In This Review

Crisis in the World Economy
Crisis in the World Economy
By Andre Gunder Frank
Holmes & Meier, 1980, 366 pp

The crisis in the capitalist world is diagnosed in old-fashioned Marxist terms, and then the Soviet Union, its allies, and China are condemned for easing the situation by their increasing participation in the international economy. The ruling classes of the developing countries in Professor Frank's view have turned the struggle for a New International Economic Order into bargaining about the terms of admission. All development strategies including self-reliance have proven bankrupt. The core passages, once found, are clear and concise, but the "documentation" is wordy and full of long quotations.