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[OPE-L] The International Diffusion of Capitalist Development



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In the current issue of _Economic and Political Weekly_ there
is a 7-page article on "Diffusion of Development" by Prabhat
Patnaik which I have *attached*.
 
Recalling arguments by Paul Baran and others that there is a
limit to the 'spontaneous diffusion' of development under
capitalism, the author argues that a 'more immediate' limit
to the development of different regions in the world capitalist
economy is the "unwillingness of the leading capitalist
economy to sustain a growing claim upon its wealth by
outsiders".
 
Do you agree with this argument?
 
In solidarity, Jerry

Attachment: Diffusion_Of_Development.pdf
Description: Adobe PDF document



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