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World on fire: how exporting free market democracy breeds ethnic hatred and global instability

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The reigning consensus holds that the combination of free markets and democracy would transform the third world and sweep away the ethnic hatred and religious zealotry associated with underdevelopment. In this revelatory investigation of the true impact of globalization, Yale Law School professor Amy Chua explains why many developing countries are in fact consumed by ethnic violence after adopting free market democracy. Chua shows how in non-Western countries around the globe, free markets have concentrated starkly disproportionate wealth in the hands of a resented ethnic minority. These "market-dominant minorities" - Chinese in Southeast Asia, Croatians in the former Yugoslavia, whites in Latin America and South Africa, Indians in East Africa, Lebanese in West Africa, Jews in post-communist Russia - become objects of violent hatred. At the same time, democracy empowers the impoverished majority, unleashing ethnic demagoguery, confiscation, and sometimes genocidal revenge. She also argues that the United States has become the world's most visible market-dominant minority, a fact that helps explain the rising tide of anti-Americanism around the world. Chua is a friend of globalization, but she urges us to find ways to spread its benefits and curb its most destructive aspects.
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ISBN:
9780385503020
9781400076376
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Grouping Information

Grouped Work ID fa4efebb-606f-39d6-fd76-b656949f5cc4
Grouping Title world on fire how exporting free market democracy breeds ethnic hatred and global instability
Grouping Author chua amy
Grouping Category book
Last Grouping Update 2020-01-18 23:01:55PM
Last Indexed 2020-01-19 00:04:32AM

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display_description The reigning consensus holds that the combination of free markets and democracy would transform the third world and sweep away the ethnic hatred and religious zealotry associated with underdevelopment. In this revelatory investigation of the true impact of globalization, Yale Law School professor Amy Chua explains why many developing countries are in fact consumed by ethnic violence after adopting free market democracy.
Chua shows how in non-Western countries around the globe, free markets have concentrated starkly disproportionate wealth in the hands of a resented ethnic minority. These "market-dominant minorities" – Chinese in Southeast Asia, Croatians in the former Yugoslavia, whites in Latin America and South Africa, Indians in East Africa, Lebanese in West Africa, Jews in post-communist Russia – become objects of violent hatred. At the same time, democracy empowers the impoverished majority, unleashing ethnic demagoguery, confiscation, and sometimes genocidal revenge. She also argues that the United States has become the world's most visible market-dominant minority, a fact that helps explain the rising tide of anti-Americanism around the world. Chua is a friend of globalization, but she urges us to find ways to spread its benefits and curb its most destructive aspects.
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2004
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overdrive:fcc1716b-5032-4ac6-8bf7-f17e9cff097d eBook eBook English Knopf Doubleday Publishing Group 2004
ils:CARL0000191414 Book Books English Doubleday, 2003. ix, 340 p. ; 25 cm.
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subject_facet Ethnic conflict
Globalization
International economic relations
title_display World on fire : how exporting free market democracy breeds ethnic hatred and global instability
title_full World on Fire How Exporting Free Market Democracy Breeds Ethnic Hatred and Global Instability
World on fire : how exporting free market democracy breeds ethnic hatred and global instability / Amy Chua
title_short World on fire :
title_sub how exporting free market democracy breeds ethnic hatred and global instability
topic_facet Business
Ethnic conflict
Globalization
International economic relations
Nonfiction
Politics