GLOBALIZATION; SUCCESS OR FAILURE?
A key variance in both books is the discourse on globalization’s effect on the environment, repeatedly mentioned in Making Globalization Work , and given special attention in the sixth chapter. Again, Stiglitz finds a somewhat poetic way of describing the universal environment shared by all and the danger posed to it by the actions of some. He calls it the “tragedy of the commons”, a description that combines the commonality of a resource and the impending disaster created hen an individual fails to consider the ramifications of their actions on another individual, thereby leading to abuse of common resources(161). Several conservatory and reparative ideas are presented, but I believe Stiglitz needn’t say more when he says, "No issue is more global than global warming: everyone on the planet shares the same atmosphere"(166). If a statement as simple and as directive as this does not highlight the curse and joy of global interdependence, then nothing can.
Friedman and Stiglitz have both rendered excruciating insights into globalization, albeit with different goals. It appears that Friedman is concerned with emphasizing the aspects of globalization that have happened thus far, unbeknownst to the average consumer, why they have happened, and how these elements could continue to evolve in the near future. The World is Flat is a jolt to those who may have been sleepwalking while globalization was reshaping the world, and a tribute to the ten flatteners responsible for doing so. It is an informative journey shining the spotlight on globalization, its capabilities, and possible consequences.
In stark contrast, Making Globalization Work seems to represent the post-honeymoon phase of globalization. It seeks not to shine a spotlight on globalization, but to shine a light through it, to expose the impediments that have prevented what is possibly the greatest collaboration of global communities from becoming a success for all, or at least most. Stiglitz painstakingly reminds the reader throughout his mission, of the developing countries, of the have-nots of this world, stressing that we as a people enjoying the benefits of a collaboration at the expense of others, are “morally compelled” to take action to rectify the present imbalances(59).
More on Friedman
Hope you have enjoyed my review of this book. Which book would you like to see me review next? Which top 3 books do you think are most pertinent to the discourse on globalization?