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Category > Economics Posted 17 May 2017 My Price 6.00

False Dawn

6. 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 that

flourished 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 peasants

flee their settled patterns of life by the busloads, hoping to find jobs in factory towns

and cities.”

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. 

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SuperTutor
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Status NEW Posted 17 May 2017 01:05 AM My Price 6.00

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