03085cam a2200361 i 4500001001300000003000600013007000300019008004100022010001700063020003000080020002700110020002900137020002600166035004100192050002000233100002000253245008700273260004700360300001500407490001900422500005500441504005100496505024500547520007500792520159600867650002602463651002602489651003902515700003702554942001202591952010502603999001502708on1134778439OCoLCta210616s2020    enk      b    001 0 eng    a  2020012870  a9781509540143 (paperback)  a1509540148 (paperback)  a9781509540136 (hardback)  a150954013X (hardback)  a(OCoLC)1134778439z(OCoLC)1134783047  aHD82b.F87 20201 aFurtado, Celso.14aThe myth of economic development /cCelso Furtado ; translated by Jordan B. Jones.  aCambridge, U.K. : bPolity Press, cc2020.  axxx, 79 p.0 aCritical South  aTranslation of: Mito do Desenvolvimento Economico.  aIncludes bibliographical references and index.0 aIntroduction / Ndongo Samba Sylla -- The prophecy of collapse -- The structural evolution of the capitalist system -- Large companies in new center-periphery relations -- Options for peripheral countries -- The myth of economic development.  a"A classic work by a major figure of Latin American dependency theory"  aThis classic work remains one of the most incisive contributions to dependency theory in the Latin American context. While agreeing with other dependency theorists that underdevelopment on the Latin America periphery was structurally connected to the accumulation of capital in the advanced economies at the core of the global capitalist system, Furtado went further and argued that the very idea of development in the periphery is a myth, deceiving countries into focusing on narrow economic factors such as the rate of investment and the volume of exports to the detriment of their human well-being. Moreover, the costs of development in terms of environmental destruction would be catastrophic for the planet: the idea that the poor in Latin America and elsewhere might someday enjoy the livelihoods of today's rich people is unrealizable in practice, and any attempt to generalize the lifestyles of the world's well-off would lead to the collapse of civilization. Adhering to the ideas of development and progress is not only misleading: it is also a form of cultural domination that stifles creativity and blocks the imagination of alternative life forms that would be better aligned to the conditions of life in Latin America and elsewhere.  This prescient analysis of economic development and underdevelopment in Latin America retains its relevance today and will be of interest to anyone concerned with issues of political economy and culture in the Global South, as well as students and scholars in political economy, development studies, Latin American Studies and critical theory. 4aEconomic development. 4aDeveloping countries. 4aBrazilxEconomic conditionsy1945-1 aJones, Jordan Benjamin, d1989-   2lcccBK  00104070aPNLIBbPNLIBcGENd2021-06-17oHD82 .F87 2020pPNLIB21062732r2021-06-17w2021-06-17yBK  c2919d2919