Abstract
This paper attempts to synthesize critically some aspects of the Monthly Review school within an orthodox Marxist theoretical approach. It is argued that the capitalist character of international exchange and of the international division of labor imply a tendency for an increasingly uneven development. The empirical evidence presented shows in fact a growing divergence between developed and underdeveloped capitalist countries and a differentiation in the development performance of underdeveloped countries. Some implications are finally drawn concerning the potential for social change in underdeveloped countries and for the establishment of a new international economic order.
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