Accumulation on a World Scale: A Critique of the Theory of Underdevelopment. (2 Volumes) 1, 2

Samir Amin has undertaken an ambitious task: nothing less than an analysis of the process of capital accumulation on a global level. Drawing on a wide range of empirical material from Africa and the Middle East, Amin attempts to demonstrate, through a critique of writings on "underdevelopment," how accumulation in advanced capitalist countries prevents development, however that may be defined, within the peripheral social formations, usually referred to as "underdeveloped" countries. Samir Amin ranks among those who realize the necessity not merely to comprehend the growing crisis of world capitalism, as it manifests itself within individual nation states, but also at the world level. --From publisher's description V.1. Unequal International Specialization And The International Flow Of Capital -- The Formations Of Peripheral Capitalism -- V.2. The Formations Of Peripheral Capitalism -- The Monetary Mechanisms In The Periphery And The World Monetary System -- The Role Of The Periphery In The World Conjuncture -- The Adjustment Of Periphery's Balance Of External Payments. Translated By Brian Pearce. Translation Of L'accumulation à L'échelle Mondiale. Bibliography: V. 1, P. 329-358; V. 2, P. 637-666.