A Future Perfect: The Challenge and Promise of Globalization
Page 55
unemployment
in Continental Europe, 318
effects of increase in imports on, 6
during the great depression, 11
UNESCO, 169
UNICEF, 169
Unilever, 15, 311
Union Pacific and Southern Pacific merger, 103
UNIPAR, 260
United Auto Workers Local 659, strike in 1998, 66, 243-247, 257
United Nations, 151, 224-226
budget, 169, 171
comparison to the medieval papacy, 182
creating a standing army for, 158
decolonization and, 164
foundation of, 13, 164
General Assembly, 161
job of secretary-general, 161
under Kofi Annan, 167-170
operational side of, 168
phrase first appears, 13
reconfiguration of, 170-172
role of at present, 170
Security Council, 164, 181
UN centers, 168
World Court, 165
United Nations Conference on Trade and Development (UNCTAD), 23, 58, 113
United Nations Development Project, xxix
United Nations Foundation, 304
United Nations Human Development Program, 252, 253, 254-255
United Parcel Service (UPS), 257
United States
anti-American feelings in France, 184-185
anticapitalism in, 6
attitudes toward free trade, 280
average wages in 1990s, 315
budget surplus in, 60
conflicts over trade and foreign policy, 287
corporate profits, 315
educational systems in, 298, 299, 301
effect of globalization on industries in, 309
excess stamping plants in, 257
free trade and, 283
government spending in, 149
hourly wages in, 114
inflation in, 108
learning from Japan business techniques, 76-77
median wage in 1990s, 246
money to third world countries, 113
nonpayment of dues, 171
philanthropy in, 302-305
productivity growth, 108
regulation of mobile phones, 41
richest families, wealth of, 304
stock-market capitalization in, 54
tax code, 295
trade deficits vs. free trade in, 25
university system in, 300
University of Chicago Graduate School of Business, 70
University of Texas, 211
Upjohn, 103
Urquhart, Brian, 163, 164
Uruguay, 282
USX, 101
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
V
vaccines, 306-307
Vainio, Janne, 129-130
Van Haght, Lyn, 90-91, 94
Van Nuys, California, 78-79
Van Praag, Nicholas, 293
Vauxhall, 15
p. 382 Venezuela, poverty in, 251
Venice, separatist movement in, 154
venture capitalists, 207
“Vivid Girls,” 81
Vivid Video, 79-83
Vodacom, 44
Vodaphone, 41, 101
Volcker, Paul, 56
Voltaire, 332
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
W
wages
See income
Wagoner, Richard, 66
Wales, General Electric plant in, 132-133
Wall Street crash, 16
Wal-Mart, xxviii, 116, 214, 314
Wang, Patrick, 73-75, 102, 225
war against terrorism. 160
Washington, D.C., poverty and infant mortality in, 252
Wealth and Poverty of Nations, The, 292
Wealth of Nations, The, 4
Webb, Sidney and Beatrice, 6, 8, 16-17, 19, 24-25, 276, 292
Webber, Andrew Lloyd, 192
Wee Kim Wee, 337
Welch, Jack, 38, 66-67, 126, 134-139
definition of “universal values,” 228
welfare state, 87-89
definition of, 87
enormous expense of, 88
shift away from, 88-89
Wells, H. G., 16, 97, 224
Wendleton, Kate, 317
Wessel, Dave, 37
Wharton School, 72, 103
wheat, tariffs on, 10
White, Harry Dexter, 13-14, 179
Whyte, William, 228, 275
Wickham, Henry, 120
Wilhelm II, Kaiser, 224
Wilson, Harold, 19
Windsor, Charles, 283
Wired, 107
Wirth, Tim, 304
Wolf, Martin, 295
Wolfe, Tom, 75, 100
Wolfensohn, James, 173
Woo, Charlie, 98-99, 102, 105-106, 111, 225
on business clusters, 114-115
employment of cheap labor, 109
going upmarket, 117-118
importing Chinese-made goods, 109
Woolf, Virginia, 7
workforce, 321
in developing countries, 319
overwork, 321
temporary workers, 319-320, 322, 326
Working Partnerships USA, 325
World Bank, xxvi, 14, 48, 62, 161, 162, 164, 172, 173
WorldCom, xxi, xxx, 108
World Court, 162, 165
World Economic Forum (1999), 268
World Health Organization (WHO), 268
world trade
1890s to 1930s, 12
growth of, after 1948, 14-15
World Trade Center, terrorist attack on
See September 11 terrorist attacks
World Trade Organization (WTO), xviii, xxv, 162, 165, 181, 270-271, 280, 282, 283
World War I, aftermath of, 10, 12
World War II, aftermath of, 12, 17
Worldwatch Institute, 165, 262
World Wide Web, 36
Wriston, Walter, 56, 172
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
X
Xerox Palo Alto Research Center (PARC), 23, 205, 209
Y
Yahoo!, 209, 214
Yamaichi Securities, 53
Yan, Richard, 228
Yang, Jerry, 206
Yeltsin, Boris, 142
Yodobashi Camera, 39-40
Z
Zapatistas, 272, 274
Zhirinovsky, Vladimir, 50
Zimbabwe, xxii
Zschau, Ed, 204-205
Zurich Group, 57
Publication Information
About A Future Perfect
A FUTURE PERFECT is the first comprehensive evaluation of the most important revolution of our time—globalization—and how it will continue to change our lives. Do businesses benefit from going global? Are we creating winner-take-all societies? Will globalization seal the triumph of junk culture? What will happen to individual careers? Gathering evidence worldwide, from the shantytowns of São Paolo to the boardrooms of General Electric, from the troubled Russia-Estonia border to the booming San Fernando Valley sex industry, John Micklethwait and Adrian Wooldridge deliver an illuminating tour of the global economy and a fascinating assessment of its potential impact.
“It is not just that Micklethwait and Wooldridge . . . write gloriously. . . . The book’s substance is what really makes it stand out. . . . Judged in its entirety, with all its ambition and achievement, the book is a spectacular success.”
—Foreign Affairs
“[A] compelling, witty discourse . . . To explain how globalization works, and how it came to pass, Micklethwait and Wooldridge take us on an extended world tour.”
—Fast Company
“[The authors’] style is familiar to readers of The Economist: smooth, witty, erudite. . . . Their book merits an A.”
—USA Today
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A RANDOM HOUSE TRADE PAPERBACK
Praise for A Future Perfect
“Micklethwait and Wooldridge are unusually comprehensive in their analysis.”
—The New York Times
“One of the many virtues of this passionate and readable work is that the authors know too much about history, as well as about the world, to assume that the current situation must persist, and they take up the argument for globalization with refreshing candor and verve, ranging across continents and deep into the history of ideas. . . . Read this brilliant book.”
—The Industry Standard
“Globalization is such a mouthful. It is a pleasure to say that A Future Perfect, examining its implications, soars above the indigestible noun. The authors deftly make sense of the abstract with vivid specifics we can all relate to, and it’s cheering, too. This is an important book and . . . a lot of fun to read.”
—Harold M. Evans, author of The American Century
“A timely retort to the critics of the World Trade Organization and our galloping free markets. Micklethwait and Wooldridge . . . mount an energetic defense of globalization. Their goal is to impose some order on the morass of assumption and opinion that has gelled around the concept of a global marketplace.”
—The Washington Post
“A Future Perfect fills a yawning void with a magisterial case for the most powerful—and life-enhancing—force on earth: globalization.”
—Tom Peters, coauthor of In Search of Excellence
About the authors
JOHN MICKLETHWAIT oversees coverage of the United States for The Economist. He has written op-ed articles for, among others, The New York Times, the Los Angeles Times, The Wall Street Journal, The Spectator, Fortune, and USA Today. He was educated at Magdalen College, Oxford. He lives in London.
ADRIAN WOOLDRIDGE is The Economist’s Washington correspondent. His writing has appeared in numerous publications, including The Washington Post, Forbes, The New Republic, Foreign Policy, the Financial Times, The New Statesman, and The Times Literary Supplement. He was educated at Balliol College and All Souls College, Oxford, where he received a D.Phil.
Micklethwait and Wooldridge are coauthors of The Witch Doctors; Making Sense of the Management Gurus, winner of a 1997 Financial Times/Booz Allen Global Business Book Award, and The Company: A Short History of a Revolutionary Idea. Wooldridge is also the author of Measuring the Mind: Education and Psychology in England 1860-1990.
Copyright Notice
2003 Random House Trade Paperback Edition
Copyright © 2000, 2003 John Micklethwait and Adrian Wooldridge
All rights reserved under International and Pan-American Copyright Conventions.
Published in the United States by Random House Trade Paperbacks, a division of Random House, Inc., New York, and simultaneously in Canada by Random House of Canada Limited, Toronto.
RANDOM HOUSE TRADE PAPERBACKS and colophon are trademarks of Random House, Inc.
This work was originally published in hardcover and paperback in 2000 by Crown Business, a division of Random House, Inc., in different form.
Library of Congress Cataloging-in-Publication Data
Micklethwait, John.
A future perfect: the challenge and promise of globalization / John Micklethwait and Adrian Wooldridge.
p. cm.
Includes bibliographical references and index.
ISBN 0-8129-6680-5
1. Economic history—1990- 2. Globalization. I. Wooldridge, Adrian. II. Title.
HC59.15.M53 2000 330.9—dc21 99-054251
Random House website address: www.atrandom.com
Printed in the United States of America
9 8 7 6 5 4 3 2 1
Book design by Helene Berinsky
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