The Crisis of Capitalism and Unequal Development in the Doctrine of Samir Amin: The Case of Venezuela

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Aicha El Alaoui
Aicha El Alaoui

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The Crisis of Capitalism and Unequal Development in the Doctrine of Samir Amin: The Case of Venezuela

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Abstract

The objective conditions of a systemic crisis existed everywhere. Crises are inherent in capitalism, which produces them recurrently, each time deeply. It is not necessary to apprehend each crisis separately, but globally (Samir Amin, 2012). At the beginning of the year 2019, Venezuela is in the “global chaos”: the crisis is the worse than the one known by the United States during the Great Depression of 1929-1933. My reflection in thisarticle revolves around the following questions: Can we say that the crisis in Venezuela is the logical consequence of the crises in the global economic system? Can we conclude that this crisis is the “systemic crisis” which shows that the capitalist system is in its phase of the ‘old age’? Can we analyze as the result of the domination of a periphery by a center? Can we consider that this crisis is a permanent war of the North against the South? To give some answers, this article tries to analyze these questions by adopting the critical approach of Samir Amin as an anti-capitalist or antiimperialist theorist and philosopher.

References

9 Cites in Article
  1. Paul Cammack Démocratie et citoyenneté en Amérique latine.
  2. (2018). World Economic Outlook, October 2018: Challenges to Steady Growth.
  3. Neal Lowenthal,Mercedes (1994). L'Amérique latine: échec ou renaissance ?.
  4. Samir Amin (2012). Interview de Ruben Ramboer, publié par Le Grand Soir.
  5. Samir Amin (2009). Sortir de la crise du capitalisme ou sortir du capitalisme en crise?.
  6. Samir Amin (2008). Unknown Title.
  7. Samir Amin (1994). Une présentation lors de tables rondes de la 11ème session internationale de formation à l'enseignement des droits de l'homme et de la paix du CIFEDHOP.
  8. Stephen Kaplan,Michael Penfold (2019). China-Venezuelan Economic Relations: Hedging Venezuelan Bets with Chinese Characteristics.
  9. Summary of the 2018 National Defense Strategy of the United States of America: Sharpening the American Military's Competitive Edge.

Funding

No external funding was declared for this work.

Conflict of Interest

The authors declare no conflict of interest.

Ethical Approval

No ethics committee approval was required for this article type.

Data Availability

Not applicable for this article.

How to Cite This Article

Aicha El Alaoui. 2019. \u201cThe Crisis of Capitalism and Unequal Development in the Doctrine of Samir Amin: The Case of Venezuela\u201d. Global Journal of Management and Business Research - B: Economic & Commerce GJMBR-B Volume 19 (GJMBR Volume 19 Issue B5): .

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Issue Cover
GJMBR Volume 19 Issue B5
Pg. 47- 57
Journal Specifications

Crossref Journal DOI 10.17406/GJMBR

Print ISSN 0975-5853

e-ISSN 2249-4588

Keywords
Classification
GJMBR-B Classification: JEL Code: B24 ; D63 ; E11
Version of record

v1.2

Issue date

September 30, 2019

Language
fr
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Published Article

The objective conditions of a systemic crisis existed everywhere. Crises are inherent in capitalism, which produces them recurrently, each time deeply. It is not necessary to apprehend each crisis separately, but globally (Samir Amin, 2012). At the beginning of the year 2019, Venezuela is in the “global chaos”: the crisis is the worse than the one known by the United States during the Great Depression of 1929-1933. My reflection in thisarticle revolves around the following questions: Can we say that the crisis in Venezuela is the logical consequence of the crises in the global economic system? Can we conclude that this crisis is the “systemic crisis” which shows that the capitalist system is in its phase of the ‘old age’? Can we analyze as the result of the domination of a periphery by a center? Can we consider that this crisis is a permanent war of the North against the South? To give some answers, this article tries to analyze these questions by adopting the critical approach of Samir Amin as an anti-capitalist or antiimperialist theorist and philosopher.

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The Crisis of Capitalism and Unequal Development in the Doctrine of Samir Amin: The Case of Venezuela

Aicha El Alaoui
Aicha El Alaoui

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