1. The world division of labour and economic theories -- 2. The free-marketeers and the rise and fall of the Heckscher-Ohlin theory -- 3. The rise of cost-of-production theory -- 4. Neo-Ricardianism and unequal exchange -- 5. Marxist theories : underdevelopment or uneven development -- 6. Trade, money and crisis -- 7. Capitalism, international money and transnational corporations -- 8. The Third World, nationalism and a NIEO -- 9. The sate, imperialism and socialism -- 10. Summary and conclusions.