Capitalism, Dependency and Ultra-imperialism

The book presents an alternative view of globalization, emphasizing its roots in capitalism and the resulting political economic structures. It argues that globalization does not merely transfer capitalist frameworks from developed to developing nations, but rather creates a dynamic where a dominant, ultraimperialist Centre exploits a diverse and fractured Periphery. The text discusses how capitalism's penetration into underdeveloped areas leads to economic deformities and labor disempowerment, while also highlighting the emergence of a multipolar global system characterized by competing ideologies and the looming threat of a globalization of rent.