comprador capitalist

comprador capitalist

an entrepreneur in colonial or THIRD WORLD countries who accumulates capital through acting as intermediary between indigenous producers and foreign merchants. ‘Comprador’ is a Spanish word meaning ‘buyer’. In FRANK's analysis, such capitalists would only promote Third World dependency, since their economic interests were in the very economic transactions which he saw as existing at the heart of the dependency relationship. See also DEPENDENCY THEORY, UNDERDEVELOPMENT.
References in periodicals archive ?
Kurt Weyland is guilty of many omissions in this account of social policy formation in Latin America but none so striking as the failure to note, never mind analyze, the importance of the fact that the regime of Augusto Pinochet in Chile was an American-backed military dictatorship representing the foulest comprador capitalist elements in that country.
Nationalist and leftist historians stigmatize `Abbud as a comprador capitalist who allied with neocolonial interests.
Before the victory of the revolution in 1949 China was a semifeudal semicolonial comprador capitalist country.
THE presence of protesters on Wall Street - and the spread of protest across the world - is a welcome respite from years of passivity in America, in relation to the scandalous legal and illegal abuses of comprador capitalists, the prolongations of wars in Iraq and Afghanistan, a rising Islamophobic tide at home and a presidency that seems less willing to confront hedge fund managers than jobless masses.