Expectations of Modernity: Myths and Meanings of Urban Life on the Zambian Copperbelt
Ferguson is an astute analyst of ideologies of development and the misunderstandings they can generate. In this impressive study of economic decay and its social impact in Zambia, he brilliantly challenges the lingering assumptions of modernization theory to show how mineworkers are adapting to ever-shrinking incomes, diminished self-respect, and growing dependence on rural kinship networks for support in their old age. He focuses mainly on the micropolitical economy of the miners who make or prepare to make a painful migration back to the land. He also deconstructs the mythology of modernization that pervaded the anthropology of central Africa 40 years ago, in particular its misreading of trends in African family life. In his conclusion, Ferguson unleashes a broadside against the brutalities of a global capitalism that can so cruelly dash the aspirations of a country like Zambia and calls for a new politicized humanitarianism to push the issue of global inequalities higher on the world's agenda.
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The information economy creates both opportunities and challenges for global trade. The United States must lead its trading partners and multilateral organizations to extend the free-trade, open-market principles that govern physical goods to cover the intangible products now zipping through wire and air. Trade policy can lay the path for future growth in the new economy -- or block it.
The United States is obsessed with its ever-growing trade deficit. Yet trade is no longer a valid measure of global competitiveness. Today U.S. firms compete in the world marketplace through foreign-affiliate sales instead of exports -- and they do so with unparalleled success. Overblown fears about the burgeoning trade deficit, along with a slowing U.S. economy, could spark protectionist policies in Washington, which could then trigger retaliations around the globe. This outcome -- not the size of the trade deficit -- is the greatest danger.

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