On Stephen P's question re Petras and Brenner here's the best I could
come with:

"The histroical fact is that the U.s., Africa, Asia and Latin america
have a long history of several centuries of ties to overseas markets,
exchanges and investments. Moreover, in the case of North america and
Latin America, capitalism was "born globalized" in the sense that mosat
of its early growth was based on overseas exchanges and investmnets.
>From the 15th to the 19th centuries Latin america's external trade and
investment had greater significance than in the 20th century. Similarly,
one-thrid of English capital formation int he 17th century was based on
the international slave trade. Born globalized, it is only in the middle
of the 19th century that the internal market began to gain in
importance, thanks to the growth of wage labor, local manufactures and
most significantly a state which altered the balance of class forces
between the domestic and overseas investors and producers."

James Petras "Globalization:A Critical Analysis", Journal of
Contemporary Asia, Vol 29 no 1,1999,p3-37.

Sam Pawlett


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