In "One World, Ready or Not, " a national bestseller, Wiliam Greider focuses his incomparable reportorial skills on exposing the myths and the realities of the global ecnomy in terms of human struggle. Drawing on in-depth investigations and interviews with factory workers, corporate CEOs, economists and government officials around the world, he contends that the global economy is sowing "creative destruction" everywhere: while making possible great accumulations of wealth, it is also reviving forms of human exploitation that characterized industry one hundred years ago. Greider warns that if the system isn't reformed it will threaten not only our middle-class lifestyles but also social peace in rich and poor countries alike.
The world is in the midst of an industrial and economic revolution more far-reaching than the one that transformed Europe and North America in the 19th century. According to William Greider, this revolution is a juggernaut that neither multinational corporations nor governments can control. Greider looks at the impact of the global revolution in terms of human struggle. While huge amounts of wealth are being generated, there is a downside, too: social dislocation; economic uncertainty; and the oldest, rawest form of exploitation--that of the weak by the strong. Greider proposes a number of steps governments of the world can take to avert disaster: moderate the flow of goods by imposing tariffs to rectify trade deficits, change labor practices in developing countries, and allow labor to share in the ownership of capital.