Dr. Weeks presents a detailed critique of dependency theory as an explanation of underdevelopment and offers an alternative theory based on the internal contradictions within underdeveloped countries and the competitive nature of international capitalism. Applying his theory to Peru, he shows how the country has been transformed over the last thirt

Dr. John Weeks is professor of economics at the American University in Washington, D.C., and the author of Capital and Exploitation (1982) and The Economies of Central America (1984).

Westview Replica Editions -- Introduction -- The Limits to Accumulation in Backward Countries: A Critique -- The Pattern of U.S. Foreign Direct Investment -- The Limits to Capitalist Accumulation in Backward Countries: A Theory -- Accumulation in Peru, 1950-1980 -- Growth and Composition of Peruvian Manufacturing -- Concentration and Centralization in Manufacturing -- The Material Condition of the Working Class -- Pattern of Ownership and the Efficiency of Capitals -- Collapse of the National Bourgeois Project -- Summary and Conclusions