Celso Furtado y la economia de Venezuela: subdesarrollo con abundancia de divisas

The two essays of Celso Furtado on the Venezuelan economy represent a deep analysis of the economic reality of the Caribbean country; of the nature of its underdevelopment, dependent above all from the oil exploitation by the multinational societies; of the contradiction among underdevelopment and abundance of currencies, that favours the growth of the parasitical income; of the public spending and the difference between salaries and labour productivity; of the tools that he proposes to allow the development of the country.