A.G. Frank, dependency theory and Canadian capitalism.(Andre Gunder Frank)

Canadian Dimension, November, 2005 by Albo, Gregory

The theory of dependency that formed in the 1960s played a more crucial role than any other conceptual framework in developing a critique of the world market supportive of liberation and anti-capitalist movements in Africa and Latin America. The general theme of dependency theory can be captured by the idea (first stated by Paul Baran in the late 1950s) that the economic surplus generated in post-colonial societies is appropriated by foreign interests and domestic elites in a way that reinforces a pattern of economic backwardness. In its starkest formulation, development in the North and underdevelopment of the South are not opposites, but a common process.

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ACADEMIC VAGABOND

Andre Gunder Frank, who was born in 1929...

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