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Between 1905 and 1949, the economic and political map of the world was altered decisively. The basis was created for the first experiements for establishing an egalitarian social order. Prolonged and intense debates on the nature of agrarian relations, and on the role of the peasantry in relation to the working class, took place in teh course of these revolutionary movements. These debates were actuated by the need to theorise the specific cla...

Those who control the world's commanding economic heights, buttressed by the theories of mainstream economists, presume that capitalism is a self-contained and self-generating system. Nothing could be further from the truth. In this pathbreaking book-winner of the Paul A. Baran-Paul M. Sweezy Memorial Award

A comprehensive survey of capitalism's colonialist roots and uncertain futureThose who control the world's commanding economic heights, buttressed by the theories of mainstream economists, presume that capitalism is a self-contained and self-generating system. Nothing could be further from the truth. In this pathbreaking book-winner of the Paul A. Baran-Paul M. Sweezy Memorial Award-radical political economists Utsa Patnaik and Prabhat Patnaik...

The capitalist world manoeuvres to control agricultural production in developing countries where neoliberalism has already decreased food security. But the northern justifications for unequal trade are fallacious. Unless the land rights of small producers are defended, their active resistance will undermine political stability.

In A Theory of Imperialism, the economists Utsa Patnaik and Prabhat Patnaik present a new theory of the origins and mechanics of capitalism that sounds an alarm about its ongoing viability. Their theory centers on trade between the core economies of the global North and the tropical and subtropical countries of the global South and considers how the demand for commodities (such as agricultural products and oil) from the South has perpetuated a...

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