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An eye-opening primer on some of the less explored aspects of globalization. We know that globalization has moved many jobs away from the industrialized countries and to the Third World, where people are paid far less. But do we know the consequences of this upheaval for the AIDS epidemic, the environment, and the costs of basic medicines? In one concise book, William K.Tabb, a professor of economics at Queens College in New York, provides an informative and incisive introduction to these complex themes, and a clear perspective on how they mesh and how vitally they matter to us all. In a chapter on banking, for example, Tabb explains how the WTO, IMF, and World Bank's efforts to regulate the world's economy have driven entire nations into insurmountable debt: the increasing mobility of money drives up inflation and forces countries into a web of dependency, where their only option is to obtain loans from multinational banks.



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