Emmanuel’s Approach to Unequal Exchange

Kunibert Raffer
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Kunibert Raffer: University of Vienna

Chapter 3 in Unequal Exchange and the Evolution of the World System, 1987, pp 31-50 from Palgrave Macmillan

Abstract: Abstract The first publication on Unequal Exchange that provoked a long and wide-spread international discussion was Emmanuel’s book, originally published in French by Maspero in 1969. (To avoid translation, quotes will be usually from the English edition, Emmanuel, 1972). This book was the result of the discussions going on in France after the first publication of Emmanuel’s main ideas (Emmanuel, 1962), together with observations by Bettelheim (1962) in the second number of the series Problèmes de Planification, as well as Denis’s publication on the secular evolution of the terms of trade. Both authors — and this is where their similarity stops — define low wages as the reason for the prices of Third World exports (cf. Emmanuel, 1972, p. 95).

Keywords: Real Wage; High Wage; Comparative Cost; World System; Organic Composition (search for similar items in EconPapers)
Date: 1987
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-09187-4_3

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DOI: 10.1007/978-1-349-09187-4_3

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