How the West is Underdeveloping Itself

Samaha, Amal (2021): How the West is Underdeveloping Itself. Published in: Peace, Land and Bread No. 4 (13 May 2021): pp. 19-41.

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.

• Item Type: MPRA Paper
• Language: English
• Keywords: Development; Growth; Socialism; Underdevelopment; Walter Rodney; Imperialism
• Subjects: B - History of Economic Thought, Methodology, and Heterodox Approaches > B2 - History of Economic Thought since 1925 > B24 - Socialist ; Marxist ; Sraffian; F - International Economics > F1 - Trade > F19 - Other; N - Economic History > N1 - Macroeconomics and Monetary Economics ; Industrial Structure ; Growth ; Fluctuations; O - Economic Development, Innovation, Technological Change, and Growth > O1 - Economic Development

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