Journal article

Unequal exchange and uneven development.

SPH Foot, MJ Webber

Environment & Planning D: Society & Space | Published : 1983

Abstract

Criticizes Emmanuel's theory of unequal exchange for its inconsistent use of Marxian categories. Identifies unequal exchange as a process which keeps the rate of profit high in developed sectors of production and emphasizes its magnitude. Suggests that the deviation of observed prices from prices of production may be a more important component of unequal exchange than the deviation of prices of production from values. -from Authors

University of Melbourne Researchers

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