False Dawn · the Delusions of Global Capitalism

Hailed by Kirkus Reviews as both "a convincing analysis of an international economy" and "a powerful challenge to economic orthodoxy" False Dawn proposes that the attempt to impose the Anglo-American-style free market on the world will create a disaster on the scale of Soviet communism. Gray believes that even America the supposed flagship of the new civilization is doomed to moral and social disintegration as it loses ground to cultures that have never forgotten that the market works best when it is embedded in society.