Economía marxista para el Siglo XXI


Michael Roberts Blog

A review of Imperialism in the 21st century by John Smith, published by the Monthly Review Press.

John Smith’s book is a powerful and searing indictment of the exploitation of billions of people in what used to be called the Third World and is now called the ‘emerging’ or ‘developing’ economies by mainstream economics (and is called ‘the South’ by Smith).  But the book is much, much more than that.  After years of research including a PhD thesis, John has made an important and original contribution to our understanding of modern imperialism, both theoretically and empirically.  In this sense, his Imperialism is a complement to Tony Norfield’s The City, reviewed previously in this blog – or should I say Tony’s is a complement to John Smith’s.  While Tony Norfield’s book shows the development of finance capital in the modern imperialist countries and the dominance of the financial powers…

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