Amy Chua, World on Fire: How Exporting Free Market Democracy Breeds Ethnic Hatred and Global Instability. (United Kingdom: Arrow Books, 2003) Book Critic
4 Pages Posted: 19 May 2015
Date Written: September 17, 2014
Amy Chua's central thesis is that there is a major negative intercept between western modelled capitalism and western democracy exported to other parts of the world. Chua separates her thesis into four parts; the economic impact of globalisation, its political implications, ethnonationalism and and the future of free market democracy. Her argument is that free markets create minorities in developing (non-western) countries. These minorities gain access to capital power increasing the disparity between the rich and the poor, increasing resentment of the minority by the majority. On the other hand, the majority are made aware of their political and economic entitlements by tools of democracy thereby creating a conflict between the possessions of the minorities and the entitlements of the majority. is Amy's thesis water-tight?
Keywords: democracy, free-markets, capitalism, minority, majority, globalisation, world, ethnonationalism
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