Accumulation on a World Scale

Samir Amin has undertaken an ambitious task: nothing less than an analysis of the process of capital accumulation on a global level. Drawing on a wide range of empirical material from Africa and the Middle East, Amin attempts to demonstrate, through a critique of writings on “underdevelopment,” how accumulation in advanced capitalist countries prevents development, however that may be defined, within the peripheral social formations, usually referred to as “underdeveloped” countries. Samir Amin ranks among those who realize the necessity not merely to comprehend the growing crisis of world capitalism, as it manifests itself within individual nation states, but also at the world level.

Author Biography

Samir Amin was one of Africa’s leading Marxists and world-systems analysts. He is well known for his work on non-Eurocentric Marxism, imperial rent, the global monopoly phase of capitalism, delinking; his call for a Fifth International of workers and peoples and his anti-imperialism.