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[This chapter presents the theoretical issues of relevance related to the key themes of the book. It begins with a general discussion of the concepts of center and periphery and the nature of dependency. This is followed by a discussion of the characterization of the present period of neoliberal globalization and the hegemony of transnational corporations and also examining the roles played by the IMF, the WTO, and the rise of China in recent decades. Moreover, the relevance of the theoretical categories of ground rent, accumulation by dispossession, and the second contradiction of capitalism are assessed. Although these theoretical issues are initially presented in chapter one, many aspects are only fully developed when presented in more detail in later chapters in the context of concrete examples.]
Published: Dec 9, 2021
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