The New Bourgeoisie and the Limits of Dependency: Mining, Class, and Power in “Revolutionary” Peru

A long and detailed analysis of "bonanza development," which utilizes a rich resource (in this instance, copper) for financial support in conjunction with a new corporate national bourgeoisie of managers and entrepreneurs. The author finds that it has brought visible improvement in the political power and living standards of the working class, upon which socialist hopes ultimately hinge. Writing as a progressive, he strongly attacks dependency theory.