question archive In a review of False Dawn: The Delusions of Global Capitalism, by John Gray, the reviewer writes: “The real fantasy in this book is of those wonderful traditional societies thatflourished before modernity and the free market wrecked them
In a review of False Dawn: The Delusions of Global Capitalism, by John Gray, the reviewer writes: “The real fantasy in this book is of those wonderful traditional societies thatflourished before modernity and the free market wrecked them
Subject:EconomicsPrice: Bought3
In a review of False Dawn: The Delusions of Global Capitalism, by John Gray, the reviewer writes: “The real fantasy in this book is of those wonderful traditional societies thatflourished before modernity and the free market wrecked them. The reality in those communities for those communities for most people was – and is – medieval levels of poverty, disease and starvation. That is why in every third world country peasantsflee their settled patterns of life by the busloads, hoping to find jobs in factory townsand cities.â€Discuss this statement in the context of what we have learned in this course about urban and regional economics. Some ideas that you may wish to address might be migration, wage rates, and returns to scale.
