The Price of a Bargain: The Quest for Cheap and the Death of Globalization Review

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The Price of a Bargain: The Quest for Cheap and the Death of Globalization ReviewThe Price of a Bargain goes deep into a subject many people probably don't think anything about. Most people probably think that a bargain is always a good thing, but as Laird points out with great detail and well researched reporting, a bargain may not always be good for everyone. The rise of globalization, big box stores like Wal-Mart and Home Depot, and the interdependence of the global supply-chain have all made the world very unstable. All of these recent developments depend on cheap energy supplies to fuel the container ships that drive the globalized delivery system. They also rely on a huge supply of cheap labor. With the rise of oil prices around the world and the rising wages of Chinese workers, both of these defining assumptions are coming to an end and the implications for a consumer driven world may be catastrophic.
Laird's approach is sometimes long-winded, but he focuses on the true price of a bargain by coming at the issue from many different angles. In the end, The Price of a Bargain makes a convincing case that in today's economy, we are not actually paying the true cost of what we buy. Pollution, climate change, health issues, labor unrest - all of these costs are not being reflected in the price we pay for flat-panel TV's, plastic toys, and cheap clothing shipped to us from the other side of the world.
The Price of a Bargain is a wake-up call. I highly recommend you heed the buzzer and not just hit the snooze button as we have been doing for so long.The Price of a Bargain: The Quest for Cheap and the Death of Globalization Overview

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