Abstract
The very word “capitalism” offends many people to whom it suggests a jungle-world of unfettered market forces, driven by greed, in which the rich become richer and the poor are neglected or exploited. Can this be the “development” we want for poor countries?
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Notes and References
Moises Naim, Latin America’s Journey to the Market (Panama City: International Ccnter for Economic Growth, 1995).
Simon Kuznets, Towards a Theory of Economic Growth (New York: Doubleday, 1956.)
Nancy Birdsall and Richard Sabot: “Inequality, Exports and Human Capital in East Asia: Lessons for Latin America”, in Redefining the State in Latin America (Paris: OECD, 1994).
Peter L. Berger, The Capitalist Revolution (Basic Books, 1986), p. 74.
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© 1995 William Ryrie
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Ryrie, W. (1995). Is Capitalism Right for the Third World?. In: First World, Third World. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-24205-4_5
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DOI: https://doi.org/10.1007/978-1-349-24205-4_5
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-0-333-65731-7
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