Globalization and its Discontents (by Joseph Stiglitz)

"Globalization and Its Discontents" by Joseph Stiglitz critically examines how the global economic system, driven by organizations like the IMF and WTO, often benefits wealthy nations and corporations while disadvantaging poorer countries. Stiglitz argues that rigid policies, such as austerity and free-market ideals, can harm economic growth and social stability in developing nations. He emphasizes the need for reforms that promote more equitable growth, social protection, and policies tailored to each country's unique needs, highlighting that globalization should serve the broad public good, not just the interests of the powerful.