Spain and Imperialism
In: Monthly review: an independent socialist magazine, Band 29, Heft 6, S. 39-53
ISSN: 0027-0520
Social formations are determined both by internal & external factors, with external factors being especially important for nations subjected to or engaged in imperialism. Spain's position in the international economic order of imperialism is assessed. Under Franco, a fascistic regime engaged in intensive & extensive exploitation of workers was able to enter the imperialist chain only in 1951, & only as a subordinate of the United States, twenty years behind the entry of other countries. This led to a period of integration into the world economy. Spain has been transformed from an exporter of raw materials & agricultural products into an exporter of semimanufactured or manufactured products. Its unfavorable balance of trade has left it dependent on foreign investment, tourism, & funds sent home by migrant workers. Spain is now struggling for integration into the European Economic Community as an equal partner, as an escape from subordination to the United States. 1 Table. W. H. Stoddard.