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Poverty from the Wealth of Nations: Integration and Polarization in the Global Economy Since 1760

Poverty from the Wealth of Nations: Integration and Polarization in the Global Economy Since 1760

Hardcover

EconomicsGeneral Sociology

ISBN10: 0333779312
ISBN13: 9780333779316
Publisher: Palgrave Macmillan
Published: Mar 17 2000
Pages: 215
Weight: 0.99
Height: 0.69 Width: 5.50 Depth: 8.50
Language: English
In Poverty from the Wealth of Nations, the author presents an analysis of the evolution of global disparities that goes beyond the earlier neo-Marxist critiques of global capitalism. He moves beyond their narrative by inserting two additional asymmetries into the global economy - those created by 'unequal races' and unequal states. The author analyzes not only the power of markets, but the powers that shaped these markets. More importantly, he marshals cross-country evidence to show that loss of sovereignty retarded industrialization, human capital formation and economic growth.

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