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I have to go back and read through this discussion, but I have to add to this point. Lenin's theory as the locus classicus for dependency theory drivel left a very poor legacy and it wasn't just the failure to predict future developments, the period Lenin was writing about, the "monopolization" era between 1870-1914, featured tremendous growth, advances in living standards, agriculture and technological development. So much for that stage of capitalism being reactionary and decadent. Lenin read too much Hobson and his theories on under-consumption were totally disproved by post-war capitalism when capital was able to tremendously increase the amount of surplus it was absorbing internally. On Mon, Jun 7, 2010 at 6:59 PM, S. Artesian <sartes...@earthlink.net> wrote: > And one more anyway-- Lou's piece on Argentina is very informative, and it > goes a long way in showing how weak, uneven, and plain old wrong Lenin's > take on imperialism is ________________________________________________ Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com
