Poverty From The Wealth of Nations: Integration and Polarization in the Global Economy since 1760

by Mohammad Shahid Alam

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.

230 pages, Hardcover

First published January 1, 2000

About the author

Mohammad Shahid Alam (M. Shahid Alam) is a Professor of Economics at Northeastern University, Boston. His writings have appeared in leading economics journals, including American Economic Review, Cambridge Journal of Economics , and Kyklos. His books include Poverty From The Wealth Of Nations (2000).