Underdevelopment and the Transition to Socialism

PrefaceAcknowledgmentsList of AbbreviationsA Note on CurrenciesOne Introduction 1 Key Conjunctures in the Transition to Socialism Focus of This Study Modes of Inquiry Underdevelopment and SocialismTwo The Capture of State Power in Mozambique 2 Imperialism and Revolution in Mozambique Surrogate Colonialism The Liberation Struggle 3 The Mechanisms of Imperialism The Structure of the Economy Foreign Investment and External Trade Balance of Payments The Southern African Nexus A Neocolonial Solution? 4 The Metropolitan Political Economy The Fascist State The Penetration of Foreign Capital Agricultural Production International Assistance A Resurgent Local Bourgeoisie 5 The Conquest of the State Prelude to the Negotiations The First Round of Peace Talks The Secret Meeting in Dar es Salaam The Lusaka Agreement and the Aftermath The Four Phases Appendix A: Socialism in Postcolonial Mozambique A Socialist Strategy of Development Achievements and Difficulties The Global Context Supplemental Reading Appendix B: The Lusaka AgreementThree The Nationalization of Banks in Tanzania 6 Banking and Underdevelopment The Pivotal Role of Banks Nationalizations in East Africa 7 Bank Policies in Colonial and Neocolonial Tanzania Production Relations The Monetary System Banking Operations 8 The Acquisition of the Banks Action by the State The Reaction of the Banks Compensation The Agreements 9 Commercial Banking Limited Autonomy of the Banking System The Immediate Challenges Toward Socialist Banking? 10 Rural Credit From Past to Present The Volume of Lending Crop Finance Distribution of Loans by Borrower Distribution of Loans by Region Ujamaa Villages 11 International Monetary Institutions and Self-Reliance The Credit Club Forum Balance of Payments Deficit The Influx of International Agencies The Expansion of World Bank Activities The Debt BurdenFour Conclusion 12 The Promise and Problems of Socialism The Capture of State Power Ownership and Control of Financial Institutions Transitional and Nontransitional Conjunctures Obstacles and ProspectsBibliography General Works Mozambique and Portugal TanzaniaSubject Index