How Great We Are

[Yoshie Furuhashi]

>At 04:46 PM 5/31/2002 -0400, Yoshie wrote:
>
>>I don't think that the wealth of a nation at the core simply rests 
>>on "stealing wealth from the periphery" (though a little of that is 
>>still going on, in the form of international debt servitude).  Such 
>>simple theft was what the Spanish Empire, for instance, practiced 
>>very early in its New World colonial career, and it didn't get them 
>>very far (it was soon overtaken by England where first capitalist 
>>social relations were born).  Wealth creation that matters in 
>>capitalism is based upon surplus value extraction, and much of 
>>surplus value is created & extracted right here.
>
>Yoshie, I see you abandoned the world systems/thirdworldism ship.  I 
>am impressed.
>
>wojtek

I don't think I've ever adopted the world systems theory, nor do I 
recall citing Immanuel Wallerstein, Andre Gunder Frank, Giovanni 
Arrighi, etc. favorably.  As for third-worldism, I remember agreeing 
with Aijaz Ahmad on his criticism of it in _In Theory: Classes, 
Nations, Literatures_.
-- 
Yoshie

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