Figure 1: Global FDI flows to GDP


Figure 2: Transnational Corporations share of world GDP, 2010


Figure 3: Internationalization Statistics of the 100 largest non-financial TNCs worldwide & from Developing and Transition Economies, 2010


Figure 4: U.S. Parent Companies Account for Employment, Output, Capital, Investment, Exports and Research and Development, 2006


Figure 5: Rate of Profit in the US Productive Sectors, 1948-2010


Figure 6: Rate of Profit of US Corporations, 1947-2009


Figure 7: Average Rate of Profit and Organic Composition in the US Productive Sectors, 1948-2009


Figure 8: Manufacturing Capacity Utilization in USA


Figure 9: Financial Profits as a Percentage of Total Profits in USA


Figure 10: Share of Finance, Insurance, and Real Estate in USA


Figure 11: U.S. Balance Of Payments, 1946–2008


Figure 12: Developing Economies’ Share in World Manufacturing Value Added and GDP, 1990–2010


Figure 13: Developed and Developing Countries’ Share of World Manufactured Exports, 1992–2009


Figure 14: Manufactured Exports Markets by Region, 2005 and 2009


Figure 15: Distribution of the Global Labor Force by Regions, 1965–2025


Figure 16: Developing Countries’ Share in World Manufacturing Employment, 1980–2008


Figure 17: Global Industrial Labor Force in Developed and Developing Countries, 1950–2005


Figure 18: Share of Manufacturing Employment in Developing Countries, 1998–2008


Figure 19: Employment Status in Turkey, 1988-2006 in Total Employment, 1970-2007


Figure 21: Informal Employment and Economic Development


Figure 22: Labor Share in OECD Countries, 1960-2000


Figure 23: Labor Income Shares in OECD Countries, 1980-2007


Figure 24: Share of Compensation of Employees in National Income, Selected Country Groups, 1980-2008


Figure 25: Wage Share of Value Added in Manufacturing Industry in South Korea, Mexico and Turkey, 1970-2003


Figure 26: Wage Share in Manufacturing Industry in Turkey, 1970-2005


Figure 27: Chinese Manufacturing Labour’s Share, 2002-2008


Figure 28: Trends in Wage Shares in Regions, 1983-2009


Figure 29: Rates of Surplus Value in Developed, Developing and Transition Economies, 1994-2008


Figure 30: Latin America: Net Transfer of Resources, 1950-2002


Figure 31: Net Financial Transfer from Semi-Colonies to Metropolises, 1980-1990


Figure 32: Costs of the Global Market to Developing Countries, 1990


Figure 33: Net Transfers of Financial Resources to Developing Economies and Economies in Transition, 1999-2011


Figure 34: EU Agricultural Imports by Origin, 1999-2010


Figure 35: FDI Inflows, World and Group of Economies, 1980-2010


Figure 36: Greenfield Investments by the largest 100 TNCs, 2007–2010


Figure 37: Geographical Differences between Hourly Wages in Manufacturing, 2008


Figure 38: Hourly Compensation Costs of Manufacturing Employees, selected Countries and Regions, 2005


Figure 39: Operating Profits derived from Operations in Developing and Transition Economies, selected top 100 TNCs, 2010


Figure 40: Share of Imported Inputs in Manufacturing, 1970-2000


Figure 41: Production Costs of an Apple iPhone assembled in China


Figure 42: US and oversee Employees in 1955 and in 2012


Figure 43: External Debt Service-to-Export Ratio, 2005-2010


Figure 44: Illicit Financial Flows from India, 1948-2008


Figure 45: World Imports as Share of World GDP, 1965-2007


Figure 46: World Exports as Share of World GDP, 1965-2007


Figure 47: Regions Share in World Exports, 1948-2007


Figure 48: World Manufactured Exports, by Region, 1995–2009


Figure 49: Development of Terms of Trade 1880-2000


Figure 50: Development of Terms of Trade for Non-Oil Producing Developing Countries, 1957-2000


Figure 51: Migrants as a percentage of the Population, 1960-2005


Figure 52: The share of Migrants in the population, 1960 and 2005


Figure 53: Wages in Imperialist and Semi-Colonial Countries, 1988-92


Figure 54: Turkey’s Rising Dependence on Short-Term Foreign Debt


Figure 55: Real Annual Family Income Growth by Quintile, 1947-1979 and 1979-2010


Figure 56: Changes in US Male Full-Time Workers Wages according to their different Education Levels, 1963-2008


Figure 57: Increase of Wage Inequality in OECD countries, 1980-2005


Figure 58: US Male Wage Inequality, 1937-2005


Figure 59: Share of Global Economic Output, 1981-2011


Figure 60: China’s Economic Performance


Figure 61: Share of global Manufacturing Exports; USA and Britain 1906-29 and China 2000-09 (in %)


Figure 62: Gross Fixed Capital Formation, Imperialist Countries, Semi-Colonial Countries and China, 1960-2011


Figure 63: International Comparison of Ownership Structure of the Banking Sector (2005) and Financial System Structure (2009)


Figure 64: Rate of Profit in the Chinese Manufacturing, 1978-2004


Figure 65: Size of State-Owned Enterprises and Rate of Return in Private and State Enterprises in China, 1998-2010


Figure 66: Share of Informal Employment in Urban Labor Market amongst Migrant and Local Workers in China, 2001-2010


Figure 67: Government Expenditures for Education, Health, Environmental and Social Protection, 2007-2009


Figure 68: Inequality in Real Wages in Special Economic Zones and All Other Cities between top and bottom layer of Workers, 1988-2001


Figure 69: Inequality in Nominal Wages in Special Economic Zones and All Other Cities, 1988-2001


Figure 70: Workers Protests in State and Private Enterprises, 2000-2010


Figure 71: China’s Foreign Exchange Reserves and its US Securities Holdings, 2002-2011


Figure 72: China as the world second biggest Net Capital Exporter, 2011


Figure 73: China’s Outward Investment, 2005 – mid 2012


Figure 74: Composition of China’s Foreign Investments, 2009‐2011


Figure 75: Foreign Assets of China’s main non‐banking SOEs, 2010


Figure 76: China’s Trade with Africa, 1995-2010


Figure 77: China’s Trade with East Asia and Sub-Saharan Africa, 1990 and 2010


Figure 78: China’s First and Second Island Chains in the Pacific Sea


Figure 79: Sovereignty Claims in the South China Sea




In The Great Robbery of the South Michael Pröbsting analyses the super-exploitation and oppression of the semi-colonial world (often referred to as the “Third World”) by the imperialist powers and monopolies. He shows that the relationship between the small minority of rich capitalist countries and the huge majority of mankind living in the semi-colonial world forms one of the most important elements of the imperialist world system we are living in.


The Great Robbery of the South shows that the past decades have been a complete confirmation of the validity of Lenin’s theory of imperialism and its programmatic conclusions.


The Great Robbery of the South demonstrates the important changes in the relationship between the imperialist and the semi-colonial countries. Using comprehensive material (including 139 Tables and Figures), Michael Pröbsting elaborates that never before has such a big share of the world capitalist value been produced in the South. Never before haven the imperialist monopolies been so dependent on the super-exploitation of the semi-colonial world. Never before has migrant labor from the semi-colonial world played such a significant role for the capitalist value production in the imperialist countries. Never before has the huge majority of the world working class lived in the South – outside of the old imperialist metropolises.


In The Great Robbery of the South Michael Pröbsting argues that a correct understanding of the nature of imperialism as well as of the program of permanent revolution which includes the tactics of consistent anti-imperialism is essential for anyone who wants to change the world and bring about a socialist future.


Das Buch The Great Robbery of the South behandelt die Überausbeutung und Unterdrückung der halb-kolonialen Welt (der sogenannten III. Welt) durch die imperialistischen Monopole und Staaten.


Der Autor, Michael Pröbsting, analysiert diese imperialistische Überausbeutung auf der Grundlage der marxistischen Theorie sowie umfangreicher wirtschafts- und sozialwissenschaftlicher Daten.


Er zeigt auf, dass noch niemals zuvor ein solch hoher Anteil der weltweiten kapitalistischen Produktion im Süden stattfand. Er legt dar, dass noch nie zuvor die Konzerne und die westliche imperialistische Welt so abhängig von der Ausbeutung des Südens war. Pröbsting weist darüber hinaus nach, dass Migrantinnen und Migranten einen noch nie dagewesenen hohen Anteil an den Lohnabhängigen im Westen ausmachen.


Erstmals in der Geschichte der modernen Menschheit lebt die große Mehrheit der Arbeiterklasse im Süden.


Pröbsting, der Internationaler Sekretär der Revolutionary Communist International Tendency (RCIT) ist, tritt für einen konsequenten Antiimperialismus als Teil einer sozialistischen Perspektive ein.


Das Buch ist in englischer Sprache verfaßt und wurde von der RCIT veröffentlicht.




In Cuba‘s Revolution Sold Out? Michael Pröbsting analyses the character of the Cuban Revolution 1959-61, its bureaucratic degeneration, and the recent march of the Castro leadership towards capitalism.


The author demonstrates how the Cuban Revolution, despite the initial modest intentions of its leaders, was spurred forward to more radical policies by grass roots struggles of Cuban workers and peasants. In fact, the very abolishment of capitalism by the Cuban regime was no part of the original game plan of either Castro’s Movimiento 26 de Julio or of the official Cuban communist party (PSP), but rather was a product of precisely such pressures from below.


Cuba‘s Revolution Sold Out? describes in detail how a number of relatively recent political, economic, and social measures were purposely taken by the Cuban government to open the road back to capitalism. Pröbsting elaborates the key role of the world’s new great imperialist power, China, in Cuba’s state policy as exemplified in the June 2011 Sino-Cuban agreement for a first Five-Year Plan of cooperation between these two states.


Cuba‘s Revolution Sold Out? examines these developments from the viewpoint of Marxist theory, the nature of the ruling bureaucracy in Stalinist states, and the process of restoration of capitalism under such regimes.


In conclusion, the book proposes a socialist program for political and social revolution in Cuba to halt the advance of capitalism and to eradicate the country’s bureaucratic dictatorship.




Michael Pröbsting has been a revolutionary activist for the past 30 years. He has written many articles and pamphlets in both German and English, and has authored or contributed to books on Rosa Luxemburg (1999), the World Economy (2008), Migration (2010), and the Arab Revolution (2011). His latest book, The Great Robbery of the South (published in 2013), analyses the super-exploitation and oppression of the semi-colonial world (often referred to as the “Third World”) by the imperialist powers and monopolies. Pröbstingis the International Secretary of the Revolutionary Communist International Tendency.