Notes On Feudalism and Capitalism in Chile and Latin America

Our review of Chilean history has shown that it was capitalism, with its internal contradictions itself which generated the underdevelopment of Chile and deter mined its forms; that this remains as true today as it was in the past; that Chile's underdevelopment cannot be attributed to the supposed partial survival of a feu dal structure, which never existed there in whole or in part (Frank, 1967:115).