Flat Broke in the Free Market: How Globalization Fleeced Working People by Jon Jeter
Error rating book. Refresh and try again. Open Preview See a Problem? Details if other :. Thanks for telling us about the problem. Return to Book Page. As a journalist for the Washington Post twice a Pulitzer Prize finalist , he reported on the freemarket reforms of the IMF and the World Bank, which in a single genera A powerful, accessible, and eye-opening analysis of the global economy. Led by the United States, nations around the world stopped making things and starting buying them, imbibing a risky cocktail of deindustrialization, privatization, and anti-inflationary monetary policy.
Jeter gives the consequences of abstract economic policies a human face, and shows how our chickens are coming home to roost in the form of the subprime mortgage scandal, the food crisis, and the fraying of traditional social bonds marriage. Get A Copy. Hardcover , pages. Published May 11th by W. More Details Original Title. Other Editions 3.
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Mar 02, Melinda rated it liked it Shelves: nonfiction , socioeconomics. In this relatively short book pages including notes , the ex-journalist author tackles the broad subject of the consequences of globalization around the world. Meet Isabella Lopes da Silva, an unemployed year-old woman in Brazil, who lives with her unemployed daughter and son-in-law. Meet Rose Shanzi, of Zambia, who sells tomatoes to keep h In this relatively short book pages including notes , the ex-journalist author tackles the broad subject of the consequences of globalization around the world.
Meet Rose Shanzi, of Zambia, who sells tomatoes to keep herself and her children from starving; they barely survive on corn meal, at least on the days when Rose makes enough to afford food. Meet Metolina Methembu, 70, of South Africa, who has to turn to the cholera-infested river for water after she can't pay her bills and the utility disconnects her tap. Jeter interviews these women and many other people, from community activists to economists, painting a picture through their personal experiences. As compelling and horrifying as these glimpse into everyday lives were, I could have done with more analysis and explanation of the mechanics of globalization to contextualize these stories.
It's only in the chapter on Chile that Jeter really goes into specifics of policies; otherwise, brief references to the IMF and the World Bank, to discarded tariffs, and to the privatization of public utilities are all that are offered to explain how domestic economies imploded. I would have liked to have gotten a clearer picture of how these pieces fit together, the timeline of these events, and how the emerge neoliberalism fits into a wider sociopolitical context.
Besides conducting interviews with people throughout the the Global South, Jeter also shines a spotlight on the United States. He details the concerted efforts these cities employ to push black and poor people out of Washington D. He also devotes a chapter to critiquing black politicians who turn their backs on impoverished black communities, serving instead the interests of the upper- and middle-classes.
Bobby Rush, former Black Panther turned mainstream Democratic representative, features as a prime example; Jeter also turns a critical eye to Barack Obama, who, at the time of writing, was yet to be elected. Jeter's analysis of women's situations leaves much to be desired. Although he points out that women and people of color face the brunt of poverty, he doesn't acknowledge, for example, what prostitution actually means: paid rape.
He interviews prostituted women in Argentina, detailing how the economic crisis forced these women into prostitution, but treating it, ultimately, like any other unfortunate "job," not male sexual violence against vulnerable women.
- Flat Broke in the Free Market: How Globalization Fleeced Working People.
- Heath Wickline and Jon Jeter Join Hewlett Foundation as Communications Officers.
- Computer Simulation Studies in Condensed-Matter Physics XI: Proceedings of the Eleventh Workshop Athens, GA, USA, February 22–27, 1998.
- Flat Broke in the Free Market: How Globalization Fleeced Working People.
- Flat Broke in the Free Market: How Globalization Fleeced Working People on Apple Books.
- The International Trading System;
In his chapter on "Chicago and the Family," Jeter mourns the lack of strong heterosexual ties i. Of one of his interview subjects, he actually writes: "to truly get ahead, Sonia needs a man. This dynamic is a tragic result of economics, apparently, not misogyny — as though black women would have idyllic lives, if only they could get themselves hitched to well-paid men and stay at home, cooking and cleaning.
That's the fantasy of Sonia's off-and-on boyfriend, by the way. Ultimately, even with its pain points, Flat Broke makes a good introduction into the effects of globalization around the world, offering vivid stories in a readable and informative format and spanning an impressive number of countries. Unfortunately, the broad scope overwhelms the few pages of the book, and so it feels incomplete in its analysis.
Note: I read an advance reader's copy acquired secondhand, not provided by the publisher , so there may be discrepancies between it and the final published book. Sep 14, Eric Piotrowski rated it really liked it Shelves: economics , nonfiction , politics.
Other Titles by John Jeter
This book is a must-read, despite the imperfect rating I'm giving it. Acutely pointing the target of the title at Thomas "dorkbutt" Friedman, Jeter does a superb job of taking us on a tour of the world that pro-corporate-globalization fanatics want us to ignore. John Stossel should be strapped to a chair and forced to listen to every word of this text. From Argentina to South Africa, from Chicago to Malawi, the book offers story after heartbreaking story of people who work hard and play by the ru This book is a must-read, despite the imperfect rating I'm giving it.
From Argentina to South Africa, from Chicago to Malawi, the book offers story after heartbreaking story of people who work hard and play by the rules -- only to see everything washed away because of unfair trade policy.
Taking a Deep Breadth: The Rhetorical Construction of Solidarity in the American Labor Movement
Jeter links the personal to the political, bringing trade issues always to the forefront, linking history to economics without ever dropping the essential human element. My one complaint and the reason for withholding the final star is the somewhat disjointed nature of the stories. The chapters on "Chicago and Family", for example, points to how hard it is for young black women to find men with stable jobs -- obviously an important issue related to corporate globalization. But given the history of white supremacy in this country, I'm not sure I see the specific link to global capital, beyond the obvious points made at the start of that chapter.
Other sections suffer from similar stretching of connectivity. Still, the facts and information are sublimely collected, and tied together with important visions of both frustration and -- importantly, in the last chapter -- hope. As I was reading the brilliant "The Earth is Flat" by Thomas Friedman, a thought kept re-appearing in the back of my mind: "There are going to be people left behind in the new global economy.
What happens to them? It's not a friendly read, like "Flat" was, probably because Jeter is a reporter by trade, and a very good one, back when that meant something besides publishing a stream-of-consciousness blog. He has, in fact, been As I was reading the brilliant "The Earth is Flat" by Thomas Friedman, a thought kept re-appearing in the back of my mind: "There are going to be people left behind in the new global economy. He has, in fact, been nominated for two Pulitzer prizes I don't pretend to understand the economic issues in the world today. But if you want a look at both sides of the story, Jeter and Friedman's books will get you started.
View 1 comment. May 21, Rick rated it did not like it Shelves: completed. Neither well-reasoned or insightful; an emotional rant of victimhood. Flat Broke is a brilliant and much-needed assessment of how globalization, neoliberalism, the World Bank, IMF and the other tools of modern empire-building caused the current global economic crisis.
Jon Jeter reads Flat Broke in the Free Market
And then Jeter goes deeper. He demonstrates that today's international resistance movements, led by a number of Latin American nations, offer hope for a future that will no longer exclude peasants, blue-collar workers, and the 3 billion people presently living below the poverty line--a sustainable and just future our children will want to inherit.
Jon Jeter was the Washington Post bureau chief for southern Africa from to , and the Post's bureau chief for South America from to He now lives in Brooklyn. Convert currency. Add to Basket. Book Description W. Condition: New. More information about this seller Contact this seller. Seller Inventory A-dmg Seller Inventory A-p Seller Inventory Tapa Dura. Never used!. Seller Inventory P Seller Inventory NEW First Edition. Ships with Tracking Number! Buy with confidence, excellent customer service!. Seller Inventory n. Jon Jeter.