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Understanding Dependency Theory and Marxism by Ndabenhle Flody is a document available to read on EtoBox.
What is Understanding Dependency Theory and Marxism about?
Dependency theory views the global economic system as consisting of dominant core nations that exploit less developed peripheral nations. It argues that underdevelopment is caused by the economic dominance of wealthy countries over poorer ones, which prevents poorer countries from developing further. Dependency characterizes the international system as having dominant nations that extract surplus value from dependent peripheral nations through unequal exchange and imperialism, keeping the latter in a state
- Author
- Ndabenhle Flody
- Language
- EN