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The Global Economic System
By I. Wallace

Publisher: Routledge 
Pages: 320
Date: 1989-11-15

The author clearly demonstrates the relevance of past events to contemporary options for coping with economic change, and stresses the importance of the biophysical environment, even in “postindustrial” societies. The Global Economic System demonstrates the reality and significance of contemporary global economic interdependencies, and indicates that environmental and cultural/historical perspectives are crucial to understanding the evolution of national and regional economies. The book will be a key text for undergraduate students of economic geography, and will also serve the needs of courses in international affairs, global political economy, and development studies.

Summary: Great Capitalism, Socialism and a school book.
Rating: 5

I read this as a course book in Iain’s course, and then bought the first edition in the early nineties. It taught me to research the literature of geographic economics well but not clearly. I had read it with a few socialist books on Poland and other command economies. It brought my trust in capitalism to life as well as opening my reading to socialism and social theory. Covering systems at various scales and in a geographic example type format with small maps and breakdowns of labour and supply, it illustrates, the differences of the world’s nations. Some of the connections between these nations and the theory of finances is of course, confusing.

Until we realise that global as a word does not belong to Wall Street but to the people of the earth, we will not get straight talk. But then I am a purist who would like artifical boundries for nations and globes.

[此贴子已经被作者于2008-12-14 23:10:39编辑过]