20min chapter

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Walter Rodney, Marxism, and Underdevelopment with D. Musa Springer & Charisse Burden-Stelly

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CHAPTER

Unequal Exchange and Underdevelopment

This chapter explores the concept of unequal exchange in the global economy, highlighting the significant value flow from the Global South to the Global North. It examines the historical implications of imperialism and dependency theory, emphasizing how colonialism has perpetuated socio-economic inequalities. The discussion emphasizes the enduring relevance of Walter Rodney's insights into underdevelopment and the importance of ethical engagement in contemporary activism.

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