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Elusive Development

A blog about development challenges in the developing world

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Author: Dmitry Pozhidaev

Serbia in 2024: A Reflection of Global Capitalist Contradictions
  • Dmitry Pozhidaev
  • December 31, 2024December 31, 2024

Serbia in 2024: A Reflection of Global Capitalist Contradictions

First published at LINKS Introduction There are countries that shape global politics and those that are shaped by it. Serbia belongs to the latter. As a small nation on the receiving end of global

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Serbia as super-periphery: Growth without quality and transformation
  • Dmitry Pozhidaev
  • December 14, 2024

Serbia as super-periphery: Growth without quality and transformation

Democratic backsliding and growth in Serbia In a previous article, I critiqued this year’s Nobel Prize for its institutional theory on development, highlighting Serbia as a case where economic gr

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The myth of Yugoslavia living on debt
  • Dmitry Pozhidaev
  • December 2, 2024
  • 1 Comment

The myth of Yugoslavia living on debt

My recent article, published at LINKS to commemorate the anniversary of the founding of socialist Yugoslavia in 1943, has sparked criticism for allegedly being too apologetic. It is true that socia

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The Long Retreat: Capitalism, Crisis, and the Left’s Challenge
  • Dmitry Pozhidaev
  • November 30, 2024November 30, 2024

The Long Retreat: Capitalism, Crisis, and the Left’s Challenge

Originally published at LINKS Boris Kagarlitsky, a prominent leftist thinker, political prisoner, and fierce critic of neoliberal capitalism, has consistently offered a critical lens on global capi

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Whataboutism as a Marxist Tool: Challenging Hegemony and Rebuilding the Left
  • Dmitry Pozhidaev
  • November 23, 2024November 26, 2024

Whataboutism as a Marxist Tool: Challenging Hegemony and Rebuilding the Left

Whataboutism: A Marxist critique of hegemonic narratives Critics of whataboutism often accuse it of nihilism, relativism, or a lack of moral courage to take a “just” position. But this

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Marx, Marginalism, and the True Nature of Capitalism
  • Dmitry Pozhidaev
  • November 10, 2024

Marx, Marginalism, and the True Nature of Capitalism

Karl Marx’s economic theory, despite being one of the most comprehensive critiques of capitalism, has often been criticized for lacking the mathematical rigor associated with modern economic anal

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Great Disappointment Revisited: Neoliberal Capture During and After COVID-19
  • Dmitry Pozhidaev
  • November 2, 2024

Great Disappointment Revisited: Neoliberal Capture During and After COVID-19

I was surprised to learn from my friend Pascale Delpeche, the widow of the outstanding Yugoslav writer Danilo Kiš (rumor has it he was once considered for the Nobel Prize in Literature but passed

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The United Nations: Balancing High Ideals and Harsh Realities
  • Dmitry Pozhidaev
  • October 29, 2024

The United Nations: Balancing High Ideals and Harsh Realities

October 24th marks United Nations Day, commemorating the moment in 1945 when the UN officially came into being, following the ratification of its Charter by the majority of signatories, including t

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The Nobel Prize for Institutions: A Critique of Acemoglu and Robinson’s Framework
  • Dmitry Pozhidaev
  • October 19, 2024

The Nobel Prize for Institutions: A Critique of Acemoglu and Robinson’s Framework

Introduction On the same day the Nobel Committee announced its decision to award the 2024 Nobel Prize in Economics to Daron Acemoglu, Simon Johnson, and James A. Robinson for their work on institut

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A Class Analysis of Russia’s Imperialism
  • Dmitry Pozhidaev
  • October 2, 2024October 2, 2024

A Class Analysis of Russia’s Imperialism

First published at LINKS International Journal of Socialist Renewal In his interview “Political imperialism, Putin’s Russia, and the need for a global left alternative,” Ilya Matveev

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