In this eye-opening and often scathing book, Walden Bello provides a forensic dissection of contemporary capitalism's multiple crises. Trenchant but constructive, Bello's analysis of the collapse of the global real economy - covering such issues as the Wall Street meltdown, the disintegration of the Greek economy and the rise of China - emphasizes the ever more pressing need to engage in a radical process of 'deglobalization' towards a decentralized, pluralistic world system. Only then will we be able to construct a fairer and more equitable society.