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Unequal Exchange: A Study of the Imperialism of Trade (Updated Edition) by Arghiri Emmanuel, Charles Bettelheim, Torkil Lauesen, John Bellamy Foster, Brett Clark — Free eBook

• Page: 552
• Format: pdf / epub / kindle
• ISBN: 9781685901424
• Publisher: Monthly Review Press

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Overview How one nation can grow rich at the expense of another is one of the central problems of economics in the era of neo-colonialism. Traditional doctrine, resting on Ricardo’s theory of comparative costs, which has dominated investigation of this issue for a century and a half, has proven itself incapable of providing an answer. Emmanuel’s path-breaking study, now itself a classic, upends the conventional assumptions, subjecting the phenomena of international trade to critical scrutiny, both...