How Rich Countries Got Rich and why Poor Countries Stay PoorConstable, 2007 - 365 pages
Reinert presents a strongly revisionist history of economics and shows how the discipline has long been torn between the continental Renaissance tradition on one hand and the free market theories of English and later American economics on the other. He argues that our economies were founded on protectionism and state activism and could only later afford the luxury of free trade. When our leaders come to lecture poor countries on the right road to riches they do so in almost perfect ignorance of the real history of mass affluence. |
From inside the book
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... Third World by eating less ourselves - at the moment famines are essentially caused by a lack of purchasing power rather than a lack of world supply - we do not create development in the Third World by closing down First World ...
... world community has largely given up developing the poorest countries . In the Millennium Goals , which took over from the ' development decades ' , the ambition to develop the Third World has been toned down considerably in favour of ...
... third factor explaining wealth , the synergy effects , is frequently non - existent in the kind of production which ... world markets . In most of the Third World today this situation is turned upside down : wages are lowered in order to ...
Contents
Discovering Types of Economic Theories | 1 |
The Evolution of the Two Different Approaches | 21 |
How Rich Countries Got Rich | 71 |
Copyright | |
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Other editions - View all
How Rich Countries Got Rich ... and Why Poor Countries Stay Poor Erik S Reinert Limited preview - 2019 |
How Rich Countries Got Rich ... and Why Poor Countries Stay Poor Erik S. Reinert No preview available - 2019 |