Tag Archives: development

Industrialization Has Always Sucked–But Does It Have To?

Historically, industrialization has always been a painful process whose benefits are not immediately accessible to the masses.  But this has less to do with some kind of iron-clad economic law, and more to do with the distribution of power in … Continue reading

Posted in History, Political Economy | Tagged , , , , , , , , , , , , | Leave a comment

Capitalist Imperialism: Mainstream Economics Edition

Three recently released economics papers come amusingly close to validating typical Marxist arguments about the dynamics of global capitalism and its imperialist nature. 

Posted in History, Political Economy | Tagged , , , , , , | 1 Comment

Possible Signs of World-Capitalism’s Deteriorating Productivity

Two articles caught my attention today, both from the New York Times.  The first is an article by Tyler Cowen, one of the two editors of the blog Marginal Revolution.  Cowen posits that the explosive growth of the developing economies … Continue reading

Posted in Political Economy | Tagged , , , , , , | 2 Comments