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Dependency Theory

The Dialectics of Dependency: Ruy Mauro Marini

WINNER, PAUL A. BARAN – PAUL M. SWEEZY MEMORIAL AWARD

Considered one of the most important intellectuals in Latin American social thought, Ruy Mauro Marini demonstrated that underdevelopment and development are the result of relations between economies in the world market, and the class relations they engender.  In The Dialectics of Dependency, the Brazilian sociologist and revolutionary showed that, as Latin America came to specialize in the production of raw materials and foodstuffs while importing manufactured goods, a process of unequal exchange took shape that created a transfer of value to the imperialist centers. This encouraged capitalists in the periphery to resort to the superexploitation of workers

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