Save

Latin American Development in Historical Perspective

Capital Accumulation through Primary-Commodity Production and Ground-Rent Appropriation

In: Historical Materialism
Author:
Nicolás Grinberg Independent Research Fellow, National Scientific and Technical Research Council (CONICET)
Associate Professor in Comparative Economic Development, Centre for Economic Studies of Development, School for Interdisciplinary Advanced Social Studies (EIDAES), National University of San Martin (UNSAM) Buenos Aires Argentina

Search for other papers by Nicolás Grinberg in
Current site
Google Scholar
PubMed
Close
Download Citation Get Permissions

Access options

Get access to the full article by using one of the access options below.

Institutional Login

Log in with Open Athens, Shibboleth, or your institutional credentials

Login via Institution

Purchase

Buy instant access (PDF download and unlimited online access):

$40.00

Abstract

The paper challenges mainstream theories of Latin American development, showing their theoretical weaknesses and pointing to their role in ideologically mediating the region’s ‘truncated’ capitalism. To that end, the paper presents an alternative view of Latin American development that starts by considering capitalist social reproduction as a worldwide process and regional/national politico-economic development as mediations in the structuring of global capital accumulation. Latin America’s specific variety of capitalism is understood to have emerged from its original transformation by expanding European capital into a place to produce raw materials under favourable natural conditions. On the one hand, this has reduced their price and that of the labour-power directly or indirectly consuming them; on the other, it has resulted in a flow of surplus-value towards the owners of those natural conditions of production. The historical development of Latin American societies has expressed the partial overcoming of that antagonistic relationship between rent-paying capital and rent-appropriating landed property.

Content Metrics

All Time Past Year Past 30 Days
Abstract Views 836 314 21
Full Text Views 873 343 2
PDF Views & Downloads 2248 1180 5