Of all the economic consequences of the age of dual revolution this division between the ‘advanced’ and the ‘underdeveloped’ countries proved to be the most profound and the most lasting.
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About Eric Hobsbawm
Eric Hobsbawm was a 20th-century British academic historian and marxist historiographer. Eric John Ernest Hobsbawm was a British historian of the rise of industrial capitalism, socialism and nationalism. His best-known works include his tetralogy about what he called the "long 19th century" and the "short 20th century", and an edited volume that introduced the influential idea of "invented traditions". Read more on Wikipedia →