ABSTRACT
In Modernization to Modes of Production, Taylor suggests that capitalist penetration of non-capitalist sectors of the Third World only reinforces existing social and economic relations; a situation that capitalism exploits in a continuous search for conditions and avenues for reproducing capital on a global scale. The penetration of colonial capital at the turn of the 19th century, and the exploitation of peasants' labour surplus and produce through direct European plunder and pillage, had left the peasants with memories and psyches that are continuously dominated by suspicion of foreign developers. The process of class differentiation, and the on-going agrarian accumulation in rural Nigeria, clearly support the contention that the projects have the tendency of extending class relations in the countryside. The tiny bourgeoisie in the underdeveloped section of the World economy only serve as conduits through which the economic aspirations of international capital are realized.
