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Item type:Publication, European colonialism and capitalist development(Springer International Publishing, 2021-09-16)What is the role of European colonialism in the capitalist divide between the First World and Third World? The unified theory of capitalism seeks to explain each group taken separately and then the system taken as a whole. The theory assumes that an essential element of their coexistence is their different historical initial conditions. The unified theory then predicts path dependence: Different initial conditions lead to different development paths. This prediction is consistent with the fact that, after two centuries of capitalist development, First World and Third World still coexist. This essay seeks to give further empirical support to the unified theory by presenting a brief history of European colonization. The major finding is that colonialism indeed led to the great divide of capitalism: Countries in the New World that started capitalist development from the legacy of colonialism belong to the Third World. - Some of the metrics are blocked by yourconsent settings
Item type:Publication, - Some of the metrics are blocked by yourconsent settings
Item type:Publication, - Some of the metrics are blocked by yourconsent settings
Item type:Publication, - Some of the metrics are blocked by yourconsent settings
Item type:Publication, - Some of the metrics are blocked by yourconsent settings
Item type:Publication, Challenges and Opportunities for Sharing the Ownership in Peru(Routledge, 2025-01-01)The world has been living its processes so fast that when it looks back over its shoulder, it realizes that there are many changes needed to fix the flaws and tensions created due to speeding, to include everyone in the promise of progressive growth and prosperity within the current economic system. This issue is more evident in emerging markets, where institutional weaknesses, informal economies, and insufficient resources are considerable. Hence, our chapter explores how feasible the implementation of mechanisms of shared capitalism, specifically Employee Ownership initiatives, could be achieved in Peru. The result of our discussion proposes that traditional companies would suffer from an enormous inertia towards more inclusive and participatory business models because of what they have been doing to overcome the local institutional voids, contrary to new social businesses that could represent the start point of the diffusion of Employee Ownership practices in the Peruvian business community.1