Unequal development and the absorption of labour. Latin America 1950-1980

Various studies carried outatCEPAL between 1950 and 1980, especially by Raúl Prebisch, have attempted to probe into the principal laetors influencing the absorption of labour in Latin America, with special emphasis on the rate of capital accumulation and economic growth, the type of technology used, the proportion of the labour force employed at low levels of productivity and, more recently, the consequences of the mechanisms of appropriation and utilization of the surplus which are an integral part of peripheral capitalism.