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Enduring Relevance: Samir Amin’s radical political economy — Ingrid Harvold Kvangraven et al

Summary:
Taking an integrative approach to the world system.At a time when much of social science has come to be centred around either methodological individualism or methodological nationalism – the notions that individuals and nation states, respectfully, are the most relevant units of analysis – Amin’s attention to global structures, that underpin an international system of exploitation, is a much needed contrast. In Amin’s work, both the structure of the global economy and the structural prejudice of eurocentrism, are key.Taking the structure of the global economy as a starting point led Amin to explore concepts such as core-periphery relations, imperialism and unequal exchange. He recognised that the global capitalist system is polarising and that the polarisation between the centre and the

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Taking an integrative approach to the world system.
At a time when much of social science has come to be centred around either methodological individualism or methodological nationalism – the notions that individuals and nation states, respectfully, are the most relevant units of analysis – Amin’s attention to global structures, that underpin an international system of exploitation, is a much needed contrast. In Amin’s work, both the structure of the global economy and the structural prejudice of eurocentrism, are key.

Taking the structure of the global economy as a starting point led Amin to explore concepts such as core-periphery relations, imperialism and unequal exchange. He recognised that the global capitalist system is polarising and that the polarisation between the centre and the periphery was a key part of this.[1] Note that Amin went beyond thinking only in core-periphery terms – which dependency theorists are often critiqued for – as he identified a range of classes of importance across both the core and periphery (see Jayati Ghosh’s article in the Special Issue). It is also worth noting that thinking structurally does not mean thinking deterministically. While Amin was ‘capable of a very high level of abstraction’, as Ghosh has written, and some could see his characterisations as sweeping, he was always ready to adapt his categories and understandings as the world changed, and his understanding of how outcomes were shaped was first and foremost dialectical – which led him to critique World Systems Theory for being static and for prioritising global relations over domestic.[2]….

In line with Marx’s famous phrase, interpreting the world is important, but ‘the point, however, is to change it,’ Amin never shied away from admitting that his work was driven by political ambitions to change the world. Indeed, Amin was a socialist from an early age and was concerned with responding to and building emancipatory social movements throughout his life.[4] This was reflected in his life-long organising efforts and activism, across a wide range of platforms and organisations, including the establishment of the Third World Forum in Dakar, where he helped set practical and intellectual agendas for socialist transformation on the continent, the establishment of the Council for the Development of Social Science Research in Africa (CODESRIA), which became an important vehicle of radical social science research and analysis in Africa, and his active engagement in the World Social Forum.

We find such explicit acknowledgement of political commitment especially inspiring and necessary at a time when the economics field in particular likes to cloak itself in deceitfully ‘objective’ language, even though knowledge production in the social sciences is necessarily ideological....

There is  no way to completely separate fact from value either in life or in social science and the humanities, and trying to emulate the natural sciences in this regard is either ignorant or disingenuous. This means that assumptions are always based on a point of view whose foundation is value-based. That is ideology.

Finally, it is important to be creative in the way we apply Amin’s method to understand social phenomena. Amin called himself a ‘creative Marxist’, by which he meant he would start from, rather than to stop at Marx. We find this approach from Amin to be particularly relevant to understand contemporary problems and especially from a Global South perspective. Starting from Marx allows for an understanding of class struggle, exploitation, and the polarising tendencies of capitalism, while going deeper into structural inequalities associated with imperialism, sexism and racism. Amin started this work, but we believe it is relevant to go beyond Amin. Indeed, we find it relevant to start from Amin, not to stop at Amin.…
The Chinese system affords a good example. It is based on Marxism and capitalism, with "Chinese characteristics," largely meaning Confucianism. It has done exceedingly well as a developmental model, but it is not exportable as such, although certain aspects and principles are. On the other hand, "the markete knows all" has not fared well as a developmental model either, owing to inherent asymmetry based on non-market conditions.

This post is a summary of the recent issue of ROKE. It's a bit longish but interesting if one is into world system and development economics, and is open to a Marxian approach.

Developing Economics
Enduring Relevance: Samir Amin’s radical political economy
Ingrid Harvold Kvangraven, Maria Dyveke Styve, Ushehwedu Kufakurinani and Ray Bush

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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