It's fashionable to be institutional. In a functionalist sense this "liberal" 
institutionalism" is all about how markets emerged or engineered. Hence, there 
is a functionalist element of colonialism in that markets were stymied but 
these accounts lack the "political" power dimension (asymmetric power) of 
economic development process. 

Anthony D'Costa
Professor of Indian Studies
Asia Research Centre
Copenhagen Business School
Sent from my iPad

On Jul 23, 2012, at 6:17 PM, Louis Proyect <[email protected]> wrote:

> On 7/23/12 7:52 PM, Lakshmi Rhone wrote:
>> No in the first paragaph you mention Why Nations Fail and declaim that
>> it ignores colonialism. False. Why would you not even open the book?
> 
> Mainly because I didn't want to spend money on a book just to attack. I 
> only do that when the target is particularly juicy (or slimy) like Jared 
> Diamond, the reviewer.
> 
> I searched for an online book that I did read rather carefully. If these 
> guys are so good on colonialism, why could they write such crap about 
> Argentina? I honestly would say that I know much more about Argentina's 
> underdevelopment than they do.
> 
>> It includes this "In 1976 the Peronist government, led by Perón’s third
>> wife Isabel after his death in 1974, fell to a coup under the leadership
>> of General Jorge Videla. “Once in power, the Army embarked on the
>> conquest of any lingering resistance to a revolution in government whose
>> aim was the total dismantlement of the Peronist state” (Rock, 1987, p.
>> 366). The regime which lasted until the Falklands (Malvinas) War of
>> 1982-1983 was the most repressive in Argentine history. Some 10,000
>> people ‘disappeared’ and many thousands more were imprisoned without
>> trial, tortured and forced into exile. General Roberto Viola succeeded
>> Videla in 1981, but was forced from office the same year by General
>> Leopoldo Galtieri."
> 
> Their focus is on Argentina's lack of democracy. But they really don't 
> explore the material causes of such weak institutions. I suppose that 
> this is par for the course for non-Marxist social scientists.
> 
>> Perhaps not tough enough on the British for your liking but they allow
>> more reality into the room than your traditional mega best seller in
>> social sciences, found in airport bookstores.
> 
> Damned with faint praise...
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