Summary of Money Makes The World Go Around

Looking for the book?
We have the summary! Get the key insights in just 10 minutes.

Money Makes The World Go Around book summary


8 Overall

6 Applicability

8 Innovation

7 Style


Some books set out to accomplish the impossible and come admirably close. Barbara Garson’s volume is a prime example. Can you deposit money in a little rural bank and really trace its spread across the global monetary system? How do you know that a multi-million dollar loan to, say, shrimp exporters in Thailand, really has anything to do with the actual dollars you deposited? But that’s not the point of this book. The author embarks on a whirlwind, worldwide tour of the global financial juggernaut, and shows how money falls like a drop in a pond and emits waves of disruption that seemingly spread out forever. Garson concludes that deregulation needs to be reigned in, a reasonable anticipation of the Enron mess. highly recommends her book to business people and consumers who want a better feel for what the "global economic order" is all about, why people are protesting at each meeting of the WTO and whether you should be steamed as well.

In this summary, you will learn

  • What happens to money that you deposit in your hometown bank; and
  • How money flows globally.

About the Author

Barbara Garson has written for The New York Times, Harpers, The Washington Post, The Los Angeles Times, The Boston Globe and Newsweek. Her nonfiction writing has earned her a Guggenheim Fellowship, a National Endowment for the Arts Fellowship and a National Press Club Citation. She wrote a best-selling book, MacBird!, two well-known volumes about the workplace, All the Livelong Day and The Electronic Sweatshops, and several plays, including Security and the Obie Award-winning children’s play, The Dinosaur Door.



New World Disorder?

Is the New World Economic Order such a great idea? That may be a question the World Trade Organization ponders every day. Utopian visions of a worldwide monetary system date back to Woodrow Wilson and The League of Nations. However, today’s global village was created according to the ethos of Rupert Murdoch, rather than Eleanor Roosevelt. Considering the current economic difficulties, this is an apt time to consider the effect of the worldwide free flow of capital without regard to national borders or barriers.

Comment on this summary

More on this topic

Customers who read this summary also read

More by category