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A Theory of Imperialism (Paperback)
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A Theory of Imperialism (Paperback)
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In A Theory of Imperialism, economists Utsa Patnaik and Prabhat
Patnaik present a new theory of the origins and mechanics of
capitalism that sounds an alarm about its ongoing viability. Their
theory centers on trade between the core economies of the global
North and the tropical and subtropical countries of the global
South and considers how the Northern demand for commodities (such
as agricultural products and oil) from the South has perpetuated
and solidified an imperialist relationship. The Patnaiks explore
the dynamics of this process and discuss innovations that could
allow the economies of the South to achieve greater prosperity
without damaging the economies of the North. The result is an
original theory of imperialism that brings to light the crippling
limitations of neoliberal capitalism. A Theory of Imperialism also
includes a response by David Harvey, who interprets the agrarian
system differently and sees other factors affecting trade between
the North and the South. Their debate is one of the most
provocative exchanges yet over the future of the global economy as
resources grow thin, populations explode, and universal prosperity
becomes ever more elusive.
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