How Asia Works
jar? In this book I intend to demonstrate that the major stumbling block that keeps the rest of the world from benefiting from capitalism is its inability to produce capital. Capital is the force that raises the productivity of labor and creates the wealth of nations.
Hernando De Soto • The Mystery of Capital
Have you ever wondered why so many developing economies—the successful ones, I mean—rise to prosperity through exports and tradable goods? There are a few reasons for this, but one is that the external world market provides a real measure of value. If you are exporting successfully, it’s not based on privilege, connections, corruption, or fakery. S
... See moreTyler Cowen • The Great Stagnation: How America Ate All The Low-Hanging Fruit of Modern History, Got Sick, and Will (Eventually) Feel Better: A Penguin eSpecial from Dutton
It is not at all clear how the poorest countries in Asia and Africa will manage to dramatically improve their prospects in a world that no longer needs untold millions of low-wage factory workers.
Martin Ford • Rise of the Robots: Technology and the Threat of a Jobless Future
Developmentalism was, after all, a Western model. By adopting the growth-at-all-costs agenda and by looking to the West as the apex of economic achievement, global South countries missed their opportunity to chart an alternative trajectory from the outset – one that would be rooted in care, ecology and sustainability; one that would draw on rather
... See moreJason Hickel • The Divide: Global Inequality from Conquest to Free Markets
