Accumulation and Development

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Accumulation and Development

By Celso Furtado
St. Martin's, 1983
201 pp. $27.50
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The Brazilian economist called his original work an "academic anti-book" when it first appeared in 1978 in France, where he teaches. It is a series of suggestive meditations involving power and reason, history and the future, dependence and interdependence, wealth and creativity-and quite a bit of repetition. One key thought is that the worldwide spread of industrial civilization is not just a continuation of the same process that industrialized the West. Another is that "in our time, the innovative capacity of industrial capitalism has proved itself most fertile on the international plane."

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