In this new and expanded edition of Chossudovsky’s international best-seller, the author outlines the contours of a New World Order which feeds on human poverty and the destruction of the environment, generates social apartheid, encourages racism and ethnic strife and undermines the rights of women. The result as his detailed examples from all parts of the world show so convincingly, is a globalization of poverty.
This book is a skilful combination of lucid explanation and cogently argued critique of the fundamental directions in which our world is moving financially and economically.
In this new enlarged edition –which includes ten new chapters and a new introduction-- the author reviews the causes and consequences of famine in Sub-Saharan Africa, the dramatic meltdown of financial markets, the demise of State social programs and the devastation resulting from corporate downsizing and trade liberalisation.
Published in 11 languages. More than 100,000 copies sold Worldwide.
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Michel Chossudovsky is Professor of Economics at the University of Ottawa and Director of the Center for Research on Globalization which hosts the critically acclaimed website. He is also a contributor to the Encyclopaedia Britannica.
Michel Chossudovsky is the 2003 Recipient of the Human Rights Prize of the Society for the Protection of Civil Rights and Human Dignity, Berlin, Germany.
He is seven times recipient of the Project Censored Award, Sonoma University School of Journalism, California. 2000 (double award), 2001(double award), 2002, 2004, 2005). His website, Global Research (Canada) was granted the Democracy Media Award in 2002, 2003, 2004 and 2005 by GoodWriters.net
Humanity is undergoing, in the post-Cold War era, an economic and social crisis of unprecedented scale leading to the rapid impoverishment of large sectors of the world population. National economies are collapsing and unemployment is rampant. Local level famines have erupted in sub-Saharan Africa, South Asia and parts of Latin America. This "globalization of poverty" which has largely reversed the achievements of post-war de-colonization was initiated in the Third World coinciding with the debt crisis of the early 1980s and the imposition of the IMF s deadly economic reforms.
The New World Order feeds on human poverty and the destruction of the natural environment. It generates social apartheid, encourages racism and ethnic strife, undermines the rights of women and often precipitates countries into destructive confrontations between nationalities. Since the 1990s, it has extended its grip to all major regions of the World including North America, Western Europe, the countries of the former Soviet bloc and the "Newly Industrialized Countries" (NICs) of South East Asia and the Far East.
This worldwide crisis is more devastating than the Great Depression of the 1930s. It has far-reaching geo-political implications; economic dislocation has also been accompanied by the outbreak of regional wars, the fracturing of national societies and, in some cases, the destruction of entire countries. By far, this is the most serious economic crisis in modern history.
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