chapter  4
12 Pages

Uneven and Combined Development and Unequal Exchange: The Second Wind of Neoliberal ‘Free Trade’?

WithAndreas Bieler & Adam David Morton

ABSTRACT With capitalist social relations emerging in a prior system of absolutist states in

Europe, the outward expansion of capitalism through conditions of uneven and combined

development became dependent on the existence of multiple political entities. States in turn

are brought into relations of unequal exchange within the global economy. This article

analyses the way in which current neoliberal ‘free trade’ policies are related to these

fundamental capitalist dynamics, deepening further processes of uneven and combined

development as well as unequal exchange.