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Showing posts with the label industrialisation

Review of “What Went Wrong”

Saying that Lewis was a historian of “vast erudition” and “ a usually very good author” is very arguable.  The review though is good. Note that on the demographic ‘problem’ the current fertility rate in countries like Iran, Turkey, Tunisia, and Saudi Arabia is similar to France’s (see fertility rates of each country on wikipedia). The question remains: it is about the form of economic development.  What Went Wrong

Ages of American Capitalism by Jonathan Levy

This book is definitely a must read. It implies though that there is no alternative to capitalism. State intervention should remedy the ills of the system. The review concludes with a typical misleading suggestion: “If Biden truly intends to establish a more just and egalitarian economic order, he would do well to consult both the achievements and the tragedies of U.S. development documented in Levy’s book.” The use of the comparative form implies that there is already a sort of ‘just and egalitarian economic order’, which an absurd thing to say. Biden could make that order more just and egalitarian. Why does one not just state: “if Biden truly intends to establish a just and egalitarian order...”? Portrait of the United States as a Developing Country