World on Fire: How Exporting Free Market Democracy Breeds Ethnic Hatred and Global Instability

Amazon.com Price: $17.00 (as of 11/10/2019 08:11 PST- Details)

Categories: Books, Business and Money, Economic Conditions, Economics, Environmental Economics, Globalization, International, International and World Politics, Political Economy, Politics and Government, Politics and Social Sciences, Social Sciences, Specific Topics, Subjects, Sustainable Development, Violence in Society

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The reigning consensus holds that the combination of free markets and democracy would change into the third world and sweep away the ethnic hatred and religious zealotry associated with underdevelopment. In this revelatory investigation of the true have an effect on of globalization, Yale Law School professor Amy Chua explains why many developing countries are if truth be told consumed by ethnic violence after adopting free market democracy.

Chua shows how in non-Western countries around the world, free markets have concentrated starkly disproportionate wealth in the hands of a resented ethnic minority. These “market-dominant minorities” – Chinese in Southeast Asia, Croatians in the former Yugoslavia, whites in Latin The united states and South Africa, Indians in East Africa, Lebanese in West Africa, Jews in post-communist Russia – change into objects of violent hatred. At the same time, democracy empowers the impoverished majority, unleashing ethnic demagoguery, confiscation, and infrequently genocidal revenge. She also argues that the United States has change into the world’s most visible market-dominant minority, a fact that helps give an explanation for the rising tide of anti-Americanism around the globe. Chua is a friend of globalization, but she urges us to find how one can spread its benefits and curb its most destructive aspects.

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