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Lumpenbourgeoisie and Lumpendevelopment - Dependency, Class and Politics in Latin America (Paperback, New edition)
Loot Price: R323
Discovery Miles 3 230
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Lumpenbourgeoisie and Lumpendevelopment - Dependency, Class and Politics in Latin America (Paperback, New edition)
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Loot Price R323
Discovery Miles 3 230
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Frank, one of the best contemporary Marxist economists, specializes
in analysis of imperialist extraction of colonial nations' economic
surplus. Considering Frank's abilities however, these nine essays
which emphasize the mediating role of Latin American capitalists in
this siphoning process are rather disappointing. The first few, on
colonial and agrarian structures, largely concern academic disputes
to which Frank brings excessive and unnecessary quotations from
other sources. More cogent are the essays on Latin American
independence movements and the economic impetus behind liberalism
and bourgeois nationalism over the last century and a half. The
major essay, "Neoimperialism and Neodependence," based on a view
first developed by the German-Polish Marxist Rosa Luxemburg,
documents the "decapitalization" of Latin America. Opposing Lenin's
notion of imperialist desires for colonial "cheap labor," Frank
describes the intense industrial stagnation which has indeed
created a huge pool of cheap labor, but shows that at least 25
percent of that labor remains chronically unemployed. Frank
condemns the "development strategies" put forward by the
Organization of American States and the U.N. as "pious and totally
unrealistic expressions of faith." He espouses a "revolutionary"
solution, but one that is undeveloped and vague. Despite Frank's
tendency to bog down in academic wrangling and leave his major
theses intellectually unfinished, the book will attract
specialists, and particularly, connoisseurs of his earlier books.
(Kirkus Reviews)
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