The Political Economy of UnderdevelopmentFirst published in 1982, this reissue deals with the theory of underdevelopment, as Dr. de Silva attempts a synthesis between the internal and external aspects of underdevelopment and, in the Marxist tradition, focuses on the impact of the external on the internal as the dominant reality. Viewing underdevelopment as a problem in the non-transformation to capitalism, this analysis is in terms of the character of the dominant capital and of the dominant classes. Underdevelopment thus encompasses the ‘traditional’ peasant economy and also the export sector where the ‘modernizing’ influence of colonialism was felt. The book finally considers how the contemporary internationalization of capital affected the economies of the Third World. |
Other editions - View all
Common terms and phrases
Africa agency houses agriculture Algeria Assistant Agent bourgeoisie British Burma capi capitalist cent centre century Ceylon Chinese Co.Ltd Colombo commercial Congo coolies costs cultivation directors district dominant employment enterprises Europe European expanded expatriate export economy factors firms foreign growth History Ibid imports income increased indigenous Indonesia industrial interests internal investment investors Kandyan kangany Kenya labour force land loc.cit London Maghreb Malay Malaya Malaysia manufacturing Marx ment merchant capital metropolitan migrants mining mode of production nonsettler colonies op.cit output paddy pattern peasant sector periphery plantation companies plantation economy plantation labour plantation system planters political precapitalist production capital profits quoted railway raw materials recruitment relations Rhodesia rice scale settler colonies Sinhalese slaves SLNA smallholders social South Sri Lanka structure sugar surplus surplus value tion trade underdeveloped countries veloped village wage labour workers Zambia