Brad’s Reviews > Unequal Development: An Essay on the Social Formations of Peripheral Capitalism > Status Update
Brad
is on page 68 of 440
— Feb 20, 2026 11:45AM
The only way forward for capitalism – faced with the transcending of the system by socialism, with the contradiction between productive forces and production relations – is state capitalism.
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Brad’s Previous Updates
Brad
is on page 302 of 440
— Mar 01, 2026 08:37PM
Gradually, the Palestine problem became the pivot of the 'Arab question', the test of capacity for the various social classes that aspired to lead the anti-imperialist national movement. It was on this test that there came to grief both the comprador, latifundia-owning bourgeois generation and then the petty-bourgeoisie.
Brad
is on page 293 of 440
— Feb 28, 2026 05:14PM
None of the features that define the structure of the periphery is thus weakened as economic growth proceeds: on the contrary, these features are accentuated. Whereas at the center, growth means development, making the economy more integral, in the periphery growth does not mean development, for it disarticulates the economy — it is only a ‘development of underdevelopment’.
Brad
is on page 291 of 440
— Feb 28, 2026 04:48PM
Exports that are destined for the center cannot grow faster than demand at the center — that is, approximately at the rate of growth of the center: it is impossible for a country to catch up on its historical handicap while sticking to the basis of international specialization.
Brad
is on page 212 of 440
— Feb 25, 2026 11:37AM
The international division of labour [reproduces] its own conditions, splitting the world labour market into watertight national markets with big differences in rewards. It deepens unequal exchange by internalizing this in the firm.
Brad
is on page 196 of 440
"To say that the theory of unequal exchange means that ‘the workers at the center exploit those at the periphery ‘ is meaningless, since only ownership of capital makes exploitation possible…To say...that it means that the bourgeoisie of the periphery is...interested in shaking off the domination of the center, [forgets] that this bourgeoisie has been formed...in the wake of the bourgeoisie of the center."
— Feb 24, 2026 10:28PM
Brad
is on page 195 of 440
— Feb 24, 2026 10:12PM
A policy of development for the benefit of the masses would have to base itself upon a fundamental revision of priorities in the allocation of resources, implying rejection of the rules of profitability. That is what a strategy of transition would mean.
Brad
is on page 151 of 440
— Feb 23, 2026 10:02PM
The doctrine of free trade has only ever been preached by the stronger, after they have established a dominant position by other means.
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Feb 20, 2026 12:12PM
“State ownership [brings] the production relations up to the level of development of the productive forces…It imposes social planning as a way of managing the economy. How is it possible now to define prices otherwise than as purely conventional, since the entire social product appears as a single commodity – with labour power as the only other commodity? It is only this last point that the frontier lies between state capitalism and socialism."
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