World on Fire: How Exporting Free Market Democracy Breeds Ethnic Hatred and Global Instability

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Arrow, 2004 - Business & Economics - 346 pages

Amy Chua's remarkable and provocative book explores the tensions of the post-Cold War globalising world. As global markets open, ethnic conflict worsens and democracy in developing nations can turn ugly and violent. Chua shows how free markets have concentrated disproportionate, often spectacular wealth in the hands of resented ethnic minorities - 'market-dominant minorities'. Adding democracy to this volatile mix can unleash suppressed ethnic hatred and bring to power 'ethno-nationalist' governments that pursue aggressive policies of confiscation and revenge. Chua also shows how individual countries may be viewed as market-dominant minorities, a fact that could help to explain the rising tide of anti-American sentiment around the world and the visceral hatred of Americans expressed in recent acts of terrorism.

Chua is not an anti-globalist. But in this must-read bestselling book she presciently warns that, far from making the world a better and safer place, democracy and capitalism - at least in the raw, unrestrained form in which they are currently being exported - are intensifying ethnic resentment and global violence, with potentially catastrophic results.

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About the author (2004)

Amy Chua is a professor at Yale Law School and lectures frequently on the effects of gloabalization to government, business, and academic groups around the world. She lives in New Haven, Connecticut. Her title Battle Hymn of the Tiger Mother made The New York Times Best Seller List for 2012.