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Title: It is the Crisis of World Capitalism- Not Just First world's
Review: The book would better be titled "The First world squeeze", because if we go by the parameters of this book, what we find is a purely First world crisis.This crisis infact looks like a boon for the labour-cheap thirdworld or developing countries. But, combined with the on going hi-tech revolution, it could mean a elite class in the third world also. This is the sort of reality we find, as we observe the yawninig gap in the developing countries also, between its rich and poor. So, it looks like that the world's poor are being pitted agianst the rich and privileged few of the world more and more as the Globalization advances. Going by the present trend in polarisation of the classess world wide it looks-the day is not far off when the working class of the world would rise in unison, to deliver a death blow to the global capitalist system- as predicted by Karl Marx 150 years back.
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