Crisis as Conquest

Learning from East Asia

By Jayati Ghosh and C.P. Chandrasekar

Published by: Sangam Books Limited, London, 2000

Crisis as Conquest is a forceful and lucidly written tract that helps us understand the inner contradictions of the East Asian Miracle.The East Asian economies had initially developed in opposition to the power of western multinationals. The crisis within these eastern economies has now opened up possibilities of Western conquest, with multinationals from the west buying up bankrupt eastern industrial conglomerates.