Dependency and Development in Latin America (Dependencia Y Desarrollo en América Latina, Engl.)
University of California Press, Mar 19, 1979 - Business & Economics - 227 pages
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.
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Comprehensive Analysis of Development
The Period of Outward Expansion
Role of Middle Classes
Social and Political
New Nature of Dependence
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accumulation agrarian agricultural alliance allies analysis Anibal Pinto Argentina basic began Bolivia bourgeoisie Brazil Buenos Aires bureaucracy capital capital accumulation capitalist capitalist development caudillos centers central Chile Chilean Colombia colonial Colorado party conflicts corporativism created crisis developmentalist diversification domestic market dominant classes dominant groups dynamism economic enclave economy enterprises expansion exploitation export economy export sector export system external favorable forces formation growth hegemony historical ideology import substitution important incorporated industrial sector interests labor land Latin America linked masses ment merchants Mexico middle class middle sectors military modern movement multinational corporations nomic oligarchy organization oriented participation peasant period peripheral economies Peru Peruvian political possible pressure production system provinces radical regime relations River Plate role rural social groups society structure struggle tion trade traditional underdevelopment United Upper Peru urban middle Uruguay Venezuela workers world market