Classical political economy was forged in the same furnaces that
spawned the Industrial Revolution. Globalization is the beginning
of the end of industrialization, the completion of the Industrial
Revolution, the long-awaited development of the undeveloped and
underdeveloped world. This fulfillment of the industrial revolution
brings that revolution full circle. The world has turned along with
the wheels of industry, and socio-economic institutions have been
transformed. To understand the ideas and practices of
industrialization it is necessary to return to the principles of
classical political economy - principles that are ultimately
derived from the same source as the Industrial Revoution. The
intellectual revolution that began with Adam Smith must also come
full circle. This book explores the political economy of
globalization and argues for one hundred distinct theses requisite
both for a theoretical understanding of the processes of
globalization and for the formulation of practical policy measures
that put these developments in historical perspective. Includes a
detailed glossary and annotated bibliography.
General
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