The economist Alice Amsden’s work unmasked the dirty secret underlying capitalist development: it relied on states breaking all the rules of the free market. But her work also showed that industrialization required corporate discipline, not welfare. For American defenders of economic liberalism and free markets, China’s rise has been deeply disorientating. Unmoved by concerns about […]| Developing Economics
by Jawied Nawabi* At least, since the end of WWII the world has advanced significantly in scientific knowledge, technology, and the institutionalization of universal human rights conventions, yet there still prevails enormous levels of inequality, malnutrition, and poverty in the world. With all our advancements in the social sciences in the past seven decades on how […]| Economic Sociology & Political Economy
by Yingyao Wang* The technocratic project, which once captured political imagination with its potential to manage society and the economy could be managed with rationality and scientific knowledge,…| Economic Sociology & Political Economy