Our world seems to be collapsing. The daily news cycle reports the deterioration: divisive politics across the Western world, racism, poverty, war, inequality, hunger. While politicians, journalists and activists from all sides talk about the damage done, Johan Norberg offers an illuminating and heartening analysis of just how far we have come in tackling the greatest problems facing humanity. In the face of fear-mongering, darkness and division, the facts are unequivocal: the golden age is now.
The thirst for energy in developing countries will only grow as economic freedom spreads. People there see how we in the west live and refuse to be left behind. In "Power to the People" Swedish economist and author Johan Norberg explores the incredible challenge this demand presents to man- and woman-kind. As costs rise and concern for climate change increases, these questions loom large: How are we going to maintain our standard of living?
How do we reduce our impact on the planet? And how will we get power to ALL the people?
Based on Norberg's travels for the television documentary “Power to the People,” his investigation peels back the layers of this global challenge, often questioning the conventional wisdom on what works and what doesn’t. His journey starts in the Moroccan bazaars of Marrakech, which functioned fine for eons without modern conveniences, but where electric lights, computers, cell phones and credit card readers are now everywhere. Even more telling is Norberg’s journey to a remote Berber village in the Sahara Desert. More than half the world still cooks its food over open flames but this is rapidly changing, including here, where women now cook on gas stoves, and some even have refrigerators.
In six concise chapters, Financial Fiasco tells the complex story of the crisis, showing how monetary policy, housing policy, and financial innovations combined to create financial catastrophe. The final two chapters describe the government's mismanagement of the crisis and how we are now dangerously repeating many of the very same mistakes that caused it. An understanding of the roots of the financial crisis is crucial for every American who has felt its effects - and would like to prevent the same disaster from happening again. Financial Fiasco provides that understanding, with great insight, clarity, and wit.
Just as important, the book serves as a profound warning against pursuing the wrong solutions. "After government authorities had helped create the worst financial crisis in generations, the climate of ideas has now shifted dramatically in the direction of bigger and more active government," Norberg writes. Financial Fiasco is the perfect antidote to those ideas, a cautionary tale on how to stop confusing the disease with the cure.
Nuestra percepción puede decirnos que todo va mal, pero los datos indican que el mundo mejora y que lo hace, en muchas ocasiones, para aquellos que se encuentran en un peor punto de partida: en casi todos los rincones del mundo la gente vive más años, con mayor prosperidad, más seguridad y mejor salud.
Por supuesto, ni todos los problemas han sido resueltos ni todas las partes del mundo pueden compartir este optimismo. Pero en la mayoría de los casos sabemos, al menos, qué herramientas pueden ayudarnos; muchas veces, una tecnología tan simple como la que permite el acceso al agua potable y sistemas de fontanería domésticos puede marcar una enorme diferencia. La educación y la nutrición son también claves y constituyen indicadores que mejoran. Nada debería hacernos pensar, en consecuencia, que el mundo del futuro va a ser peor que el actual. De hecho, y como nos recuerda Norberg en las páginas de este libro, vivimos en la mejor época de la humanidad.
A young writer from Sweden, who started on the anarchist left and then came to understand the world better. Johan Norberg has traveled to Vietnam, Africa, and other hot spots in the battle over globalization. He has become a passionate defender of the globalization that is lifting poor countries out of poverty. In Defense of Global Capitalism is the first book to rebut, systematically and thoroughly, the claims of the anti-globalization movement. With facts, statistics, and graphs, Norberg shows why capitalism is in the process of creating a better world. The book is written in a conversational style with an emphasis on liberal values and the opportunities and freedom that globalization brings to the world's poor.
In Defense of Global Capitalism shows that the diffusion of capitalism in the past few decades has lowered poverty rates and created opportunities for individuals all over the world. Living standards and life expectancy have risen substantially. There is more food, more education, and more democratization, less inequality and less oppression of women. Norberg takes on the tough issues-economic growth, freedom vs. equality, free trade and fair trade, international debt, child labor, cultural imperialism-and concludes that free-market capitalism is the best route out of global poverty.
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