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Why Are They So Poor? Capitalism: A People's History

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In his book, David Singerman travels to the far reaches and recesses of the southern continents of Asia, Africa, and Latin America, the so-called Third World, in order to understand why they are so poor. In so doing, his book illuminates the shocking historical and present workings and results of global capitalism, which is essential to understanding how and why we are living in such a lopsided world. Our world is one of imperialism where a few rich nations, perhaps 25% of the globe’s population, and defying all moral laws, subject the weaker majority to economic, political, military, and environmental degradation, where a few nations enjoy the perks of industrialization while the others breathe in dust and fumes, where one side amasses wealth and the other side reels in poverty and debt and lives off scraps while enduring seemingly constant war. Is global capitalism the cause of all this? Through a powerful and well-documented economic history of the world, Singerman, using not only his voice but the voices of many others as well, provides a conclusive and resounding answer to that question. And, in so doing, the book raises further necessary and urgent questions for all of us.

247 pages, Kindle Edition

Published September 19, 2021

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David N. Singerman

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