Samir Amin has written more than 30 books including Imperialism & Unequal Development, Specters of Capitalism: A Critique of Current Intellectual Fashions, Obsolescent Capitalism: Contemporary Politics and Global Disorder and The Liberal Virus. His memoirs were published in October 2006.
For Samir Amin (1997), the ascent and decline is largely determined in our age by the following 'five monopolies':
The economic performance over the last few years teaches us an important lesson about the evolving mechanisms of the future Kondratieff cycle, that began in the mid-1980s. Let us recall, that for Dependency and World Systems theory in the tradition of Samir Amin (1975), there are four main characteristics of the peripheral societal formation:
In partial accordance with liberal thought, (i) and (iii) explain the tendency towards low savings; thus there will be
In the peripheral countries. High imports of the periphery, and hence, in the long run, capital imports, are the consequence of the already existing structural deformations of the role of peripheries in the world system, namely by
The history of periphery capitalism, Amin argues, is full of short-term 'miracles' and long-term blocks, stagnation and even regression.