POLB90H3 Lecture Notes - Lecture 3: Andre Gunder Frank, Multinational Corporation, Fernando Henrique Cardoso
Document Summary
The development of underdevelopment andre gunder frank. General understanding that economic development occurs in a succession of capitalist stages. Inequalities led to observing dual societies and economies in the underdeveloped countries one part affected by intimate economic relations with the outside capitalist world (this part became modern), and the other part is isolated (and more underdeveloped). Underdevelopment is still generated by the development of capitalism. Opinion: changes in international capitalist organization have produced a new international division of labor, and the moving force behind this is the multinational corporation.
