Globalization and Inequality : Neoliberalism's Downward Spiral
Has the far-reaching experiment in creating a new world order along neoliberal lines succeeded? John Rapley answers with an emphatic no, contending that the rosy picture painted by neoliberal proponents of globalization was based on false assumptions. True, Rapley acknowledges, neoliberal reforms often did generate economic growth - but at a price. The resulting increase in inequality led to political instability and spawned tendencies ranging from right-wing populism to renewed ethnic and Islamic militancy. Rapley offers a range of cases to illustrate how neoliberal globalization has helped to destroy regimes in the developing world by profoundly altering patterns of income distribution and resource allocation. The political tensions unleashed by these regime crises, he argues, are now being manifested around the globe, with the negative consequences still to be fully realized.
- Paperback | 193 pages
- 152.4 x 228.6 x 12.7mm | 272.16g
- 31 Mar 2004
- Lynne Rienner Publishers Inc
- Boulder, CO, United States
Table of contents
Inequality and Instability. The Material Formation of Regimes. Regime and Culture. Neoliberal Globalization and the Crisis of the State. Manifestations of the Crisis. The Crisis Comes Home. Epilogue. Appendix: Neoliberalism and Corporate Globalization.
"An outstanding and provocative work. Rapley makes an original and convincing argument, supports it with evidence from an impressively diverse literature... and writes beautifully." - Edward S. Greenberg; "This is an exciting, thoughtful, and extremely well written book.... Rapley's penetrating analysis of the multiple global forces producing both marginalization and resistance is a must read." - Randolph B. Persaud"