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Hardcover In Praise of Empires: Globalization and Order Book

ISBN: 1403936390

ISBN13: 9781403936394

In Praise of Empires: Globalization and Order

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In this timely and controversial book, economist Deepak Lal explores the twin themes of empires and globalization and discusses the place of the US in the current world order. In Praise of Empires argues that not since the fall of the Roman empire has there been a potential imperial power like the United States today, and asks the question: Is a US impirium needed for the globalization which breeds prosperity? What form should this empire take - a...

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Andrew Roberts reviews In Praise of Empires by Deepak Lal

From The Daily Telegraph London January 01, 2005 Why we need empires Andrew Roberts Deepak Lal is the nephew of a former mayor of Delhi and Nehru cabinet minister who was imprisoned by the British. Lal is himself a former Indian foreign-service diplomat, Oxford economics don, research administrator for the World Bank, the author of 19 books, and professor of international development at UCLA. He began life believing in the socialist and nationalist ideologies of post-independence India, and so is the ideal person to write a book with the title In Praise of Empires. "It is evidence and experience," Lal says, "especially in working and travelling in most parts of the Third World during my professional career, which have led me to change my earlier views." In only 216 pages of tautly written, sharply worded and frankly exhilarating text, Lal sets out the case for imperialism in the modern world, and why the United States could bring untold benefits to the planet if only it could shrug off the notion, held ever since the Revolutionary War-era, that empires are bad things per se. "The order provided by empires," Lal argues, "has been essential for the working of the benign processes of globalisation, which promote prosperity." This splendidly revisionist statement is supported by a wealth of evidence and acutely chosen statistical tables, backed up by an impressive range of sources from fellow intellectuals. Drawing on the ideas of Raymond Aron, Hedley Bull, Niall Ferguson, Michael Oakeshott and many others, Lal none the less constructs his own analysis of where the English-speaking peoples have been, where we're headed and what might happen if we choose not to go there. As one would expect from such a distinguished scholar, Lal defines his terms carefully, thus: "Globalization is the process of creating a common economic space which leads to a growing integration of the world economy through increasingly free movement of goods, capital and labour," something that he believes is almost always "a positive sum game". Modern America can choose to go down the route of free trade and laissez-faire, thereby enriching the world as well as itself, or it can stick with the New Deal-era populist anti-trust legislation and trade-reciprocity that Lal believes impoverishes both the world and the United States itself. "Not since the fall of the Roman Empire has there been a potential imperial power like the US today," Lal states, and the role that has been thrust upon her by History, one that she must not now shirk, is to create what he calls a "LIEO", a Liberal International Economic Order. The main attributes of the LIEO imposed by the British in the 19th century were free trade, free mobility of capital, sound money due to the gold standard, property rights guaranteed by law, piracy-free transportation thanks to the Royal Navy, political stability, low domestic taxation and spending, and "gentlemanly" capitalism run from the City of London. "Despite Marxist
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