George Soros on Globalization

Author: George Soros
List Price: $20.00
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ISBN: 1586481258
Publisher: PublicAffairs (05 March, 2002)
Sales Rank: 20,695
Average Customer Rating: 3.8 out of 5

Customer Reviews

Rating: 4 out of 5
JEFFERSONIAN APPROACH TO GLOBALIZATION
When it comes to a critical analysis of the genesis and sins of corporate globalization, I am partial to Thom Hartmann's recently published book titled, UNEQUAL PROTECTION. Like Hartmann, Soros contends that multinational corporations require firm guidelines and democratic regulation lest they evolve into repressive global regimes that subvert democratic nations.

The term globalization applied to international big business has been paraded as a new nom du jour, as Soros seems to do. ... However, Soros tends to present more arbitrary pronouncements and polemics, often without proper background or analysis. This tends to detract from an otherwise worthy treatise.

Because I am partial to George Soros' business ethics and his Jeffersonian orientation when it comes to corporate business and open societies, I had hoped that he would have been able to make a more compelling case based on sound evidence and irrefutable analysis. Nevertheless, the unself-consciously titled GEORGE SOROS ON GLOBALIZATION was written by a man with first hand experience whose sentimentsa and actions are humanistic and humanitarian. Thus he prefers to have a world in which miltinational corporations can do well by doing good. The book is a good starting point for a debate on the issues raised by Soros.


Rating: 5 out of 5
Advanced Serious Thinking, But Still Elitist


This is an easy to read common sense book that absorbs and addresses some of the criticisms of the World Trade Organization, speaks to the weakness of the International Labor Organization, and proposes the equivalent of a global Marshall Plan, but as a multi-national initiative. It is essential reading at a time when too many politicians do not yet make the connection between terrorism and what George Soros has called "the other axis of evil: poverty, disease, & ignorance."

At a time when the Federal Bureau of Investigation (FBI) is treating anti-globalization activists as just one step under terrorists (in one recent case denying a Canadian activist entry to the U.S. to honor an invitation to speak at a U.S. university), George Soros' is easily the most responsible and the wealthiest voice cautioning all of us that the combined forces of globalization (which reduces citizen sovereignty) and consumerism (which reduces citizen prosperity) could be the death knell of capitalism.

I am reminded of how the U.S. Secret Service ran amok against so-called "hackers" (the best of them trained at MIT and now multi-millionaires) because it did not understand that hackers are like astronauts, pushing the edge of the envelope, and it did not understand that it was the U.S. communications and computing industry that was criminally negligent in offering the consumer and the government a national information infrastructure that was incredibly fragile and full of security holes. It was industry that failed to exercise due-diligence, and it was hackers that exposes these flaws well in advance of the Y2K panic. The anti-globalization activists, Lori Wallach among them (and she has clearly influenced Soros in this book) are the 21st Century hackers for world peace and prosperity.

Globalization and consumerism threaten billions of Arabs, Chinese, Indians, Muslims, and Russians around the world--and thus they threaten us as well. Although many brilliant minds foresaw these challenges in the 1970's, among them those speaking to the limits to growth, sustainable growth, and the need for new forms of world governance, it is only after 9-11 that the world appears ready to listen to George Soros and others who understand that we cannot continue to emphasize short term corporate profit over long term citizen survival.

His proposals for Special Drawing Rights are helpful, and merit adoption. It is with a little concern, however, that I see his concession to "elite" management of these remedial resources. I lean toward the view that the people are now both informed and connected, and that we must empower down to the neighborhood level if we are to restore civil society around the world (this includes no longer supporting repressive governments for the convenience of our corporations), so there is still a gap between Soros and the natural leaders down in the ranks with the people.

Thomas Jefferson said that "A Nation's best defense is an educated citizenry." Justice Brandeis said that the greatest threat to a nation's liberty is "an inert citizenship." George Soros may be said to be the first and foremost educator and leader on the critical matter of whether of whether or not this Nation might yet surmount great challenges of its own making.


Rating: 4 out of 5
Some interesting ideas
Well, I read a book on Globalization by George Soros. That was interesting in that he is a world financier who believes that the current system is unjust and that institutions need to be strengthened. He had some suggestions that I found interesting, the ones that I understood at least. George seems a little full of himself at times, recounting his own activities that seemed a little self-gratifying, which probably comes from being so influential and powerful as a leading world hedge fund manager. But his humble beginnings, his deep concern for justice and fairness in the world economic order, and his commitment to effecting some kind of positive change in the world are extremely admirable, and I am very impressed by him.

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