By Alain de de Janvry
ISBN-10: 0801825326
ISBN-13: 9780801825323
Ebook via de Janvry, Alain
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Additional info for The Agrarian Question and Reformism in Latin America
Sample text
N the static neoclassical model of general equilibrium, prices are fully determined by exogenous consumer tastes and technology. Prices and the prevailing (unexplained) personal distribution of factors of production establish the personal distribution of Income. By not distinguishing between physical and financial capital, one can make income distribution fully endogenous to the economic system. '" Here, the distribution of income is fully exogenous. Growth, however, presumably creates employment and wages, which in tum later permit the benefits from growth to ''trickle down" throughout the population, Inequality is thus seen as necessary for accelerated growth, which later leads to greater equality, but this process remains unexplained by theory.
The laws of motion of capital in this dialectical organic totality provide the scientific basis for a theory of unequal development. As a method of e~position. we will start with the abstract concepts of articulation and disarticulation and derive the corTCSponding laws of motion of capital. We will then use thc~e concepts in the context of historically specific social formarions to e~plaln the concrete phenomena of unequal development. • CONTRADICTIONS OF ACCUMULATION IWARTICULATED ECONOMIES The structure of a sectorally and socially articulated.
Hence, the world capitalist system, whose parts are related via the capitalist market, is capitalist throughout and has been so since Ihe origins of Western mercantilism in the sixteenth century. Consequently, underdevelopment in the periphery can only be blamed on capitalism" On the issue of the detenninant. atln America social relations that Imply commoditizatlon of both labor and the means of production and by the accumulation of capital on the basis of the appropriation of surplus value. The transition to capitalism and th.
The Agrarian Question and Reformism in Latin America by Alain de de Janvry
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