Ocupation: Revolutionary
Life: June 14, 1928 - October 9, 1967
Birthday: June 14
Death: October 9
The inflow of capital from the developed countries is the prerequisite for the establishment of economic dependence. This inflow takes various forms: loans granted on onerous terms; investments that place a given country in the power of the investors; almost total technological subordination of the dependent country to the developed country; control of a country's foreign trade by the big international monopolies; and in extreme cases, the use of force as an economic weapon in support of the other forms of exploitation.
source: "On Development". Speech delivered at the plenary session of the United Nations Conference on Trade and Development, www.marxists.org. March 25, 1964.
topic: Country, Support, Use, Subordination, Foreign Trade