In Defence of Global Capitalism

Here’s the special ‘India edition’ of Johan Norberg’s widely acclaimed book: In Defence of Global Capitalism. In this book Norberg shows clearly and concisely how capitalism promotes the rapid spread of economic opportunities and personal freedom. Once a self-proclaimed anarchist and now a passionate crusader for globalisation, the author presents compelling evidence that because of eased trade restrictions, dramatic transformations are already under way in scores of nations. In Defence of Global Capitalism is the first book to rebut, systematically and thoroughly, the claims of the anti-globalisation movement. Backed by an abundance of solid facts, statistics, and flesh-and-blood examples drawn from his travels in Asia and Africa, Norberg asserts that the diffusion of capitalism in recent decades has created opportunities every-where. Living standards and life expectancy have risen substantially. There is more food, more education, and more democratisation, less inequality and less oppression of women. Norberg takes on the tough issues – economic growth, freedom vs. equality, free trade and fair trade, international debt, child labour, cultural imperialism – and concludes that free-market capitalism is the best route out of global poverty. The book is written in a conversational style with an emphasis on liberal values and the opportunities and freedom that globalisation brings to the world’s poor. This ‘India edition’ of Norberg’s much acclaimed work comes with a crisp and an insightful foreword "In Defence of this Book" contributed by none other than Bibek Debroy.