Capitalism, Nation State and Development in a Globalised World

Capitalism, Nation State and Development in a Globalised World Arun Ghosh All talk of free markets' and of development of the world under a system of free markets is a sham. And at no time was there greater need for the concept of the nation state and for the banding together of developing nations. What we are witnessing, instead, is a one-sided globalisation the co-option of a few compradors in the developing countries by the industrially developed, militarily powerful countries.