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This book was great to read. It starts off in an inner - city Detroit, Michigan neighborhood. Oren and his friends are going to play "Taps" to commemorate their friend's death in the opening of Fred Field. But that's not enough for Oren. He is upset that he will never know how his friend died that one night in the crack - house next door. So he and his friends go around asking people who they thought knew what happened to Fred Lightfoot that night he was killed. This goes on for a while until a member from a rival gang named Skyler who was also known as the Goon Eye confesses to them he saw the murder occur. Next the gang plots out how to convince the murderer's wife that Tony had killed Fred. You will have to read the book to find out what had happens next. I thought Barbara Hood Burgess explained how the inner - city group of kids can do if they put their minds to it. I would give this book six wonderful stars out of five. The reason why I said that is that is was difficult to set the book down after reading sections at a time. I would recommend this book to anyone that likes a good mystery.
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One thing different about the current process of globalization, the authors claim, "is that a number of poorer countries, led by China and Mexico, now have the infrastructure to house practically any industrial or service operation...." What's wrong with that? They object that "...Ford, Boeing, and other global corporations are now setting up state-of-the-art manufacturing plants in countries where wages and other costs are kept extremely low through repression." We can all agree that repression is a bad thing. We may differ on where it's happening. For instance, according to the index of economic freedom constructed by the Heritage Foundation (what the authors call a "corporate think tank") and the Wall Street Journal, China is "mostly unfree" (but not "repressed") and Mexico is "mostly free." "Repressed" countries include Zimbabwe, Iran, Cuba, Iraq, and North Korea. Corporate capitalism does not appear to be causing problems in those countries by any stretch of the imagination. Vietnam is among the repressed, but it's difficult to see how workers who produce sneakers for the Nike company would be better off if Nike weren't there.
Much of the book is devoted to criticizing "globalization claims." Although some free traders will justifiably dismiss this criticism, in my view the authors' attacks will work to strenghthen the case for free trade. Put differently, any economist who wants practice defending free trade can find it reading this book. Warning: the bile may rise in you.
To their credit the authors provide an abundance of endnotes to support their case. They offer some criticism a free trader would appreciate. For example they object to export subsidies and IMF bailouts of banks with troubled loans to developing countries. They even profess to reject protectionism. However the alternative they recommend, "fair trade," is better described as "managed trade."
The authors minimize the role of consumers in the process of globalization. Corporations would not achieve their goals if consumers weren't buying their products. The authors also fail to recognize the importance of property rights in economic development. If the governments of poor countries established and protected property rights, the people would get wealthier. Given that these authors reject international trade and investment as a cause of our prosperity and cannot tolerate disparities of wealth, they'll always remain idealists with axes to grind.