Marxism Unmasked from Delusion to Destruction.pdf 7471KB

9th lecture
Foreign Investments and the
Spirit of Capitalism
Three hundrei) years a(xx economic condinom in the m^tkM uttc
more uniform than at present. There x^rre some vi\'a^ tribn. oTcoune.
but except for them the greater part of the v^'orW by and Urge had reached
the same level of technological deNrlopment and ciMhwtion Then there
came a radical change in u)me countne% Capitalism drvrloped in the>3WrM.
there was an accumulation and im-ritn>ent of capital, tooh >»Tfr periircted.
Western civilization dexrloped Toda>- therr w an immense diffcrrnce
between Western civilization in the "advanced" countTKn ol'thc %^T)fkl anJ
conditions in the "backward" countries
This distinction was esrn u^mewhat sharper in the earH' and middle
part of the nineteenth centurv A nun who sisited England artd Ronunia
in 17(K» would not hasr seen am rrnurkaNe ditferrfHes in the fneth«xl\
of pn>duction Hv the srar 1HS«». these ihrterrmes vsrtr etwrnwus
These ditlcrciuo were then «> consideraNe that t>ne could vi\, and some
people bclicsrd. that the disparities s%xYuld ne\rT disappear, that lhc>' would
renum forcser
These differences consisted in the i'^t thai their was grratrr capital
investnu-nt. vers nuuh greater capital imrttn»ent. in the Wra But this
capital investment, these capital gtvHh are rHxhing but intermeiltate
pnniucts 1 he head start these ii>«ntries has! attained osrr the "hackward"
countries consisted t>nlv in the nutter ot tin»e The Western njtxms had
started earlier on the road to\%ard impnmng economic condmom The
"backwanl" countries had still to begin Hut there was time It %s