Patrick that was a fabulous summary of the anti-imperialist case against TNCs --- In the 19th century, I guess, one could argue that DFI played a role in bringing capitalism to "backward" regions ---- and there probably were periods (maybe even not so long ago) when TNCs played a role in raising wages in peripheral countries --- but once the uneven development was solidified after the full penetration of capitalism to the previously "underdeveloped" world, it does appear that the international laws of motion are leaving many in those regions with the short end of the stick ---
Paul Baran still seems (on balance) to have gotten in "right" from the start. Solidarity, Mike On Sat, Jan 30, 2021 at 2:52 PM Patrick Bond <[email protected]> wrote: > I don't know how that debate unfolds in India but in South Africa, it's > absolutely relevant to critique accumulation (and class politics practiced) > by Transnational Corporations as agents of underdevelopment (or more > precisely uneven and combined development), since > > - Samir Amin's general analysis of the merits of countries like South > Africa delinking from international capitalist circuits - or at minimum > imposing the kind of exchange controls we had here from 1985-95, to lock in > those TNC profits and force their local reinvestment through prescribed > assets - is very attractive. Samir was terribly disgusted with the African > National Congress, for not having a clue about any of this, and for > continuing to promote FDI-attraction at any cost. > > > -=-=-=-=-=-=-=-=-=-=-=- Groups.io Links: You receive all messages sent to this group. View/Reply Online (#5964): https://groups.io/g/marxmail/message/5964 Mute This Topic: https://groups.io/mt/80235798/21656 -=-=- POSTING RULES & NOTES #1 YOU MUST clip all extraneous text when replying to a message. #2 This mail-list, like most, is publicly & permanently archived. #3 Subscribe and post under an alias if #2 is a concern. -=-=- Group Owner: [email protected] Unsubscribe: https://groups.io/g/marxmail/leave/8674936/1316126222/xyzzy [[email protected]] -=-=-=-=-=-=-=-=-=-=-=-
