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Uncover the sinister world of diamond smuggling and its devastating impact on the people of Sierra Leone in Greg Campbell's Blood Diamonds. Follow the trail of these "blood diamonds" from West Africa to the hands of unsuspecting consumers worldwide, revealing the complicity of the international diamond industry. Through his award-winning journalism, Campbell exposes the brutal realities of the rebel war and the policies that have allowed this tragedy to occur. This gripping tale is a must-read for anyone interested in global issues, international trade, and human rights abuses." Recommended for those interested in international relations, economics, and social justice, Blood Diamonds sheds light on the dark and dangerous world of diamond smuggling. Greg Campbell's investigation into this global issue reveals the complicity of the international diamond industry and the devastating impact on the people of Sierra Leone. This book is particularly relevant for students of international trade, human rights, and conflict resolution, as well as professionals in the diamond industry and those interested in social justice causes. The updated epilogue provides valuable insights into the ongoing repercussions of this tragedy.
In "Bad Samaritans," economist Ha-Joon Chang challenges the conventional wisdom of free-market globalization and its champions like Thomas Friedman. Using humor and historical examples, Chang argues that protectionism and government intervention are the true keys to prosperity for today's economic superpowers. He exposes the myths of free-market ideology, including the hypocrisy of patent and copyright protection, and the false assumption that centrally planned economies stifle growth. This provocative and contrarian history of global capitalism will challenge your assumptions and make you think twice about the policies we force on developing nations. Recommended for students of economics, political science, and global studies, as well as anyone interested in the history and politics of globalization and economic justice. This book will appeal to those who question the orthodoxies of free-market capitalism and want to explore alternative models of economic development. It will also be of interest to activists and policymakers concerned with the impact of globalization on developing nations and the role of government in promoting economic growth. Chang's engaging style and irreverent wit make this a thought-provoking and accessible read for anyone seeking a deeper understanding of the complex issues surrounding global capitalism.
Africa has a rich history and culture, but its past is marked by a legacy of colonialism that has had long-lasting effects on its economic and political development. Colonialism is the practice of one country or nation taking control of another country or territory for its own benefit. In Africa, this often involved European powers exerting their influence and control over the continent and its people. The long-term effects of colonialism on Africa's economic development and governance are still being felt today. One of the ways that colonialism impacted economic development in Africa was through the exploitation of natural resources. European powers took advantage of the continent's vast resources, including minerals, timber, and agricultural products, often without properly compensating the local people. This led to the development of an extractive economy that was heavily reliant on exports of raw materials, rather than developing local industries that could add value and create jobs. This legacy of extractive economies has made it challenging for many African countries to diversify and grow their economies. In terms of governance, colonialism also had a significant impact on the political systems and institutions that exist in many African countries today. European powers often imposed their own political systems and values on the continent, disregarding local customs and traditions. This has led to the creation of artificial borders, ethnic and tribal tensions, and a legacy of authoritarian rule that is difficult to overcome. In many cases, African countries have struggled to establish stable and effective governance systems that can provide for their citizens and ensure their well-being. One of the key academic concepts related to the long-term effects of colonialism in Africa is the idea of "neocolonialism." This refers to the continued influence of former colonial powers on African economies and politics, even after independence. For example, many African countries are still reliant on foreign aid and loans from former colonial powers, which can come with strings attached that limit their sovereignty and ability to make decisions that are in the best interests of their citizens. Leading academics in the field of colonialism and its effects on Africa include scholars like Walter Rodney, Frantz Fanon, and Achille Mbembe. These thinkers have written extensively on the subject, providing insights into the historical and contemporary issues that continue to shape the continent. By delving deeper into the complex issues surrounding the long-term effects of colonialism in Africa, students can gain a better understanding of the continent's history and its current challenges, as well as develop critical thinking skills and an appreciation for the complexities of global systems and institutions.
How did the Winnebago tribe of Nebraska turn their extreme poverty into prosperity through self-determination? Learn how their success story is inspiring Harvard's Project on Indigenous Governance and Development.
Are you curious about how the world's economy has shifted over the past two centuries? Richard Baldwin's 'The Great Convergence' offers a fresh perspective on globalization and its impact on the world's income distribution. Baldwin explains how the industrial revolution and information technology have driven the Great Divergence and the Great Convergence, respectively. This insightful book explores the challenges that nations face in maintaining growth and social cohesion in our rapidly changing global economy. Discover how technological advancements have transformed the way we think about globalization and its impact on our world today." Recommended for economics students, policymakers, and anyone interested in understanding the changing landscape of the global economy. This book is particularly relevant for those interested in the impact of technology on globalization and its effects on income distribution. The author's analysis of the Great Divergence and the Great Convergence offers a unique perspective on the history and future of globalization. This book is also relevant for those interested in the challenges that nations face in maintaining growth and social cohesion in our rapidly changing world.
European Union (EU), European Community (EC) and the Eurozone are complex political and economic concepts that are closely intertwined and often used interchangeably. However, they are not exactly the same thing. Understanding the differences between these three concepts is crucial for anyone interested in the study of European politics and economics. The European Community was established in 1957 with the signing of the Treaty of Rome. It was created to promote economic cooperation between European countries and to help create a common market. The European Community consisted of three main institutions: the European Commission, the Council of the European Union, and the European Parliament. In 1993, the Maastricht Treaty transformed the European Community into the European Union. The EU expanded the scope of cooperation between European countries, now covering a wider range of policy areas such as justice, foreign policy, and defense. The EU has 27 member countries and operates through the same three institutions as the European Community. The Eurozone, on the other hand, is a monetary union within the EU that consists of 19 countries that have adopted the euro as their currency. The purpose of the Eurozone is to promote economic integration and stability in Europe through the use of a common currency. Leading academics in the field, such as John Peterson and Andrew Moravcsik, have made significant contributions to our understanding of the EU, EC and the Eurozone. Peterson's work focuses on the development of the EU's institutional structure and its impact on member states, while Moravcsik's research examines the EU's decision-making processes and its role in global governance. So, what makes these three concepts different from each other? The European Community was established to promote economic cooperation, the EU expanded the scope of cooperation to cover a wider range of policy areas, and the Eurozone is a monetary union within the EU that uses a common currency. By understanding the differences between the EU, EC, and Eurozone, students can gain valuable insights into the workings of the European Union and the impact it has on its member states.
Capitalism is an economic system that has been around for centuries and is based on buying and selling goods and services for profit. It operates on the laws of supply and demand, with traders selling their goods at the highest possible price while competition keeps prices efficient. Learning about capitalism can help students understand the relationship between capital and labor, as well as the power dynamics that can arise when capitalism gains too much power. Additionally, studying capitalism can help students understand the inequalities of wealth that can arise from it and the need for checks and balances. While there are criticisms of capitalism, it remains a dominant economic system in the world today. By exploring this topic, students can gain a deeper understanding of the economic forces that shape our world and make informed decisions about their own financial futures.
Did you know that ketchup, the ubiquitous American condiment, has roots in China and Southeast Asia? And that it's used in surprising ways around the world, including in ketchup cake? The current trade war has even put ketchup in the spotlight, revealing how countries use symbolic products to retaliate. Learn about the history and global impact of ketchup, and discover how cultural stereotypes are exposed during trade wars.
Discover the hidden world of Glasgow's "Sugar Aristocracy" and the Scottish connection to Caribbean slavery, 1775-1838, in a new book-length study by (Author). Explore the influence of metropole and colony in this innovative analysis, using a broad range of sources to illuminate the business practices and financial dealings of West India merchants and planters.
Enter the mind of Adam Smith, the father of modern economics, and explore his magnum opus, 'The Wealth of Nations'. This classic work, considered the first modern work of economics, delves into the nature and causes of wealth in society. Smith's insights on political economy and moral philosophy continue to shape economic thought today. With an unabridged and illustrated eBook report, readers can navigate through Smith's complex ideas with ease. Discover the antidote to superstition and enthusiasm with 'The Wealth of Nations'." Recommended for students of economics, political science, and philosophy, as well as anyone interested in the history of economic thought. This book provides a foundational understanding of modern economics and the role of government in shaping economic policy. Additionally, those interested in the intersection of morality and economics will find Smith's insights on the subject thought-provoking. The book is also valuable for professionals in the fields of finance and business, as it offers a historical perspective on the evolution of economic systems. Overall, 'The Wealth of Nations' is a must-read for anyone seeking to deepen their understanding of economics and its impact on society.
Discover how a bankrupt Venetian merchant's risky trade for pepper led to a gateway of riches, and how spices became the marquee good of medieval high society.
Ahoy, matey! Are you ready to set sail on a journey through the hidden economics of piracy? In "The Invisible Hook", Peter Leeson explores the rationality behind pirates' notorious behavior, from their "pirate code" to their search for plunder. But that's not all - Leeson argues that pirates were actually pioneers of remarkable practices, such as constitutional democracy and workers' compensation. He even suggests that pirates exemplified the virtues of vice, proving that anarchy could be organized. Join Blackbeard, Black Bart Roberts, and Calico Jack Rackam on this swashbuckling adventure through history's most colorful criminals. Recommended for history buffs, economics students, and anyone interested in the intersection of rationality and criminal behavior. This book offers a unique perspective on piracy, revealing the economic forces that drove pirates to adopt certain practices and behaviors. It also highlights the surprising ways in which pirates were ahead of their time, from their adoption of constitutional democracy to their early system of workers' compensation. The book's exploration of the virtues of vice and the organization of anarchy may also appeal to those interested in political philosophy and sociology. Overall, "The Invisible Hook" is a fascinating and entertaining read that sheds light on a little-understood aspect of history.
Imagine traveling on a high-speed train from Cape Town to Tunis, passing by the best universities in the world, breathtaking farmland, bustling metropolises, and vast solar panels. This is the promised land of Africa, a continent that powers the global economy and is unified into a shared economic and political vision. By learning about the history of Africa's resource control and rejection of Western development aid, you can understand how the continent is now able to prosper without interference. This knowledge not only benefits you intellectually but also practically, as it offers an escape to those in the Diaspora trapped in the West facing racism, poverty, and criminal injustice. Explore this topic through reading, reflection, writing, and self-directed projects, and discover the wealth of knowledge and opportunities that Africa has to offer.
Are you interested in exploring the revolutionary ideas that have shaped our society? Karl Marx, a philosopher and historian, is known for his critical thinking and analysis of the social and economic systems of his time. Through his writings, Marx sought to reform the ruling class and promote communism. By exploring Marx's work, you will gain insight into the political and economic theories that have had a profound impact on the modern world. Additionally, reading and reflecting on Marx's ideas will help you develop critical thinking and analytical skills that can benefit you academically and professionally. Why not take the first step towards discovering these ideas by delving into Marx's seminal work, The Communist Manifesto?
The Great Depression was a significant global economic crisis that lasted from 1929 to the late 1930s, leading to severe consequences for people worldwide. From the US stock market collapse to failed banks, bankruptcy, and the rise of Hitler's Nazi Party, this period marked a significant turning point in world history. Learning about this critical historical event can provide you with a comprehensive understanding of the economic concepts that govern our lives today. Through exploring the Great Depression, you can develop critical thinking, analytical skills, and a sense of how economic policies shape our world. By understanding the past, we can learn to make better decisions in the future.
Cartels, a combination of two or more companies working together to control prices and restrict competition, have been a hot topic in the economic and political world for centuries. From De Beers, the infamous diamond cartel, to OPEC, the global oil cartel, these organizations have a profound impact on the world's economy and politics. Some cartels, such as De Beers, have been able to maintain their control for decades, while others, like the American sugar cartel in the early 20th century, have been dissolved for violating antitrust laws. So, what makes a cartel legal or illegal? Economist Joseph Stiglitz explains that legal cartels are those that operate within a framework of laws and regulations, while illegal cartels engage in anti-competitive behavior, such as price fixing or market division. Legal cartels, like De Beers, have the potential to increase efficiency and innovation in the market. Illegal cartels, on the other hand, can lead to increased prices for consumers and a decline in market competition. The factors that determine the legality of a cartel also include government intervention, consumer protection, and market conditions. For example, OPEC, while considered a legal cartel, operates within strict regulations set by the governments of its member countries. It's important to understand the impact that cartels have on the global economy and politics. By exploring the complexities and nuances of legal and illegal cartels, you'll take a step further in gaining a deeper understanding of economics and political systems.
As a high school student, have you ever struggled to stay engaged in complex history lessons? In the summer of 1963, a teacher named Henry Littlefield had a brilliant idea to use "The Wonderful Wizard of Oz" to teach American history. He saw connections between the story and the late 19th century Gilded Age, where farmers struggled while industry and finance in the North and East prospered, as well as how the story represented Populism. Littlefield believed that Dorothy represented a typical American girl whose life was turned upside down by powerful forces outside of her control, while the Scarecrow represented the farmer and the Tin Woodman represented the industrial worker. By exploring these connections, students can gain a deeper understanding of the complex social and economic issues of the time. Even though Baum claimed that the book was just an innocent children's story, scholars have found hidden meanings and connections that make it a fascinating subject of study. Learning to uncover hidden meanings and connections in literature can help you become a more critical thinker and better understand the world around you.
Ever wondered why corruption levels vary in African countries? A new study suggests that the legacy of colonial rule may be partly to blame. Find out how British colonial rule may have fostered the corruption of local elites (chiefs) and undermined society's trust in them. Discover the significant welfare implications of this on agriculture, natural resources, mining royalties, public goods, and economic development in many African societies.
Nobel Prize-winning economist Joseph E. Stiglitz's best-selling book "The Price of Inequality" is a powerful indictment of America's growing inequality and its corrosive effects on our economy, democracy, and system of justice. Stiglitz argues that politics, not just market forces, have shaped this vicious circle of inequality, and he exposes the efforts of well-heeled interests to compound their wealth at the expense of true, dynamic capitalism. With characteristic insight, Stiglitz offers a vision for a more just and prosperous future, supported by a concrete program to achieve that vision. Recommended for students of economics, political science, and sociology, as well as anyone concerned about the growing inequality and lack of opportunity in America. This book is particularly relevant to those interested in the role of politics in shaping market forces, the effects of inequality on our economy and democracy, and the need for concrete policy solutions to address these issues. It may also be of interest to activists and advocates working towards greater economic and social justice.
Neoliberalism is a term we often hear thrown around, but do you really understand what it means? At its core, neoliberalism is an economic philosophy that emphasizes the importance of individual liberty and the freedom of markets. It argues that markets can produce their own philosophy, and therefore we should look at the world through the eyes of the market. While some see neoliberalism as a way to deliver public services through privatisation over state control, others argue that it leads to uncontrolled globalisation that puts corporations above nations. Understanding neoliberalism can help you develop critical thinking skills and a deeper understanding of the way state and market interact with our aspirations. By exploring this concept, you'll be better equipped to navigate the world and make informed decisions that affect your life.
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