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Mar 17, 2003 · The reason for this has to do with the phenomenon of market-dominant minorities (MDMs): ethnic minorities who, along with foreign investors, can be expected under free market conditions to economically dominate the "indigenous" majorities around them, at least in the near to midterm future.
- Amy Chua
- 2003
World on Fire introduces several: “ ‘leveling the playing field’ between market-dominant minorities and the impoverished ‘indigenous’ majorities around them;” giving majorities “a greater stake in global markets;” the promotion of “liberal rather than illiberal democracies;” and initiatives by market-dominant minorities ...
Jan 1, 2003 · The result is an ethnically combustible situation that will typically lead to one of three kinds of backlash: (1) a backlash against markets (e.g., through ethnically targeted confiscation or...
Mar 23, 2021 · Adding democracy to this volatile mix unleashes suppressed ethnic hatreds and brings to power ethno nationalist governments that pursue aggressive policies of confiscation and revenge.
The reason for this has to do with the phenomenon of market-dominant minorities (MDMs): ethnic minorities who, along with foreign investors, can be expected under free market conditions to economically dominate the "indigenous" majorities around them, at least in the near to midterm future… Expand. View via Publisher. Save to Library. Create Alert.
Jan 6, 2004 · World on Fire: How Exporting Free Market Democracy Breeds Ethnic Hatred and Global Instability Paperback – January 6, 2004 by Amy Chua (Author) 4.5 4.5 out of 5 stars 217 ratings
Amy Chua's remarkable and provocative book explores the tensions of the post-Cold War globalising world. As global markets open, ethnic conflict worsens and democracy in developing nations can...
