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International Firms and Modern Imperialism, Harmondsworth, Penguin . , 1978 `Towards a Theory of Capitalist Crisis', New Left Review 111, September-October. , 1979 The Changing International Division of Labour in Manufactured Goods, Washington, World Bank Reprint Series : No. , Henderson, G and Ramsay, H . 1983 `Fighting multinatidnal power: Possibilities, limitations and contradictions' . Capital and Class No. 20, Spring. , 1982 `Industrialization, Development and Dependence' in H . Alavi and T .

Dublin CSE, 1979 `Review of F . Frobel, J. Heinrichs and O . Kreye, `Die Neue Internationale Arbeitsteilung', Capital and Class No. 7, Spring. , 1981 Do the Newly Industrialising Countries Represent a New International Division of Labour? University of East Anglia, School of Development Studies, RP 151 . , 1981 `Discussion: Economic Trends and Crisis' in D. Currie and R. ), Socialist Economic Review 1981, London, Merlin Press. ', Capital and Class, No . 16, Spring. Elson, D . , 1980 The Latest Phase of the Internationalization of Capital and its Implications for Women in the Third World.

In contrast `internal' factors particularly related to the role of the state in newly independent countries are given pride of place on the production oriented approach . 6 It is also `internal' factors which are identified as the major obstacles to capitalist development in the Third World . Although the implications of the international spread of capitalism for the first centres of capitalist development are not analysed by Warren or Schiffer, some tentative implications can be drawn from the previous discussion.

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