{"resolved":true,"match_type":"uuid","source_type":"original_book","book_id":"4a3d22bd-c5b9-47a4-a022-bd35d44d9bfe","title":"Zombie Capitalism Global Crisis and the Relevance of Marx","author":null,"edition":null,"publisher":null,"year":null,"isbn":"9781608461042","requested_by":"printed_page","book":{"source_type":"original_book","book_id":"4a3d22bd-c5b9-47a4-a022-bd35d44d9bfe","id":"4a3d22bd-c5b9-47a4-a022-bd35d44d9bfe","uuid":"4a3d22bd-c5b9-47a4-a022-bd35d44d9bfe","title":"Zombie Capitalism Global Crisis and the Relevance of Marx","normalized_title":"zombiecapitalismglobalcrisisandtherelevanceofmarx","author":null,"edition":null,"publisher":null,"year":null,"isbn":"9781608461042","isbns":["9781608461042"],"parsed":true,"ai_readable":true,"document_type":"book","page_count":426,"navigation_url":"https://workshop.closeclaw.top/ai/book/4a3d22bd-c5b9-47a4-a022-bd35d44d9bfe","title_url":"https://workshop.closeclaw.top/ai/title/Zombie%20Capitalism%20Global%20Crisis%20and%20the%20Relevance%20of%20Marx","fixed_page_url_template":"https://workshop.closeclaw.top/ai/book/4a3d22bd-c5b9-47a4-a022-bd35d44d9bfe/page/{printed_page}","path_api_url_template":"https://workshop.closeclaw.top/api/ai/book/4a3d22bd-c5b9-47a4-a022-bd35d44d9bfe/page/{printed_page}","read_url":"https://workshop.closeclaw.top/api/ai/read/4a3d22bd-c5b9-47a4-a022-bd35d44d9bfe","page_url":"https://workshop.closeclaw.top/api/ai/books/4a3d22bd-c5b9-47a4-a022-bd35d44d9bfe/page","search_url":"https://workshop.closeclaw.top/api/ai/books/4a3d22bd-c5b9-47a4-a022-bd35d44d9bfe/search"},"page":{"printed_page":187,"pdf_page":187,"physical_index":187,"physical_index_base":0,"printed_page_status":"recognized","page_sha256":"4be3fa5f562968c08561aab1e046b55d258913468f3f8c1cde92bcf370a356e6"},"chapter":"Zombie Capitalism Global Crisis and the Relevance of Marx","content":"Adding:\n\nThe establishment of a socialist planned economy is the essential, indeed indispensable, condition for the attainment of economic and social progress in underdeveloped countries.64\n\nGunder Frank was just as adamant:\n\nNo country which has been tied to the metropolis as a satellite through incorporation in the world capitalist system has achieved the rank of an economically developed country except by finally abandoning the capitalist system.65\n\n\"Socialism\" for Baran and \"breaking with capitalism\" for Gunder Frank meant following the model of Stalinist Russia.66\n\nThe \"dependency\" argument, whether in its mainstream or radical form, was a weak one. It assumed that capitalists from the advanced countries who invested in the Third World would deliberately choose not to build up industry even when it would have been profitable. This did not fit the facts. There was considerable foreign finance of industrial development in Tsarist Russia, Argentina and the British dominions before the First World War. Nor did Western states at all times use their power to prevent industrialisation. Sometimes they did and sometimes they did not. Finally, a ruling class of one country which depends on bigger capitalist countries for much of its trade and investment does not completely lose its ability to forge an independent path of capital accumulation. The European economies, for instance, have long been to a high degree dependent on what happens in the US economy without the European ruling classes simply becoming American puppets.\n\nSo pervasive was the view that \"capitalism means underdevelopment\" that people read it back into some of the Marxist classics. Baran quoted Lenin to back up his case, while even someone as perceptive as Nigel Harris could ascribe such views to \"the Bolsheviks in 1917\". 67\n\nLenin's writings on imperialism had in fact put forward a completely different view, as did Leon Trotsky's writings of the late 1920s. Lenin wrote that the export of capital \"accelerates the development of capitalism in the countries to which it is exported\", 68 while Trotsky wrote that capitalism \"equalises the cultural and economic development of the most advanced and most backward countries\", 69 even if as it did so \"developing some parts of the world economy while hampering and throwing back the development of others\" .70\n\nThe Long Boom\n\n187","previous_page":186,"next_page":188}