ABSTRACT

This chapter presents some theoretical advances expounded from a newly developed Marxian theory of development that has tried to critically engage with the question of "economic development" by taking into consideration the historical backdrop and theoretical literature. The linkage between Western countries and the "backward nations" became important in early twentieth-century Marxian literature. The economic rise of least developed countries such as in East Asia was showcased as empirical evidence of Bill Warren's position. Post-developmentalism's acceptance of the received economic representation excludes the possibility of viewing the economy as decentered and disaggregated. The unpacking of the formal-informal economic dualism and the counter-cartograph of the economy through the class-focused decentering takes off by identifying three broad types of labor in the everyday: individual labor, non-labor, and collective labor. Following liberalization policies in the post-globalization period, global capital was privileged as the "center" with the intent to remap economies in relation to the new centrism.