POLS 2200 Lecture Notes - Lecture 10: United Nations Conference On Trade And Development, Walt Whitman Rostow, Comprador
22 Dec 2016
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Intellectual roots of economic structuralism: not all economic structuralists are marxists, however, all economic structuralists owe an intellectual debt to karl marx (1818-1883) Each economic stage in history has its own mode of production (the organization of society for the production of goods: marx identified slavery, feudalism and capitalism as three modes of production that superseded each other historically. Each mode of production has its own means of production (the physical factors essential to the production of goods) the capitalist means of production would be factories and machines, for example. This does not include human capital, such as labour. Each mode of production, such as capitalism, has its own inherent patterns and mechanisms of exploitation. For marx, history is a dialectic process --- there are contradictions within each mode of production, as these contradictions resolve themselves, history moves forward. In capitalism, the bourgeoisie must exploit the proletariat in order to make profit.
