Out from Underdevelopment: Prospects for the Third World

Claiming that the Third World countries are not caught in a hopeless situation, James H. Mittelman analyzes alternative strategies for overcoming underdevelopment. His thesis is that, unlike policies that fully embrace or repudiate global capitalism, a strategy of balancing the ties of dependency offers a clear chance for productive economic growth on terms consistent with the needs and aspirations of ordinary people. The key elements of this strategy are reducing reliance on global capital...