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Martin Wolf explains how such progress depends on the spread of liberal capitalism and how this necessarily involves further globalization. He refutes with care and remarkable politeness the ill-considered arguments of his opponents.
The book's outstanding quality derives from the author's passionate goodwill for humanity and the controlled patience which he has brought to the rebuttal of arguments which are often exceedingly weak or even downright silly.
Being on the side of the angels is not enough to produce a great work but, as the author has the additional qualities of an incisive mind and elegant style, the result is a book which will increasingly be recognised as a classic.
My main fear was that there would be little in the way of new material for someone who has been an avid reader of Wolf's articles in the FT and who has read other authors on the subject. However, there is such a wealth of interesting detail and originality in the analysis that this book is a must read for everyone.
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