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In Defense of Global Capitalism

In Defense of Global Capitalism
In Defence of Global Capitalism.jpg
Cover of the US version of the book
Author Johan Norberg
Original title Till världskapitalismens försvar
Country Sweden
Language Swedish
Subject Globalization, capitalism, free trade
Publisher Timbro (Sweden)
Publication date
May 2001
Media type Print (hardcover & paperback)
Pages 277
ISBN
OCLC 52575540
330.12/2 22
LC Class HB501 .N6713 2003
Followed by När människan skapade världen

In Defense of Global Capitalism (in Swedish: Till världskapitalismens försvar) is a book by Swedish writer Johan Norberg promoting economic globalization and free trade. The book was originally published in May 2001 by the Swedish think tank Timbro. Since then, a number of translations into other languages have followed.

In the book, Norberg examines the arguments put forward by the anti-globalization movement. According to Norberg, "the diffusion of capitalism in the last decades has lowered poverty rates and created opportunities for individuals all over the world. Living standards and life expectancy has risen fast in most places. World hunger, infant mortality, and inequality have diminished. This is because of economic and technological development that is the result of free market policies. The poor countries that have liberalized their economies have shown impressive results, while those that have not are stuck in deep misery. Therefore, we need more capitalism and globalisation if we want a better world, not less".

As of 2008, the book has been translated into a dozen of languages including: English, German, Dutch, Turkish, Estonian, French, Finnish, Spanish, Chinese, Polish, and Czech. Additional translations are available in Arabic, Russian and Mongolian.

The book was also the basis for the Channel 4 2003 documentary film Globalisation is Good, which was presented by Norberg.

Nick Gillespie, editor-in-chief of Reason, wrote on the book: "A powerful moral and economic case for globalization. Norberg throws rhetorical Molotov cocktails both at left-wing critics who would condemn developing countries to poverty by insisting on First World workplace and environmental standards as a prerequisite for trade and at Western governments whose free market rhetoric is shamefully undercut by draconian tariffs on textiles and agriculture, the two areas in which the developing world can actually compete."


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