The Virtuous Vice

Globalization is both a virtue and a vice. On balance it is beneficial to individuals communities nations and the world economy. It facilitates the movement of goods and services people financial capital and ideas. Overall it creates wealth. Globalization does have vices however cultural clashes environmental degradation and displaced workers among them. The contributors to this volume contend that the give and play between the positive and negative sides of globalization will eventually result in a smoother and more equitable process.