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How the West is Underdeveloping Itself

Amal Samaha

MPRA Paper from University Library of Munich, Germany

Abstract: This essay deals with the history of development discourse, recurring problems, and its present day manifestations. It argues that the deindustrialisation of the core and concomitant hollowing-out of political institutions belies several truisms of development discourse, and that a new "relational" model of development is required. This relational model recognises two distinct forms of development: autogenous (that which requires the exploitation of domestic workers) and parasitic (that which depends on unequal exchange and export specialisation). Finally it is argued that a socialist development programme must be ambivalent to "growth," and instead the core and periphery must pursue different forms of development together.

Keywords: Development; Growth; Socialism; Underdevelopment; Walter Rodney; Imperialism (search for similar items in EconPapers)
JEL-codes: B24 F19 N1 O1 (search for similar items in EconPapers)
Date: 2021-05-13
New Economics Papers: this item is included in nep-his, nep-hme and nep-pke
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Published in Peace, Land and Bread 4 (2021): pp. 19-41

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