Max Weber, Socialism, and the Space for Time

In Economy and Society Weber provides a detailed criticism of socialism emphasizing the dynamic nature of the formal rationality of economic action, thus indicating the limits of bureaucratic rationality. Unfortunately, Weber's critique has received scant attention, commentators concentrating instead on remarks in his political essays. Weber's main argument against socialism is that it would lead to a decrease in formal rationality. Drawing upon Austrian political economy, Weber attempts to secure a 'realm of freedom' within anarchical capitalist production through emphasizing the dynamic nature of economic decision making which necessarily precludes the possibility of a rational socialist planned economy.     

Developing an entrepreneurial culture in Singapore: Dream or reality

The Anglo-Nepali War of 1814 to 1816 was one of Britain's least distinguished military performances. It was just about a victory, but it produced no heroic feats and thus it was duly forgotten by the Victorians as it failed to fit into the cult of imperialism and the British Raj. But subsequently, as the exploits of Empire became unfashionable, the wars dear to the Victorians were forgotten. But the memory of the Anglo-Nepali War was resurrected as it formed an integral part of the enduring legend of the Gurkhas.     

A trip to Alamut,Lahijan and Rasht

Middle East

Arab Political Memoirs and Other Studies. By Elie Kedourie. London, Frank Cass, 1974. Pp. 327. Bibliog. Index. £5.95.

Arabian Assignment. By David Smiley. London, Leo Cooper, 1975. Pp. 248. Illus. Index. £6.75.

From Encroachment to Involvement. A Documentary Study of Soviet Policy in the Middle East, 1945–1973. By Yaacov Ro'i. Jerusalem, Israel Universities Press, 1974; distributed in the UK by John Wiley &; Sons. Pp. 616. Indices.

Nasserist Ideology: Its Exponents and Critics. By Nissim Rejwan. Jerusalem, Israel Universities Press, 1974. Pp. 271. Appendix. Index. £6.75.

The Modern History of Israel. By Noah Lucas. London, Weidenfeld and Nicol‐son, 1975. Pp. 500. Maps. Bibliog. Index. £6.00.

The Moors in Spain and Portugal. By Jan Read. London, Faber &; Faber, 1974. Pp. 268. Illus. Bibliog. Index. £4.95.

Indian Ocean

The Indian Ocean and the Threat to the West. Four Studies in Global Strategy. Edited by Patrick Wall. London, Stacey International, 1975. Pp. 198. Maps. Illus. Index. £3.50 (paper £2.00).

South Asia

China, Pakistan and Bangladesh. By J. P. Jain. New Delhi, Radiant Publishers, 1974. Pp. vi+232. Notes. Appendices. Bibliog. Index. Rs. 55.

Soviet Policy towards Pakistan and Bangladesh. By J. P. Jain. New Delhi, Radiant Publishers, 1974. Pp. 212. Notes. Appendices. Bibliog. Index. Rs. 50.

Soviet Policy toward India: Ideology and Strategy. By Robert H. Donaldson. Cambridge, Mass., and London, Harvard University Press, 1974. Pp. x+264. Notes. Appendix. Bibliog. Index. £7.50.

Minorities in Madras State. Group Interests in Modern Politics. By S. Saras‐wathi. Delhi, Impex India, 1974. Pp. 247. Tables. Bibliog. Index. Rs. 50.

India ‐ Development and Experience. By Sardar Tarlok Singh. Madras and London, Macmillan, 1975. Pp. xx+458. Index. £8.00.

British Economic Thought and India 1600–1858. A study in the history of development economics. By William J. Barber. Clarendon Press; London, Oxford University Press, 1975. Pp. 243. Bibliog. Index. £6.00.

Marriage, Religion and Society. Pattern of change in an Indian village. By Giri Raj Gupta. London, Curzon Press, 1974. Pp. 180. Glossary. Bibliog. Index. £3.00.

The Lion River. The Indus. By Jean Fairley. London, Allen Lane, 1975. Pp. xv+290. Maps. Illus. Bibliog. Index. £4.95.

An Indian Summer. By James Cameron. London, Macmillan, 1974. Pp. 224. £3.50.

Sources for the History of British India in the Seventeenth Century. By Shafaat Ahmad Khan. London, Curzon Press, 1975. Pp. 395. Index. £4.50.

Political Relations between India and Nepal, 1877–1923. By Kanchanmoy Mojumdar. Delhi, Munshiram Manoharlal, 1973. Pp. xv+331. Maps. Appendix. Bibliog. Index. Rs. 30.

Himalayan Traders. Life in Highland Nepal. By Christoph von Fürer‐Haimen‐dorf. London, John Murray, 1975. Pp. 316. Maps. Illus. Bibliog. Index. £7.50.

Pakistan Under Challenge. By L. F. Rushbrook Williams. London, Stacey International, 1975. Pp. 224. Maps. Illus. Index. £3.90 (paper £2.20).

South‐East Asia

Southeast Asia Under the New Balance of Power. Edited by Sudershan Chawla, Melvin Gurtov and Alain‐Gerard Marsot. New York, Praeger; London, Pall Mall Press, 1974. Pp. 196. Bibliog. Index. £2.25.

U Nu: Saturday's Son. By U Nu; translated by U Law Yone and edited by U Kyaw Win. New Haven and London, Yale University Press, 1975. Pp. xv+358. Index. £7.50.

Economic Growth and Development in West Malaysia 1947–1970. By David Lim. London, Oxford University Press, 1974. Pp. xx+346. Tables. Bibliog. Index. £9.95.

Far East

China's Foreign Relations since 1949. By Alan Lawrance. London, Routledge &; Kegan Paul (World Studies Series), 1975. Pp. 261. Maps. Biblog. Index. £5.95.

East Asia &; U.S. Security. By Ralph N. Clough. Washington, The Brookings Institution, 1975. Pp. 248. Index. $8–95 (paper $3.50).

The Logic of “Maoism”: Critiques and Explication. Edited by James Chieh Hsiung. New York, Praeger; London, Pall Mall Press, 1975. Pp. 227. Bibliog. Index. £8.00.

The Pattern of Sino‐American Crises. Political‐Military Interactions in the 1950s. By J. H. Kalicki. London, Cambridge University Press, 1975. Pp. 279. Illus. Bibliog. Index. £7.50.

China's Economic Aid. By Wolfgang Bartke. London, C. Hurst &; Co., 1975. Pp. 215. £5.00.

Russia and the Roots of the Chinese Revolution, 1896–1911. By Don C. Price. Cambridge, Mass., and London, Harvard University Press, 1975. Pp. 301. Glossary. Bibliog. Index. £8.00.

Mirror to the Son of Heaven: Wei Cheng at the Court of T'ang T'ai‐tsung. By Howard J. Wechsler. New Haven and London, Yale University Press, 1975. Pp. xii+259. Appendices. Glossary. Bibliog. Index. £7.50.

Between Tradition and Modernity: Wang T'ao and Reform in Late Ch'ing China. By Paul A. Cohen. Cambridge, Mass., and London, Harvard University Press, 1974. Pp. x+357. Notes. Glossary. Bibliog. Index. £8.00.

Some Remarks on the Relationship between China and Mongolia. By C. R. Bawden. London, The China Society, 1974. China Society Occasional Papers. No. 17.

United States‐Japanese Relations: The Seventies. Edited by Priscilla Clapp and Morton H. Halperin. Cambridge, Mass., and London, Harvard University Press, 1975. Pp. 234. £4.00.

Japanese Radicals Revisited: Student protest in postwar Japan. By Ellis S. Krauss. Berkeley, Los Angeles and London, University of California Press, 1974. Pp. xiv+192. Bibliog. Index. £6.60.

The Samurai. By Paul Varley with Ivan and Nobuko Morris. First published by Weidenfeld and Nicolson, 1970; London, Penguin Books, 1974. Pp. 106. Map. Illus. Index.

Warrior Government in Early Medieval Japan: A Study of the Kamakura Bakufu, Shugo and Jito. By Jeffrey P. Mass. New Haven and London, Yale University Press, 1975. Pp. 257. Glossary. Map. Bibliog. Index. £6.25.

Ishiwara Kanji and Japan's Confrontation with the West. By Mark R. Peattie. Princeton and London, Princeton University Press, 1975. Pp. 430. Glossary (Romaji/Kanji). Bibliog. Index. £870.

The Kuril Islands. Russo‐Japanese Frontiers in the Pacific. By John J. Stephan. Clarendon Press; London, Oxford University Press, 1975. Pp. 279. Maps. Illus. Bibliog. Index. £6.25.     

Why the World Bank can't lead us to a just world order

Abstract

Gail Omvedt makes some telling points in her critique. Dependency theorists have been too quick to discount the possibility of capitalist development in the Third World. It is good to be reminded of the dangers of allowing wishful thinking to color our assessments of popular struggles, and it is useful to have our attention drawn to how elites often use populist rhetoric to mask their defense of power and privilege. In a number of respects, however, I find Omvedt's analysis flawed and even troubling.