Description:  Book: “The Amoral Elephant examines the implications of globalization, drawing parallels to earlier stages of capitalist development to demonstrate the social burdens arising from the exploding financial markets. Tabb describes how international institutions, most importantly the International Monetary Fund and the WTO have focused on neoliberal goals to erode the welfare state and shift wealth from the poor to the rich. Moreover, he shows how regulatory frameworks—such as the proposed Multilateral Agreement on Investment, NAFTA, and the misleadingly named “Africa Growth and Opportunity Act”—are designed by these powerful institutions to provide greater freedom and opportunity for capital at the expense of social needs.”

Weblink:  https://monthlyreview.org/product/amoral_elephant/

Resource Type(s):  Book/ebook

Location:  (Universal)

Accessibility:  Offline-paid

Wellness Domains:  Human Society, Personal

Harmful Practices Critiqued:  Social Inequality, Corp. Finance/Banking