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The New International Division of LabourThe Global Accumulation of Capital and Ground-Rent in ‘Resource Rich’ Countries

The New International Division of Labour: The Global Accumulation of Capital and Ground-Rent in... [The chapter provides fresh insight into the ‘old’ international division of labour and especially into the countries whose long-standing historical role has been to produce ground‐rent‐bearing, primary, commodities. Building upon the notion of capital accumulation as being global in content and national in form, Caligaris challenges the dominant perspective that explains the specific characteristics of those countries as the result of domestic politics, foreign influence and domination, or unequal exchange. He instead advances an original approach based on the recognition that ground‐rent is essentially constituted by the surplus‐value resulting from the valorisation of industrial capitals abroad and which flows into the countries supplying the raw materials. The latter section uses empirical evidence from the case of Argentina to illustrate the core argument.] http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png

The New International Division of LabourThe Global Accumulation of Capital and Ground-Rent in ‘Resource Rich’ Countries

Editors: Charnock, Greig; Starosta, Guido

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Publisher
Palgrave Macmillan UK
Copyright
© The Editor(s) (if applicable) and The Author(s) 2016
ISBN
978-1-137-53871-0
Pages
55 –77
DOI
10.1057/978-1-137-53872-7_3
Publisher site
See Chapter on Publisher Site

Abstract

[The chapter provides fresh insight into the ‘old’ international division of labour and especially into the countries whose long-standing historical role has been to produce ground‐rent‐bearing, primary, commodities. Building upon the notion of capital accumulation as being global in content and national in form, Caligaris challenges the dominant perspective that explains the specific characteristics of those countries as the result of domestic politics, foreign influence and domination, or unequal exchange. He instead advances an original approach based on the recognition that ground‐rent is essentially constituted by the surplus‐value resulting from the valorisation of industrial capitals abroad and which flows into the countries supplying the raw materials. The latter section uses empirical evidence from the case of Argentina to illustrate the core argument.]

Published: Jun 3, 2016

Keywords: World Market; Capital Accumulation; International Political Relation; Concrete Form; International Division

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