In this important book, pre-eminent economic sociologist Volker Bornschier analyzes growth and development in the Old and New Worlds - the so-called 'developed' countries. He shows how sociological and political factors have a massive impact on economic change in those countries.

The book is a significant contribution to the burgeoning literature on social capital, trust and democracy and will be of interest to those in the fields of economics, sociology, politics and development studies.