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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'This powerful and persuasive book is must reading for anyone who wants to fathom the origins and contours of international inequality and conflict in our times.' - Professor John Adams, Center for Asian Studies, University of Virginia
'Everyone who believes that colonialism was good for the colonized people should read this book. [It] challenges the notion that global integration and an unfettered market transformed backward regions and modernized their society, economy and polity.' - Professor Keith Griffin, Department of Economics, University of California at Riverside
'Everyone who believes that colonialism was good for the colonized people should read this book. [It] challenges the notion that global integration and an unfettered market transformed backward regions and modernized their society, economy and polity.' - Professor Keith Griffin, Department of Economics, University of California at Riverside