Capitalism from Above and Capitalism from Below: An Essay in Comparative Political Economy
T. Byres,Professor of Political Economy and Head of the Department of Economics at the School of Oriental and African Studies Terence J Byres (University of London),Byres
Capitalism from Above and Capitalism from Below: An Essay in Comparative Political Economy
T. Byres,Professor of Political Economy and Head of the Department of Economics at the School of Oriental and African Studies Terence J Byres (University of London),Byres
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The distinction between ‘capitalism from above’ and ‘capitalism from below’ is important in the analysis of the agrarian question in poor countries. The ‘Prussian path’ and the ‘American path’ are here examined, against existing historical scholarship. Their unfolding, from their earliest roots to the point of final ‘agrarian transition’ in the nineteenth and twentieth centuries, is considered. The dialectic between social relations and productive forces, mediated as it was by the state, is treated and the implications for capitalist industrialisation scrutinised.
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