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Geoffrey P. Faux
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The Global Class War: How America's Bipartisan Elite Lost Our Future - and What It Will Take to Win It Back Paperback – December 1, 2006

by Jeff Faux (Author)
4.3 4.3 out of 5 stars 35 ratings
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Class warfare, not economic fate or national interest, best explains why Republican and Democratic leaders have encouraged the outsourcing, trade deficits, and energy dependence that are rushing America toward an inevitable decline in living standards. Jeff Faux breaks through the current stale debate with a compelling case for making globalization responsive to democracy, including an inspiring proposal for a radically revised NAFTA. Full of new insights, political drama, and crisp analysis, The Global Class War argues that only by confronting the realities of the global market will Americans —as well as the citizens of other nations—gain control of their economic future.

Conventional wisdom portrays globalization as competition among countries—America versus Mexico or China or Europe. But today the rich and powerful of every nation have more in common with each other than they do with their fellow citizens who must work for a living. What’s good for General Motors—or Microsoft, Exxon, or Wal-Mart—is no longer good for America.

In The Global Class War, Jeff Faux argues that the politics of the new world market is dominated by a virtual “Party of Davos,” the globe-trotting network of corporate investor and CEOs and the politicians and journalists who work on their behalf. Clinton and his treasury secretary, Robert Rubin, and Bush and his defense secretary, Donald Rumsfeld, may use different strategies, but they promote the same globalization agenda in which the benefits go to America’s corporate investors—and the costs are paid by ordinary Americans in outsourced jobs, military casualties, and an unsustainable foreign debt.

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  1. Print length
    304 pages
  2. Language
    English
  3. Publisher
    Trade Paper Press
  4. Publication date
    December 1, 2006
  5. Dimensions
    6.18 x 0.86 x 9.22 inches
  6. ISBN-10
    0470098287
  7. ISBN-13
    978-0470098288
  8. See all details
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4.3 out of 5 stars
35 global ratings

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Top reviews from the United States

  • Duane E. Campbell
    5.0 out of 5 stars Valuable information
    Reviewed in the United States on May 13, 2009
    Verified Purchase
    This is an excellent analysis of class and how it functions on a global scale.
    The information on the organizing and selling of NAFTA was superb. I have long worked on the NAFTA issues, but this book provided a deeper , broader view. My own work has been on labor and immigration issues. Jeff Faux covers how NAFTA led to U.S. banks purchasing most of the Mexican banks, and how during the Peso crisis of 1994, the U.S. bailed out the (U.S. owned) Mexican banks.
    As he notes, globalization is at its most advanced stages in finance capital. We have certainly learned this again in the current banking crisis. The robber barons of finance capital have stolen the money, they have looted the treasury and our pensions and now they want to return to business as usual without any significant reform of the economic system. Just give them more tax payer money to bail out the banks.
    William Grieder, in Come Home America; the Rise and Fall ( and redeeming promise) of our Country, notes
    The U.S. has two parallel political systems. The official one, expertly equipped and in charge, produces and distributes political opinions and ideologies from the political class.
    The "other America", weak, dispersed, largely non organized, scattered and passive, is the broad landscape of ordinary people. Our yearnings are silenced, ignored and/or easily manipulated.

    The Global Class War: How America's Bipartisan Elite Lost Our Future and What It will Take to Win it Back, provides extensive information and analysis needed for those of us in the "other America".

    Duane Campbell, author. Choosing Democracy: a practical guide to multicultural education. 4th. edit. 2010. Allyn and Bacon.
    3 people found this helpful
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  • Anne M. Foley
    5.0 out of 5 stars A "backstory" to the last three financial years.
    Reviewed in the United States on December 3, 2011
    Verified Purchase
    This man sat near me in a math class in high school. I knew he was smart, but not how smart. I'm now retired and never heard about him again until I saw him on tv in 2003 when he was shown to be a representative of a think tank. Later I found this book. I'm 71 pages into it and find every paragraph to be an education. The book is well documented, with numerous footnotes and a thorough index.
    3 people found this helpful
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  • Mellow Monk
    4.0 out of 5 stars THIS is what American politics is all about. Everything else is divide-and-conquer distraction
    Reviewed in the United States on December 7, 2009
    Verified Purchase
    This book has its faults--repetition, extraneous detail--but the basic message is the most important one in American politics today: among America's elites, there is no "culture war," no "conservative versus liberal." They have a concrete agenda, and it's all about money. Everything else is political theater. That this message is so seldom communicated makes this book all the more important. Bottom line: The rich are united around a purely economic agenda, and so those of us who have to work for a living should be, too. That's the author's message. Read this book and stop thinking in terms of red versus blue. Because the real political situation is the haves against the have-nots. And compared to what the super-rich haves have, what you and I have is diddly.
    16 people found this helpful
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  • Chris
    5.0 out of 5 stars Love this book
    Reviewed in the United States on December 21, 2016
    Verified Purchase
    Love this book. Goes into great detail about the 70's, 80's and 90's global trends. Honestly enjoyed it a lot better then The Servant Economy. It's packed with a lot more info and details. Highly recommend this book first if you had to choose between the two.
    2 people found this helpful
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  • Striker
    1.0 out of 5 stars shoddy thinking
    Reviewed in the United States on March 29, 2006
    The author believes that France's economy, and socialism generally, is admirable. This, against all evidence to the contrary. Really, how much more of this sort of wishful thinking masquerading as economic analysis are we expected to take? Haven't we had enough demonstration of the falsity of these ideas? As socialist economies drag their shuddering bulks to standstills while the people riot (and rot), we are expected to heed calls to admire, and replicate, their failures. Amazing. Read Hayek. Von Mises. Sowell. Friedman. This guy, here, should never have been published.
    10 people found this helpful
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  • aph
    5.0 out of 5 stars First Class
    Reviewed in the United States on March 19, 2010
    Verified Purchase
    This is an excellent book describing how the middle class is being systematically attacked by the orchestrations of the real pirates of the world, with the conscious intent to take the world back to an age and social system of lords and serfs, not seen for a thousand years.

    I highly recommend this book, though I fear it is too late.
    5 people found this helpful
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Top reviews from other countries

  • Luc REYNAERT
    5.0 out of 5 stars A social model in which the corporate investor is king
    Reviewed in the United Kingdom on November 8, 2010
    Verified Purchase
    With NAFTA as a prominent example, Jeff Faux shows vividly and crystal-clearly how national elites are morphing into a global governing class ('The Party of Davos') and are shaping the new global economy alongside the lines of their neoliberal gospel. Their long arms are the IMF, the WTO and transnational economic agreements.

    Neoliberalism
    For Jeff Faux, neoliberalism is not less than a nihilistic faith in the free market's creative destruction. It is a vision of society where competition for wealth is the only recognized value and where all social decisions are left to the unregulated market. It is a paradise for transnational corporations, which are the instrument to power and wealth of the class that manages them. It redeems thereby the role of democratic national governments to the protection of private property.

    WTO, transnational agreements
    The WTO gospel states that `governments should interfere as little as possible in the economy.' It constitutes supranational governance with a power to overrule the legislation of sovereign States on health care, justice, education or environmental protection. With one exception however: the military which should enforce the domestic order. In one word, it is a fundamentally anti-democratic organization.
    Transnational agreements are used to disconnect the governing classes from the constraints and obligations of their national communities. In fact, they impose a safety net (socialism) for the corporate investors and the brutal force of supply and demand (capitalism) for the rest. It is a form of blackmail for sovereign governments (you do that, or we go).

    Labor
    Labor is the backbone of democracy.
    There should be a universal Bill of Labor Rights with the right to organize (unions), workers rights (no discrimination, no child labor) and the right to form public enterprises.
    Only real democracy can constitute a countervailing power against ruling classes, be they nihilistic, neoliberal, cynical, corrupt, incompetent, selfish or violent.

    Worldview
    A new global player, China, with a monstrous home market and a political stable government, is daily gaining economic, financial and industrial world power.
    The superpower of the 20th century, the US, is fatally wounded. Its industry and services are outsourced, education is bad, and its scientific power is waning. Its national (also consumer) debt, its balance of payments, its trade deficit are out of control. Its health care system is inefficient (15 % of GDP). The question is not: will the dollar fall? But by how much?
    Benjamin Franklin's message is today all too relevant: `We must all hang together, or assuredly we shall all hang separately.'

    Jeff Faux rang a very loud alarm bell. His book is a must read for all true democrats and for all those who want to understand the world we live in.
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  • O. Makoto
    5.0 out of 5 stars scales fell
    Reviewed in Japan on August 9, 2006
    Verified Purchase
    I have heard so many praises for the GLOBALIZATIN, but have seen the more and more serious dificulties fell on the people accompanied by the progress of the GLOBALIZATION. FAUX took off the scales from my eyes. This book is the must-read for all of us who do not like the POVERTY.
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