The Political Economy of Capitalism, Colonialism, Democracy and Development

This volume of essays revisits the ideas developed in classical political economy and in the work of Keynes and the Keynesians, viewing them through a lens incorporating analyses of the logic and consequences of colonialism and neocolonialism. Recognizing that the colonies and the post-decolonization neocolonial order were and are essential prerequisites for sustained capitalist accumulation, the essays assess the adequacy of the writings of the classical economists as means to understand the dynamics of capitalism as it actually evolved.