Synopsis Globalization has become the clich? of our times. The neo-liberal virus has struck almost everybody including within the ranks of the left. The proponents of neo-liberal globalisation claim that it produces “accelerated, efficient” development along with a deepening of democracy and human rights. However, reality shows the opposite and any rigorous examination of such arguments reveals their shallowness and inconsistency. This book underscores the point that current economic disasters are not the “price” we have to pay for a transition towards the promised paradise, but on the contrary are bound to get worse as long as neo-liberal economic policies are pursued. With the help of case studies, statistical data and cogent analysis, the book debunks several myths associated with globalization processes.