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1. Haldun Glap
Abstract
Disputes, in recent years, over the significance of capitalist development in the Third World have ranged between those holding to the dependency theories of Frank and Amin and the proponents of the argument, associated with Warren, that capitalism provides the dynamic thrust of development. This dispute has often been referred to as the dialogue of the deaf because different meanings have been attached to the idea of development. Haldun Glalp, however, argues here that the ideal of development is common to both schools and that developmentalism has subsumed Marxist analyses of class and change in the world division of labour. He shows why capitalism has been conflated with imperialism, in the case of Warren, and why socialism, for Amin, is nothing other than some ideal model of auto-centric capitalism.
capitalism automatically led to territorial expansion, in order to find new resources and markets. However, the dependency theory and theories of economic underdevelopment of the Third World by colonial powers are contested by many economic historians. Bill Warren, a Marxist historian, disagreed with the dependency theorists:[6] There is no evidence of a process of underdevelopmentThe evidence rather supports a contrary thesis: that process of development has been taking placeand that this has been a direct result of the west. Other economists, such as Celso Furtado, have widely theorized on the specificities of third world economies, forming a concise theory of underdevelopment which understands it not simply as an early stage of a nation's economic history, but as a specific sort of modernized macroeconomic structure (a point of view which corroborates dependency theory, from a different perspective).