Stealing the Third World's Nonrenewable Resources: Lessons from Brazil

Abstract

In a recent Monthly Review article ("New Light on Dependency and Dependent Development," January 1983) Arthur MacEwan noted that while "Marxists have often argued that economic development would not take place in the capitalist periphery," in fact over the last few decades "in certain parts of the periphery capitalism was attaining some undeniable successes, at least in terms of economic growth and a degree of industrialization." And, as MacEwan concluded, "the new role being played by oil-exporting countries forms the most dramatic example of the insufficiency of the simple center-periphery view of imperialism. The rising economic strength of Brazil and a few other 'semi-peripheral' or 'newly industrializing' countries must also be taken into account." (p. 25)

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