A new approach to globalization is needed to create a more equitable and sustainable world from "summary" of Globalization and Its Discontents by Joseph E. Stiglitz
The current model of globalization has failed to deliver on its promises of prosperity and progress for all. It has instead led to widening inequality, environmental degradation, and social unrest. The benefits of globalization have been unequally distributed, with the wealthiest individuals and corporations reaping most of the rewards. Meanwhile, the most vulnerable populations have been left behind, struggling to make ends meet in an increasingly competitive and unforgiving global economy. To create a more equitable and sustainable world, we must fundamentally rethink our approach to globalization. We need to prioritize the well-being of people and the planet over short-term profits and economic growth. This requires a shift towards a more inclusive and participatory form of globalization that takes into account the needs and aspirations of all individuals, not just ...
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