The Underdevelopment of Atlantic Canada

Henry Veltmeyer and Henry Veltmeyer
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Henry Veltmeyer: St. Mary's University Halifax, Nova Scotia

Review of Radical Political Economics, 1978, vol. 10, issue 3, 95-105

Abstract: A preliminary study of the structure of capitalist underdevelop ment in the Atlantic provinces of Canada. Departing from a critique of a Staples Theory that reduces this problem to the spatial distribution of economic factors and a Dependency Theory based on exchange relationships, the author suggests a more rewarding approach based on Marx's theory of capitalist development. Connecting the regional and class conditions of underdevelopment, the author argues that the workings of capitalism has created in Atlantic Canada the condi tions of a reserve army for industries in Central Canada. This position is sup ported with appropriate statistics on the history and structure of capital and labor in the region.

Date: 1978
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Persistent link: https://EconPapers.repec.org/RePEc:sae:reorpe:v:10:y:1978:i:3:p:95-105

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