Abstract
Research Unit for Political Economy's (RUPE's) brief historical account here of origins of Marxist theory of imperialism constitutes a crucial corrective to common errors regarding that history. In my article, The Imperialist World System: Paul Baran's Political Economy of Growth After Fifty Years (Monthly Review, May 2007), I began by pointing out that Baran's book was an outgrowth of classical Marxist thought—the ideas of Marx, Lenin, and Luxemburg. At same time it represented a sharp departure from rigid orthodoxy of linear development that had come to characterize so much of socialist (as well as bourgeois) thought—often presented in terms of Horace's phrase, quoted by Marx, the tale is told of you. Baran's treatment of imperialist world system was a startling contribution at time that his book appeared, challenging conventional assumptions of both right and an increasingly calcified leftThis article can also be found at Monthly Review website, where most recent articles are published in full.Click here to purchase a PDF version of this article at Monthly Review website.
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