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The Crisis of Democratic Capitalism
From the author of The Shifts and the Shocks, and one of the most influential writers on economics, a reckoning with how and why the relationship between democracy and capitalism is coming undone We are living in an age when economic failings have shaken faith in global capitalism. Political failings have undermined trust in liberal democracy and in the very notion of truth. The ties that ought to bind open markets to free and fair elections are being strained and rejected, even in democracy's notional heartlands. Around the world, democratic capitalism, which depends on the determined separation of power from wealth, is in crisis. Some now argue that capitalism is better without democracy; ...
Martin Wolf Wagner
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Fixing Global Finance
Since 2008, when Fixing Global Finance was first published, the collapse of the housing and credit bubbles of the 2000s has crippled the world’s economy. In this updated edition, Financial Times columnist Martin Wolf explains how global imbalances helped cause the financial crises now ravaging the U.S. economy and outlines steps for ending this destructive cycle—of which this is the latest and biggest. An expanded conclusion recommends near- and long-term measures to stabilize and protect financial markets in the future. Reviewing global financial crises since 1980, Wolf lays bare the links between the microeconomics of finance and the macroeconomics of the balance of payments, demonstra...
The Shifts and the Shocks
In The Shifts and the Shocks, Martin Wolf - one of the world's most influential economic commentators and author of Why Globalization Works - presents his controversial and highly original analysis of the economic course of the last seven years There have been many books that have sought to explain the causes and courses of the financial and economic crisis which began in 2007-8. The Shifts and the Shocks is not another detailed history of the crisis, but the most persuasive and complete account yet published of what the crisis should teach us us about modern economies and economics. The book identifies the origin of the crisis in the complex interaction between globalization, hugely destabi...
Why Globalization Works
A powerful case for the global market economy The debate on globalization has reached a level of intensity that inhibits comprehension and obscures the issues. In this book a highly distinguished international economist scrupulously explains how globalization works as a concept and how it operates in reality. Martin Wolf confronts the charges against globalization, delivers a devastating critique of each, and offers a realistic scenario for economic internationalism in the future. Wolf begins by outlining the history of the global economy in the twentieth century and explaining the mechanics of world trade. He dissects the agenda of globalization’s critics, and rebuts the arguments that it...
The Shifts and the Shocks
In The Shifts and the Shocks, Martin Wolf - one of the world's most influential economic commentators and author of Why Globalization Works - presents his controversial and highly original analysis of the economic course of the last seven years There have been many books that have sought to explain the causes and courses of the financial and economic crisis which began in 2007-8. The Shifts and the Shocks is not another detailed history of the crisis, but the most persuasive and complete account yet published of what the crisis should teach us us about modern economies and economics. The book identifies the origin of the crisis in the complex interaction between globalization, hugely destabi...
The Resistible Appeal of Fortress Europe
The European Union, by virtue of its size alone, is called on to play a central role in establishing a prosperous and liberal world economy. But, says Martin Wolf, its historic approach-an uncomfortable compromise between liberalism and protectionism-raises serious doubts about whether it is capable of rising to the challenge. The Maastricht treaty has reinforced Europe's protectionist and centralizing tendencies, while the impact of new competitors on the European economy may have also served to foster a "fortress" mentality. Such trends are likely to encourage similar developments elsewhere. Indeed, there is a very great danger that the "naive mercantilists" on both sides of the Atlantic will join hands to dance to the same protectionist tune, thereby putting at risk all that has been achieved by way of trade liberalization over half a century.
The Three Little Pigs and Other Imperialist Propaganda
A graphic arts storytelling collaboration between Martin "Wolf" Murphy and his daughter Marya examining the embedded and often undesirable messages and assumptions in children's stories. From the foreword by Julie Norris: "The brilliant retelling told herein begins the process of unassimilation and reclamation from the story that most all stories told under patriarchy serve: to separate us from all that is wild and authentic. Not their heathenistic definition of wild, but the wild that means means full embodiment, full possession of our instinctive knowing and sexuality, being in harmony with our pack and our bioregion and our little nest, leaving no trace, doing no harm, knowing no hate."
One Hundred Years of Chemical Warfare: Research, Deployment, Consequences
This book is open access under a CC BY-NC 2.5 license. On April 22, 1915, the German military released 150 tons of chlorine gas at Ypres, Belgium. Carried by a long-awaited wind, the chlorine cloud passed within a few minutes through the British and French trenches, leaving behind at least 1,000 dead and 4,000 injured. This chemical attack, which amounted to the first use of a weapon of mass destruction, marks a turning point in world history. The preparation as well as the execution of the gas attack was orchestrated by Fritz Haber, the director of the Kaiser Wilhelm Institute for Physical Chemistry and Electrochemistry in Berlin-Dahlem. During World War I, Haber transformed his research in...
Fixing Global Finance
This title shows how the globalisation of finance should have brought substantial benefits, but in practice it brought a series of devastating currency and banking crises in the 1980s and 1990s, particularly in the developing world.
