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Books > Reference & Interdisciplinary > Interdisciplinary studies > Globalization
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Globalisation for the Common Good (Paperback)
Loot Price: R417
Discovery Miles 4 170
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Globalisation for the Common Good (Paperback)
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Loot Price R417
Discovery Miles 4 170
Expected to ship within 12 - 19 working days
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Today, despite many significant achievements in science,
technology, medicine, transportation and communications, and a vast
increase in world trade, the globalized world economy is facing
serious socio-economic, political, cultural and environmental
problems, of potentially catastrophic proportions. Although many
attempts have been made by international organizations like the
World Bank and IMF to raise living standards, the dire poverty of
billions of people and the widening gap between rich and poor, both
within and between countries, point to the failure of these
policies. Consequently, we face global crises of inequality,
injustice, poverty, marginalization, exclusion and environmental
degradation. There has also been a huge rise in crime, corruption
and now terrorism. Economic and political failures have resulted in
mass migrations across national borders, causing further problems
of xenophobia, fear, mistrust, racism and intolerance, which are
threatening the fabric of societies all over the world. So, what
has gone wrong? Dr Mofid, who has taught economics at university
for over 20 years, argues that the root of the problem lies in the
way economics is taught, with its narrow focus on "self-interest"
and "competition" as the sole motivating factors in economic
activity. This ignores equally important considerations like
compassion, co-operation and the common good, which are essential
for a prosperous and harmonious society. Globalization today is
regarded by many as a means of securing for richer individuals,
corporations and nations an ever larger slice of the wealth
produced, polluting the environment in their greedy pursuit of
more, and locking billions into hopeless poverty. In "Globalisation
for the Common Good", the author argues that it is possible to
achieve a balance between economically efficient production and an
equitable distribution of the wealth in a sustainable environment,
so that everybody who is willing to work can share in the benefits
of globalization. He puts forward an alternative economic model
which has firm theological, spiritual and ethical foundations.
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