Review: An Inquiry into the Poverty of Nations

Mattick, Paul
http://www.connexions.org/CxArchive/MIA/mattick-paul/1968/poverty-nations.htm
http://www.marxists.org/archive/mattick-paul/1968/poverty-nations.htm
Publisher:  International Socialist Journal
Year Published:  1968
Resource Type:  Article
Cx Number:  CX10513

Myrdal's dilemma is his theoretical attempt to combine irreconcilable, namely, a capitalist market economy with authoritarian controls designed to subject capital production to actual social needs. This forces him to misunderstand both capitalism and socialism, and to provide them with features they do not possess. It induces him also to assume that it is actually possible to treat the development problems of South Asia in relative isolation from the problems of the capitalist world economy.

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