Episode III: The New Rules of the Game

Chapter 1: Prologue

• Unforeseen risks
• A single market no one controls
• Title sequence
• Who will rewrite the rules?

Chapter 2: The Global Idea

• 1992: America's economy adrift
• Governor Clinton campaigns
• Wall Street's agenda
• A meeting of minds

Chapter 3: NAFTA: The First Test

• Trade becomes the issue
• That giant sucking sound
• Clinton shifts his ground
• Labor betrayed?

Chapter 4: Crossing Borders

• Investment pours into Mexico
• An American boom
• Who wins; who loses?
• The balance of bargaining power

Chapter 5: The Global Market

• Trade goes invisible
• Markets are us
• French culture at risk?
• Pensions must go global

Chapter 6: Emerging Market Hunters

• Capturing returns
• Opening borders
• No need to be nice
• Thwarting Marx's predictions

Chapter 7: Averting a Meltdown: 1994

• Assassinations and revolt
• Capital gets nervous
• Fishing in the Caribbean
• Moral risk in Mexico

Chapter 8: The Global Village

• Communication explodes
• A borderless world
• Venture's capital
• Talent flows, too

Chapter 9: China and the Tigers

• David Lee goes home
• China's free-trade zones
• Immigration's next wave
• Singapore's "miracle"

Chapter 10: The Japanese Paradox

• Invincibility evaporates
• Economic contradictions
• A mountain of bad debt
• Killing off new ideas

Chapter 11: Global Contagion Begins

• Begging us to borrow
• Flaws in the system
• Building the bubble
• Shorting the baht

Chapter 12: Contagion Engulfs Asia

• America doesn't intervene
• Indonesia implodes
• Economic colonialism?
• Korea at the brink

Chapter 13: Russia Defaults

• Markets in denial
• Countries do go broke
• Russia defaults
• Panic in action

Chapter 14: The Crisis Reaches America

• Long Term Capital Management
• Brazil at risk
• Is it over yet?
• Thailand after the fall

Chapter 15: The Global Debate

• New risks, new requirements
• Easier said than done
• A new locus for rebellion
• Anti-globalization is born

Chapter 16: The Battle Joined

• The streets of Seattle
• A global labor contradiction
• Invisible beneficiaries
• A free-trade double standard?

Chapter 17: Failure at the Summit

• Clinton in a corner
• Not seeing eye to eye
• Getting off foreign aid
• The World Bank under attack

Chapter 18: The Global Divide

• Poverty no one can ignore
• Can a one-world market help?
• Earning legitimacy
• Why is it growing worse?

Chapter 19: Capitalism Redefined

• A tool for the poor to prosper
• What's missing in Peru
• Property, law, and trust
• On the slopes of Kilimanjaro

Chapter 20: The Bottom End of Globalism

• The moral problem
• Snake kids
• Oliver Twist has a television
• Clinton's farewell

Chapter 21: Changing of the Guard

• The trade agenda moves forward
• Bush meets Fox in Mexico
• NAFTA plus
• A raison d'etre for the left

Chapter 22: The Battle Resumed

• Quebec City, 2001
• The revolution will be streamed
• Protests without solutions
• The wrong diagnosis?

Chapter 23: 9/11

• Things can go in another direction
• Terrorism and recession
• Doha: The next round begins
• Increasing the odds for peace