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Free-Markets and Globalization: The Long-Run Big Picture by George Reisman

Summary by capitalismmagazine.com
Globalization is the process of bringing the entire world into the system of division of labor and thus into the system of social cooperation, of which division of labor is the essence. Its completion will mark the highest level of division of labor and social cooperation that it is possible for human beings to achieve, given the size of the world's population.

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Free-Markets and Globalization: The Long-Run Big Picture by George Reisman

Globalization is the process of bringing the entire world into the system of division of labor and thus into the system of social cooperation, of which division of labor is the essence. Its completion will mark the highest level of division of labor and social cooperation that it is possible for human beings to achieve, given the size of the world's population.

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capitalismmagazine.com broke the news in on Saturday, July 12, 2025.
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