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Capitalism’s Contribution to Global Poverty Decline
Data from 1800 to Present

Book Details
About this book:

Capitalism’s Contribution to Global Poverty Decline In just two centuries, global poverty has plummeted from near-universal subsistence to billions lifted into prosperity—a seismic shift charted here through groundbreaking data and historical analysis. This eye-opening book challenges conventional narratives by asking: What if the spread of capitalist institutions—secure property rights, free trade, and entrepreneurial innovation—was the decisive force behind this transformation? From the upheavals of the early 1800s to today’s globalized economy, each chapter uncovers how market-driven policies, not centralized systems, unlocked unprecedented human potential. Readers will journey through revolutions in technology, finance, and governance, witnessing how free markets catalyzed the first waves of poverty reduction and reshaped societies from Manchester to Mumbai.

By contrasting the outcomes of capitalist and socialist experiments, the book demystifies the complex interplay of institutions and economic growth. Explore how post-WWII Marshall Plan recovery, Asian Tigers’ export-led boom, and China’s reform era all point to a singular truth: decentralized markets empower people to innovate, trade, and thrive. With meticulous research, including counterfactual analyses and fresh perspectives on global value chains, it dismantles ideological debates to reveal actionable insights for policymakers. Whether you’re a student, scholar, or curious reader, this is an essential guide to understanding how capitalism’s principles can be harnessed to build a more equitable future—and why its legacy may hold the key to ending extreme poverty for good.

Table of Contents:
  • Introduction
  • Chapter 1 From Malthus to Modernity: Setting the Stage, 1800‑1850
  • Chapter 2 The Rise of Property Rights in Europe and North America
  • Chapter 3 Early Industrialization and the First Waves of Poverty Reduction
  • Chapter 4 Free Trade Experiments: Britain’s Repeal of the Corn Laws
  • Chapter 5 Entrepreneurial Spirit in the American Frontier, 1800‑1860
  • Chapter 6 Colonial Trade Networks and Their Impact on Global Income
  • Chapter 7 The Second Industrial Revolution: Steel, Electricity, and Mass Production
  • Chapter 8 Urbanization, Labor Markets, and Declining Extreme Poverty, 1870‑1914
  • Chapter 9 The Gold Standard Era: Stability, Investment, and Growth
  • Chapter 10 Socialist Experiments in the Early 20th Century: Outcomes and Contrasts
  • Chapter 11 The Interwar Period: Protectionism, Depression, and Policy Divergence
  • Chapter 12 Post‑World War II Reconstruction: The Marshall Plan and Property Rights Revival
  • Chapter 13 Decolonization and the Spread of Market‑Oriented Reforms in Asia
  • Chapter 14 Latin America’s Import‑Substitution versus Open‑Economy Shifts
  • Chapter 15 The Asian Tigers: Export‑Led Growth and Poverty Decline, 1960‑1990
  • Chapter 16 China’s Reform and Opening Up: Property Rights, Trade, and Entrepreneurship
  • Chapter 17 India’s Liberalization of 1991: Growth, Poverty, and Institutional Change
  • Chapter 18 Africa’s Early Post‑Independence Policies: Socialist Paths and Their Limits
  • Chapter 19 The Rise of Global Value Chains and Their Effect on Wages
  • Chapter 20 Technological Diffusion: From Steam to the Internet and Poverty Reduction
  • Chapter 21 Measuring Extreme Poverty: Methodologies and Data Sources, 1800‑Present
  • Chapter 22 Counterfactual Analyses: What If Capitalist Institutions Had Not Spread?
  • Chapter 23 The Role of Financial Inclusion in Supporting Entrepreneurial Activity
  • Chapter 24 Climate, Health, and Education: Complementary Factors in Poverty Decline
  • Chapter 25 Lessons for the Future: Sustaining Property Rights, Free Trade, and Innovation to End Extreme Poverty
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Author:

Henry Lee

Published By:

MixCache.com Extended Catalog

Type:

Nonfiction

Date Published:

June 30, 2026

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