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Challenging mainstream nation-centred theories of economic
development, Nicolás Grinberg examines the specificities of
capitalist development in Brazil and South Korea by starting from
their modes of participation in the international division of
labour and hence in the production of surplus value on a global
scale. Contrary to those theories, he does not consider these as
resulting simply from the economic policies of nation states and
their associated political institutions; nor from local
class-struggle dynamics or geopolitical developments. Rather,
drawing on key insights from Marx’s critique of political
economy, his analysis begins by recognising that the process of
capitalist development is global in terms of its economic dynamics
and historical trends, and national only in its political and
institutional forms of realisation. State-mediated patterns of
economic development and institutional change in Brazil and Korea,
as well as the intra- and inter-state political processes through
which these have come about, are then considered mediations in the
conformation and reproduction of the nationally differentiated,
uneven process of capital’s valorisation on a global scale.
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