[OPE-L] The International Diffusion of Capitalist Development

From: Jerry Levy (Gerald_A_Levy@MSN.COM)
Date: Tue May 16 2006 - 09:01:00 EDT

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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

• application/pdf attachment: Diffusion_Of_Development.pdf

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