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Uneven development in the world economy

The last fifty years did not lead towards an equalization between the development levels of national economies. This is not only a consequence of market imperfections, as it claimed by neoclassical economics, but a natural impact of the operation of market mechanisms. The authour explains what mechanisms in the economic relations between developed and underdeveloped countries create uneven development.

Foreign capital in the transition process

According to the author, the catching-up models of certain Third World countries focusing on industrialisation cannot be applied in Eastern Europe because in this region the national economies have been industrialised. The adjustment to Europe requires dynamic economic development though in practice both capital importing and capital accumulation strategies have to face a number of obstacles.


Georg Ritzer on the mcdonaldisation of society

The organisational principles known from the McDonald's type fast food restaurants show up time after time in all different spheres of our life, from leisure activities to education and politics. This book review outlines the major features of the often self-defeating retionalisation attempts in society and economy. (George Ritzer: The McDonaldization of Society)