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Elusive Development

A blog about development challenges in the developing world

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Tag: unequal exchange

The Capitalism of the Good: When the West Becomes a Victim of Its Own Virtue
  • Dmitry Pozhidaev
  • May 26, 2026May 27, 2026
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The Capitalism of the Good: When the West Becomes a Victim of Its Own Virtue

Among analytical resources covering contemporary Russia, Re:Russia occupies a distinctive and important place. At a time when much commentary on Russia oscillates between ideological certainty and

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Reinvigorating Marx: A Critical Exploration of Value Theory in 21st-Century Capitalism
  • Dmitry Pozhidaev
  • September 8, 2024

Reinvigorating Marx: A Critical Exploration of Value Theory in 21st-Century Capitalism

MARX’S VALUE THEORY IN A NEW ERA Capitalism in the Twenty-first Century Through the Prism of Value by Guglielmo Carchedi and Michael Roberts aims to explain 21st-century capitalism through Ma

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