Outside the Box: How Globalization Changed from Moving Stuff to Spreading Ideas

Outside the Box: How Globalization Changed from Moving Stuff to Spreading Ideas

Book Description
From the acclaimed author of The Box, a new history of globalization that shows us how to navigate its future

Globalization has profoundly shaped the world we live in, yet its rise was neither inevitable nor planned. It is also one of the most contentious issues of our time. While it may have made goods less expensive, it has also sent massive flows of money across borders and shaken the global balance of power. Outside the Box offers a fresh and lively history of globalization, showing how it has evolved over two centuries in response to changes in demography, technology, and consumer tastes.

Marc Levinson, the acclaimed author of The Box, tells the story of globalization through the people who eliminated barriers and pursued new ways of doing business. He shows how the nature of globalization changed dramatically in the 1980s with the creation of long-distance value chains. This new type of economic relationship shifted manufacturing to Asia, destroying millions of jobs and devastating industrial centers in North America, Europe, and Japan. Levinson describes how improvements in transportation, communications, and computing made international value chains possible, but how globalization was taken too far because of large government subsidies and the systematic misjudgment of risk by businesses. As companies began to account properly for the risks of globalization, cross-border investment fell sharply and foreign trade lagged long before Donald Trump became president and the coronavirus disrupted business around the world.

In Outside the Box, Levinson explains that globalization is entering a new era in which moving stuff will matter much less than moving services, information, and ideas.


part i. coming together
1. Global Dreams
2. The First Globalization
3. Retreat
4. North and South

part ii. one world
5. The Container Revolution
6. Hot Money
7. Kindling
8. “A Giant Sucking Sound”

part iii. tales of excess
9. Dentist Ships
10. Hand on the Scale
11. The China Price
12. Capturing Value

part iv. global fears
13. Giants Afloat
14. Risks Unmeasured
15. The Crisis in Global Finance
16. Backlash

part v. the fourth globalization
17. Red Tide
18. Food Miles
19. Broken Chains
20. The Next Wave

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