This book explains the dynamics of industrialization in Peru between 1950 and 1980 in the stage of capitalist development when the export of productive capital has become significant. It investigates the development of the Peruvian manufacturing sector and agricultural sector.
Introduction 1. The Limits to Accumulation in Backward Countries: A Critique 2. The Pattern of U.S. Foreign Direct investment 3. The Limits to Capitalist Accumulation in Backward Countries: A theory 4. Accumulation in Peru, 1950–1980 5. Growth and Composition of Peruvian Manufacturing 6. Concentration and Centralization in Manufacturing 7. The Material Condition of the Working Class 8. Pattern of Ownership and the Efficiency of Capitals 9. Collapse of the National Bourgeois Project 10. Summary and Conclusions