Capitalism and Underdevelopment in Latin AmericaThe four essays in this book offer a sweeping reinterpretation of Latin American history as an aspect of the world-wide spread of capitalism in its commercial and industrial phases. Dr. Frank lays to rest the myth of Latin American feudalism, demonstrating in the process the impossibility of a bourgeois revolution in a part of the world which is already part and parcel of the capitalist system. |
What people are saying - Write a review
We haven't found any reviews in the usual places.
Contents
A The Thesis of Capitalist Underdevelopment | 3 |
B The Capitalist Contradictions in Latin America | 14 |
Colonial Capitalist Latin America | 20 |
Copyright | |
27 other sections not shown
Other editions - View all
Common terms and phrases
activities agricultural already American analysis appears appropriation become bourgeoisie Brazil Brazilian capital capitalist development capitalist system century changes Chile Chilean coffee colonial commercial concentration consequences consumer continued contradictions countries course cultural decline demand dependent determined distribution domestic earnings economic development economic surplus encomienda entire exchange expansion exploitation export fact feudal finance firms force foreign forms further gold greater groups hands important income increased independent Indian industrial institutions interests investment labor land later latifundia Latin America less limited major manufacturing means ment merchants metropolis metropolis-satellite metropolitan million mining monopoly necessary Northeast noted owners Paulo payments percent period polarization political population Portugal problem production profits regions relations relatively result rise satellite sector social society structure subsistence sugar supply tion trade turn underdevelopment United wage whole workers world capitalist