Neo-Marxist approaches to development and underdevelopment
- 1 January 1973
- journal article
- research article
- Published by Taylor & Francis in Journal of Contemporary Asia
- Vol. 3 (1) , 7-33
- https://doi.org/10.1080/00472337308566845
Abstract
“… But (the Western European Capitalist countries) are not completing this development [towards socialism] as we previously expected they would. They are completing it not through a steady ‘maturing’ of socialism, but through the exploitation of some states by others …” “… There are two types of capitalism — capitalism of the imperialist countries and colonial capitalism … In the colonies capitalism is not a product of local conditions and development, but is fostered by the penetration of foreign capital.”Keywords
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