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. |
Contents
A The Thesis of Capitalist Underdevelopment | 3 |
B The Capitalist Contradictions in Latin America | 14 |
Colonial Capitalist Latin America | 20 |
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agricultural agricultural production American analysis Anibal Pinto Argentina bourgeoisie Brazil Brazilian agriculture capitalist development capitalist structure Celso Furtado Chile Chilean economy coffee colonial commercial concentration contradictions crops decline dependent development and underdevelopment domestic earnings economic development economic surplus encomienda expansion exploitation export expropriation farm feudal firms force foreign finance foreign investment free trade Furtado hacienda important income increase Indian industrial interests labor ladinos land landowners latifundia Latin America livestock manufacturing Marxist ment mercantilist merchants metropolitan monopoly million mining monopolistic national metropolis nineteenth century nitrate nomic Northeast owners Paul Baran Paulo payments percent Peru Pinto polarization population Portugal profits Putaendo Ramírez regions relations Rio de Janeiro satellite satellization sector Simonsen social structural underdevelopment subsistence sugar tenants terms of trade thesis tion Tlaxiaco underde United Valparaíso velopment wage wheat whole workers world capitalist metropolis world capitalist system world metropolis