Description
Revealing that the important thing to successful economic development in past due industrializers rests within the state’s capacity to discipline capitalists, this observe sheds light on why certain countries (South Korea and Taiwan) have the ability to discipline capitalists, whilst others (Mexico and Argentina) find themselves on the receiving end of industrialists’ political and economic power. Closer examination of middle classes, especially rural middle classes, reveals the level to which they reach sufficient political sway in politics and society, and thus may be able to impose such discipline.