Marx and Engels on Development and Underdevelopment: The Restoration of a Certain Coherence, Vujacic, Ivan, History of Political Economy; 20(3), Fall 1988, pages 471-98.

This paper explores the ambivalent and contradictory views held by Karl Marx and Friedrich Engels concerning the future development of t he colonies (underdeveloped countries). Both the modernization and neo-Marxist approaches to development/underdevelopment can claim legi timacy from the original texts. The conclusion is reached that these contradictory views can be reconciled by an analysis of the texts, the historical setting in which they were written, and by using the major categories used an d developed by Marx and Engels. Emphasis on the role of industrial capital and the articulation of the modes of production restores theoretical coherence to the texts.

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