Celso Furtado was a major figure of economic thought in the latter half of the twentieth century, who also served as Brazilian Minister of Planning and Minister of Culture and was nominated for the 2004 Nobel Prize.

“The Latin American 'structuralists' made a Copernican jump in understanding of economic development by taking the closed-system world economy rather than the country as the unit of analysis, and showing 'developed' and 'less developed' to be like Siamese twins. Furtado was a leader of this school, and this short book is an outstanding example of the power of the approach, compared to that of the neoclassical mainstream.”Robert H. Wade, London School of Economics“This 1974 book is a classic”Journal of Economics

• Introduction – Ndongo Samba Sylla vi 1 The Prophecy of Collapse 12 The Structural Evolution of the Capitalist System 73 Large Companies in New Center–Periphery Relations 284 Options for Peripheral Countries 465 The Myth of Economic Development 55Notes 64Index 74

Celso Furtado was a major figure of economic thought in the latter half of the twentieth century, who also served as Brazilian Minister of Planning and Minister of Culture and was nominated for the 2004 Nobel Prize.

“The Latin American 'structuralists' made a Copernican jump in understanding of economic development by taking the closed-system world economy rather than the country as the unit of analysis, and showing 'developed' and 'less developed' to be like Siamese twins. Furtado was a leader of this school, and this short book is an outstanding example of the power of the approach, compared to that of the neoclassical mainstream.”Robert H. Wade, London School of Economics“This 1974 book is a classic”Journal of Economics

• Introduction – Ndongo Samba Sylla vi 1 The Prophecy of Collapse 12 The Structural Evolution of the Capitalist System 73 Large Companies in New Center–Periphery Relations 284 Options for Peripheral Countries 465 The Myth of Economic Development 55Notes 64Index 74

Celso Furtado was a major figure of economic thought in the latter half of the twentieth century, who also served as Brazilian Minister of Planning and Minister of Culture and was nominated for the 2004 Nobel Prize.

“The Latin American 'structuralists' made a Copernican jump in understanding of economic development by taking the closed-system world economy rather than the country as the unit of analysis, and showing 'developed' and 'less developed' to be like Siamese twins. Furtado was a leader of this school, and this short book is an outstanding example of the power of the approach, compared to that of the neoclassical mainstream.”Robert H. Wade, London School of Economics“This 1974 book is a classic”Journal of Economics

• Introduction – Ndongo Samba Sylla vi 1 The Prophecy of Collapse 12 The Structural Evolution of the Capitalist System 73 Large Companies in New Center–Periphery Relations 284 Options for Peripheral Countries 465 The Myth of Economic Development 55Notes 64Index 74