From Seattle to Genoa to Johannesburg, people march in the streets protesting global capitalism. They denounce Nike and McDonald's, the World Bank and the World Trade Organization. Who would defend global capitalism?
A young writer from Sweden, who started on the anarchist left and then came to understand the world better. Johan Norberg has traveled to Vietnam, Africa, and other hot spots in the battle over globalization. He has become a passionate defender of the globalization that is lifting poor countries out of poverty. In Defense of Global Capitalism is the first book to rebut, systematically and thoroughly, the claims of the anti-globalization movement. With facts, statistics, and graphs, Norberg shows why capitalism is in the process of creating a better world. The book is written in a conversational style with an emphasis on liberal values and the opportunities and freedom that globalization brings to the world's poor.
In Defense of Global Capitalism shows that the diffusion of capitalism in the past few decades has lowered poverty rates and created opportunities for individuals all over the world. Living standards and life expectancy have risen substantially. There is more food, more education, and more democratization, less inequality and less oppression of women. Norberg takes on the tough issues-economic growth, freedom vs. equality, free trade and fair trade, international debt, child labor, cultural imperialism-and concludes that free-market capitalism is the best route out of global poverty.
