There are alternatives: neo-liberalism and alternatives; plan of the book; the political context of economic alternatives; the limits of state action. Part 1 Neoliberal myths and the meaning of markets: international commerce and economic development - the context -current globalization, neo-liberal theory, historical experience - a brief sketch, re-examining the theory of international trade and investment, globalization and development options; economic growth and the distribution of income - what's been happening to income distribution? the neo liberal justification of inequality, income inequality and economic growth - the record, why is relative income equality good for economic growth? income distribution and growth -the lessons; the social construction of markets - the construction of markets - illustrations, market basics, where markets come from - the role of the state, the role of markets in economic development. Part 2 A strategy for democratic economic development: the bases of a democratic alternative - definitions and context, democratic economic development, the context for alternatives; macroeconomic foundations of a democratic strategy - where can the money come from? the feasibility of higher taxes, the need for capital controls; social programmes as the core of a democratic strategy - the core of democratic development, education in a democratic development strategy, other social programmes and democratic development; democratic development and the shaping of private activity - some principles for directing the private sector, pushing towards the technological "high road", the value of local production. Conclusion: power and politics in the pursuit of democratic development, the agents of change, the globalization of politics.