REVIEWS The Ends of Globalization M OHAMMED A. B AYEH Minneapolis: University of Minnesota Press, 2000 The Spiral of Capitalism and Socialism: Toward Global Democracy T ERRY B OSWELL and C HRISTOPHER C HASE -D UNN Boulder: Lynne Rienner, 2000 In the Hurricane’s Eye: The Troubled Prospects of Multinational Enterprises R AYMOND V ERNON Cambridge, MA.: Harvard University Press, 2000 Globalization: Neoliberal Challenge, Radical Responses R OBERT W ENT London: Pluto Press with The International Institute for Research and Education, 2000 Reviewed by S COTT M AC W ILLIAM The Poverty of Plenty In the Foreword to the World Bank’s 2000/2001 World Development Report, Bank President James D. Wolfensohn draws attention to what seems to be the most important paradox of contemporary globalised existence: ‘poverty amid plenty’. 1 Of ‘the world’s 6 billion people, 2.8 billion – almost half – live on less than $2 a day, and 1.2 billion – a fth – live on less than $1 a day’, 2 while in ‘rich countries’ there is unprecedented afuence. This condition frames the Report’s objectives: ‘to expand the understanding of poverty and [set] out actions to create a world free of poverty in all its dimensions’ .
Historical Materialism – Brill
Published: Jan 1, 2003
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