Taming Globalization

Book excerpt: In this volume some of the world's leading analysts of globalization discuss the economic, political and ethical implications of global economic integration. They assess the benefits and the costs of globalization and suggest strategies for reconciling it with the interests and aspirations of the people in all regions of the world. The contributors understand globalization not as a uniform process that should be praised or condemned in its entirety, but as a complex phenomenon that can and must be shaped and steered towards socially desirable goals. They reject the idea that the results of market processes are inexorable or invariably beneficial. On the contrary, they call for a robust global governance that is attentive to normative commitments - the common good, social justice, and democratic accountability - and does not reflect the overwhelming power of a handful of governments and corporate interests. Taming Globalization offers a fresh look at a much-debated topic, and sets out new ideas for curtailing and overcoming the negative aspects of global economic change. Contributors include Robert E. Goodin, David Held, Robert O. Keohane, John Gerard Ruggie, Joseph E. Stiglitz, and Robert Hunter Wade