4min chapter

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Episode 67: Are revolutions in the west impossible? - unequal exchange with Torkil Lauesen

The Deprogram

CHAPTER

Emmanuel's Theory of Unequal Exchange

Theory or idea of unequal exchange came out in the middle, actually in 63. The first formulation was Emmanuel's and it also appeared in slightly different forms. Wallach-tine's world system theory is very much based on state theory; manini looks at it from way independent Latin America developed its special form of capitalism. So I think that he is kind of the basic unequal exchange and the other ones, it's kind of the supplements and to his way of thinking.

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