.]

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dl1012
Mar 27, 2012

dl1012 thinks this title is suitable for 15 years and over

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