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Examines underdevelopment in Asia, Africa and Latin America through the analysis of unequal means of production and trade relations within the process of capital formation. Analyses how differential transformation of productive, social and political relations have led to capitalist development, and challenges classical and neo-classical development theories, international division of labour, doctrines of comparative advantage and free trade, etc.
Why, while Europe, North America, and Australia have developed, have Africa, much of Asia, and Latin America remained underdeveloped? Andre Gunder Frank sets out to answer this basic question by showing how world capital accumulation has led to the differentiation of these regions within the single world-embracing economic system. Unequal exchange between regions, combined with the differential transformation of productive, social, and political relations within regions, has led to the capitalist development of some areas and to the underdevelopment of others.
Most of Andre Gunder Frank's early work on the nature of underdevelopment focused on one continent: Latin America. Here he broadened his canvas and traced the world-wide effects of the process of capital accumulation from the period just prior to the discovery of America to the industrial and French revolutions. It is Frank's thesis that the world has experienced a single all-embracing, albeit unequal and uneven, process of capital accumulation centered in Western Europe, which has been capitalist for at least two centuries.
This title was first published in 2001. An important critical study of the theories of dependency both past and present. Since the theories of dependency are based on the Marxian notion of exploitation and backwardness, the book starts with the elaboration of the Marxian theory of development and underdevelopment. The book analyses various concepts and precepts of dependency as well as critically discussing the individual theories of Baran, Frank, Amin, Emmanuel, Prebisch and Singer. The contributions of more recent writers including Furtado, Kay, Wallerstein and Marini are also considered. The main focus of the book lies in the thorough analysis of all the important traditional as well as modern theories of dependency. The main message of the present book is that the phenomenology of dependency is still relevant as a methodology of study of development and underdevelopment. The book incorporates some pressing contemporary issues to give fresh flavour to the old dependency debate. A special feature of the book lies in the critical appraisal for each of the theories studied. The book is designed to serve as a valuable compendium for students of economic development and political economy and for those interested in the study of the economic backwardness of the Third World countries.
This essay seeks to clarify the relationship between dependence and underdevelopment by examining critically some of the major themes in the literature on dependency theory. Three principal arguments are evaluated: (1) that dependence inhibits economic growth; (2) that dependence results in an undesirable pattern of economic development; and (3) that dependence leads to an unviable pattern of development. It is suggested that most dependency theorists do not adequately distinguish between the effects of dependence per se and the effects of the capitalist mode of production in general. Making this distinction, the essay concludes that the effects of dependence per se tend to be overstated in the dependency literature.
Although much has been written on the concept, nature, and implications of dependency in underdeveloped countries, there is a noticeable lack of comprehensive material on dependency reversal—the ways and circumstances under which dependency and underdevelopment can be overcome. Dr, Muñoz brings together in a coherent volume the alternative strategies for dependency reversal that have been posed by leading social scientists; the emphasis is on commonalities, differences, and theoretical and practical derivations. The book outlines the basic features of the dependency literature and clarifies the emergence and development of the dependency paradigm, its meaning, and its differences from other theoretical perspectives on underdevelopment. New aspects of dependency situations are also introduced. Significant alternatives to dependency are offered, taking into account varying geographical, ideological, and functional factors. Though no claim is made that all existing answers to development are included, this is clearly the most complete work available to date.
At the end of World War II, several Latin American countries seemed to be ready for industrialization and self-sustaining economic growth. Instead, they found that they had exchanged old forms of political and economic dependence for a new kind of dependency on the international capitalism of multinational corporations. In the much-acclaimed original Spanish edition (Dependencia y Desarrollo en América Latina) and now in the expanded and revised English version, Cardoso and Faletto offer a sophisticated analysis of the economic development of Latin America. The economic dependency of Latin America stems not merely from the domination of the world market over internal national and "enclave" economies, but also from the much more complex interact ion of economic drives, political structures, social movements, and historically conditioned alliances. While heeding the unique histories of individual nations, the authors discern four general stages in Latin America's economic development: the early outward expansion of newly independent nations, the political emergence of the middle sector, the formation of internal markets in response to population growth, and the new dependence on international markets. In a postscript for this edition, Cardoso and Faletto examine the political, social and economic changes of the past ten years in light of their original hypotheses.
The classic work of political, economic, and historical analysis, powerfully introduced by Angela Davis In his short life, the Guyanese intellectual Walter Rodney emerged as one of the leading thinkers and activists of the anticolonial revolution, leading movements in North America, South America, the African continent, and the Caribbean. In each locale, Rodney found himself a lightning rod for working class Black Power. His deportation catalyzed 20th century Jamaica's most significant rebellion, the 1968 Rodney riots, and his scholarship trained a generation how to think politics at an international scale. In 1980, shortly after founding of the Working People's Alliance in Guyana, the 38-year-old Rodney would be assassinated. In his magnum opus, How Europe Underdeveloped Africa, Rodney incisively argues that grasping "the great divergence" between the west and the rest can only be explained as the exploitation of the latter by the former. This meticulously researched analysis of the abiding repercussions of European colonialism on the continent of Africa has not only informed decades of scholarship and activism, it remains an indispensable study for grasping global inequality today.