Making Globalization Work (Joseph E. Stiglitz) is the sequel to Globalization and Its Discontents by the same author. I found this passage interesting in relation to our national security policy (the principle applies with equal force to domestic economics, but I'll leave that to the experts--hint, for developing countries substitute "working poor"):
There are few success stories--our brief tour of the world has shown us a world replete with failures...we can at least create a more level playing field. It would be even better if we tilted it to favor the developing countries. There is a compelling moral case for doing this. I think there is also a compelling case that it is in our self-interest. Their growth will enhance our growth. Greater stability and security in the developing world will contribute to stability and security in the developed world.
The other passage I found interesting is this one about Microsoft and monopolies.
Equally worrying...is how new technologies (reinforced by new trade rules) are enhancing the market power of incumbent, dominant firms, such as Microsoft,
which are all from the developed world: for the first time, in a key global industry, there is a near-global monopolist, so powerful that even highly innovative firms in the United States like Netscape, the developer of the first major browser, get easily squashed.***So much power does Microsoft have that it brazenly threatened to wrthdraw from Korea if Korea pursued its anittrust action against the firm--in a sense, it confirmed the allegations of overweening market power,