The second age of the Third World: from primitive accumulation to global public goods?

Abstract

The post-cold war era of neoliberal globalisation is the ‘Second Age of the Third World’. No longer defined by comparisons with advanced capitalism and state socialism, or by attempts to chart a non-aligned path between liberal and Marxist utopias, which characterised the ‘First Age of the Third World’, the Third World's identity is now constituted by its re-entry into the protracted process of primitive accumulation. Neoliberalism simultaneously accelerates and aggravates the uneven, destructive and creative route towards proletarianisation and private property. This prospect throws contemporary development theory into disarray, especially when confronted with the ever-present but usually hidden role of the increasingly internationalised state. The idea of global public goods has arisen out of this impasse. This article discusses primitive accumulation and global public goods, offering ‘public accumulation’ as an alternative.