The last 200 years, roughly from the publication of Adam Smith's Wealth of Nations in 1776 to the present, have witnessed a remarkable, systemic drive for the globalization of Western capitalism. The intellectual origin of this drive has been mainstream economics which has capitalised technology, labour, environment and other productive resources; in practice, these resources have been harnessed by aggressive capitalists [originally called adventurers, forerunnes of today's multinational corporations (MNCs)] in a worldwide search for profits. This drive has enriched the West but not the vast majority of humanity.

Additional Metadata
Persistent URL dx.doi.org/10.1108/eb018779
Journal Humanomics
Citation
Mehmet, O. (1996). Westernizing the third world. Humanomics (Vol. 12, pp. 37–55). doi:10.1108/eb018779