Some of the issues and hot topics discussed in the book, with particular emphasis on the conceptual and philosophical aspects: -Globalisation as integration of the world economy, driven by capital's inherent tendency to expand and seek areas of higher profit and assisted by advancements in transport and communications-predicted by Marx in mid-19th century. -Evolution of economic thought over the last few centuries. -Neoliberalism-and liberalisation, deregulation and privatisation. Impact of premature liberalisation, deregulation and privatisation of strategic assets on the Global South's economic development. -Introduction to World's system theories, which give an insight into understanding the contemporary world. Similiarities and diffences between the MNC-dominated world economy and erstwhile colonialism. And much more.