U-V: Usury to Vested Interests by Michael Hudson

by Michael Hudson
Writer, Dandelion Salad
March 31, 2015

letter U

Image by Leo Reynolds via Flickr

Parts U-V in the .

Underdevelopment: The term coined by Andre Gunder Frank to describe the policies which former European colonies and more contemporary third-world countries have been turned into indebted raw-materials exporters rather than balanced economies capable of feeding themselves. (See World System.)

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