Developmental Aspiration at the End of Accumulation: The New International Economic Order and the Antinomies of the Bandung Era

Mediations 32 (1) (2018)
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Abstract

Bret Benjamin takes up the 1974 UN Declaration for a New International Economic Order in an effort to reconsider “the 1970s as a decade of transition in which the sharpening developmental aspirations of G77 nations in the global south come into conflict with structural transformations in the accumulation of capital.” Reading the NIEO as the “last gasp” of the Bandung era, Benjamin argues that the “developmentalist demands of the Bandung era run aground on the contemporaneous systemic crisis of capital.”

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