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A ramshackle polemic.(Book Review)
Joseph E. Stiglitz Globalization and its Discontents Norton, 282 pages, $24.95
Waves of globalization--of increased interaction between formerly separate societies and economies--have occurred since the dawn of civilization. These waves have typically been sponsored by a dominant power, and they have benefited from the certainty of law and the reliability of property fights associated with that power. Until the European discoveries of the fifteenth and sixteenth centuries, the power may have been dominant only in a region of the world, as the Roman empire was in the Mediterranean, the Han empire in China, and Ashoka's empire in India. The regional empires were ...
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