Stiglitz Joseph E, Globalization and its Discontents, published by Allen Lane, printed by Penguin Press, 2002, London, ISBN 0-713-99664-1. Price $ 16.99 pp 282 Joseph Stiglitz in this book, spearheads the much needed and timely attack on the international organisations - the IMF, the World Bank and the WTO - as well as the ‘Western’ industrially developed nations, especially the USA. This attack is not new. During the Cold War era - the Communist Block countries led by the USSR, liberals, socialists and communists around the world - levied allegations and accused these very organisations and countries in helping the West to win their war against Socialism and trying to keep the developing countries under developed. Also the opposition political parties, economists and thinkers, as well as the governments in developing or Third World countries have long accused the IMF, the World Bank and the USA of playing ‘foul’ when negotiating trade, financial and other agreements with these countries. All of them have accused these organisations of harsh conditionality as well as using ‘arm-bending’ tactics, forcing poorer nations to remain poor in the wake of exploiting their natural and human resources.