Marxist Theories of Development: Development and Underdevelopment in Contemporary Capitalism

Author(s)	Partha Pratim Borah
Country	India
Abstract	This paper aims to examine the Marxist theory of development critically. The limitation of various development theories in explaining the reasons for underdevelopment in the case of third-world countries creates the significance of the Marxist theory. The perspective provided by Marxists and other new Marxist approaches gives us a new way to examine the existence of both ‘development’ and ‘underdevelopment’ within the same capitalism.
Keywords	Marxist, development, underdevelopment, dependency, world-system.
Field	Sociology
Published In	Volume 6, Issue 4, July-August 2024
Published On	2024-07-27
Cite This	Marxist Theories of Development: Development and Underdevelopment in Contemporary Capitalism - Partha Pratim Borah - IJFMR Volume 6, Issue 4, July-August 2024. DOI 10.36948/ijfmr.2024.v06i04.25117
DOI	https://doi.org/10.36948/ijfmr.2024.v06i04.25117
Short DOI	https://doi.org/gt5hkz

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