Includes bibliographical references and index.

From the great transformation to the global free market
Engineering free markets
What globalization is not
How global free markets favour the worst kinds of capitalism: a new Gresham's Law?
The United States and the utopia of global capitalism
Anarcho-capitalism in post-communist Russia
Occidental twilight and the rise of Asia's capitalisms
The end of laissez-faire

"In a book that effectively predicted the collapse of the Asian markets, John Gray argues that the attempt to impose the Anglo-American-style free market on the world will create a disaster on the scale of Soviet communism. Even America, the supposed flagship of the new civilization, is doomed to moral and social disintegration as it loses ground to other cultures that have never forgotten that the market works best when it is embedded in society. False Dawn is one of the most passionate polemics against the utopia of the free market since Carlyle and Marx. Book jacket."--Jacket