'outside the circuits of trade and capital' From: Doug Henwood <dhenwood at panix.com>
James Heartfield wrote:
>Doug writes:
>
>"Many poor countries are poor not because of foreign investment, but
>because they're largely outside the circuits of trade and capital. I
>can think of at least one person who gets very upset when I say
>that, but it's true."
>
>You can say that, but I don't think it is right to take the next
>step and argue that these areas of the world are outside the
>capitalist system altogether. Rather the terms of their integration
>into that system are those of uneven development. All the conditions
>that bound their development are set by capitalism, insofar as it
>can be conceived as a system.
Yup, I completely agree.
Doug
^^^^^^^^
CB: But wouldn't this mean they are poor BECAUSE they are within the circuits of trade and capital, sort of , not because they are outside of them ?