Tuesday, May 21, 2013

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Interview in Brief



John Gray, author of False Dawn, argues that the globalization of the world economies according to the model of free market capitalism will have unseen and unfavorable effects on the social and political orders of the world's various nation-states. Gray argues that free markets depend on the laws and habits of a civil society; however, the relationship is parasitic because the demands of the free market deplete the foundation of those laws and habits. The demands of the free market should be tempered and understood in order to restrain this depletion. Gray fears that if cultural restraints do not curtail free market economic ideals, nations will react with large scale protectionism.

False Dawn (The New Press, 1998)
Related Information



Additional information about John Gray is available through the web pages of ISI Books.Capitalism
Globalization
Economics and Culture