VALUE TRANSFER AND UNEVEN DEVELOPMENT: A COMPARATIVE ANALYSIS

Abstract

This article aims to provide a treatment on the value transfer and uneven development from the classic Marxist theory of competition and absolute advantages. The way this theory addresses the problem maintain an important difference from those who perceive a direct relationship in value transfer between nations and underdevelopment. The understanding proposed here sees the uneven development and the transfer of value as intrinsic to the capital accumulation process and it establishes that the problem analysis must be done first at the level of different capitals and not of the different nations.