Economic Governance in the Age of Globalization. By William Tabb. New York: Columbia University Press, 2004. 528p. $69.50 cloth, $29.50 paper.

Martin Wolf, the influential economic correspondent of Financial Times, concludes his book Why Globalization Works (2004): “What the successful countries all share is a move towards the market economy, one in which private property rights, free enterprise and competition increasingly took the place of state ownership, planning and protection. They chose, however haltingly, the path of economic liberalization and international integration. This is the heart of the matter. All else is commentary” (pp. 143–44).