Abstract
This paper addresses itself to the question of economic development from a political perspective. We are sometimes led to believe that political change and economic transformation are only remotely related. Proponents of academic specialization in the social sciences, especially in the United States, have insistently tried to divorce the study of politics from that of economics; political economy is shunned as a bit of socialist nomenclature. While it is understandable that such an academic orientation serves only to blur the intimate relationship between politics and economics, thus promoting a capitalist method of analysis, there is a growing awareness of the futility of such an approach.This article can also be found at the Monthly Review website, where most recent articles are published in full.Click here to purchase a PDF version of this article at the Monthly Review website.
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