The silent takeover : global capitalism and the death of democracy / Noreena Hertz.

by Hertz, NoreenaLooking glass.

Publisher: London : Arrow Books, 2002.Description: vii, 312 pages ; 20 cm.ISBN: 0099410591; 9780099410591.Subject(s): CapitalismLooking glass | GlobalizationLooking glass | Power (Social sciences)Looking glassNote: Includes bibliographical references (pages 276-312). Note: Originally published : London : Heinemann, 2001.
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Enhanced descriptions from Syndetics:

Noreena Hertz's groundbreaking political book has established itself as an essential socio-economic text as the world faces the challenge of the power of big business. This fascinating insight into the world economy and world politics has made its author a public figure, rarely out of the papers or off the TV, debating with Bill Clinton and Mary Robinson, appearing on Newsnight and Question Time .

The way we are governed is changing; so is our economy. Government has less and less power to influence how we live our lives, while the private sector has more power than ever to control what we do and what we think. Yet the business pages of the newspapers still come as a supplement, while the activities of governments dominate the front pages and the headlines. To understand the new world in which we are living, we need to learn to challenge long-held assumptions about the nature of power in society; The Silent Takeover is an essential guide to that new understanding as we progress through the 21st century- a time in which we can no longer rely on politicians - of whatever stripe - to meet our needs; a time in which business, rather than political parties, offers the way forward; a time in which we can make more of an impact through our pockets than we have ever done through the ballot box. In the wake of an economic recession, Hertz's eye-opening book reveals much about early 21st century politics and its effects on society.

Includes bibliographical references (pages 276-312).

Originally published : London : Heinemann, 2001.

Table of contents provided by Syndetics

  • 1 The Revolution Will Not Be Televised
  • 2 Living in a Material World
  • 3 Let Them Eat Cake
  • 4 Manning the Door at the Private Sector HQ
  • 5 Politics for Sale
  • 6 Shop, Don't Vote
  • 7 All That Glitters...
  • 8 Evangelical Entrepreneurs
  • 9 Mother Business
  • 10 Who Will Guard the Guards?
  • 11 Reclaim the State
  • Notes
  • Acknowledgments
  • Index

Reviews provided by Syndetics

Publishers Weekly Review

Cambridge University economist Hertz asserts that Reagan's and Thatcher's brand of free market capitalism has had dire social and political repercussions, although it has triumphed as the dominant world ideology and brought prosperity to many. She sensibly argues that with government in retreat from its traditional rule-setter role, multinational corporations have grown so powerful 51 of the hundred biggest economies in the world are corporations that they determine political policies rather than operate subject to them. Market success may rule, but Hertz laments that the state, in appearing to serve business, may be nullifying democracy's social contract to represent and protect the rights of all citizens equally. WTO protests and activism reinforce her sense of growing political discontent not only about income distribution effects (97% of the increase in income over the past 20 years in the U.S. has gone to the top 20% of the families) but also about human rights issues. Campaign finance realities, declining voter participation, increasing alienation and terrorism amid glowing corporate results represent an urgent cry for reform to Hertz. Since corporations are not designed and cannot be expected to serve a general population's social and political needs, she argues that democracies need to move toward a realignment between the state's political power and the corporations' economic power so that all people have a positive stake in world economic progress. Hertz maps out a proposed agenda, and her eloquent call to action deserves the attention of every concerned citizen of our troubled world. (June 17) Forecast: Concern about the unchecked influence of multinational corporations in the political sphere both nationally and internationally is a hot topic, and Hertz's credentials as a respected academic with a Wharton MBA and a pro-free market mindset reinforce her arguments. This book and Joseph Stiglitz's Globalization and Its Discontents (Forecasts, May 13) will catch the eye of those seeking to understand how business will and should be done responsibly in the future. (c) Copyright PWxyz, LLC. All rights reserved

Author notes provided by Syndetics

Dr. Noreena Hertz teaches international business at Cambridge. She is in demand as a consultant to both multinationals and governments, and is, in particular, an expert on the Russian economy.

Other editions of this work

No cover image available Silent Takeover : by Hertz, Noreena ©2001