world technological rent

 " and thus,while colonial profits continued to be
made in the resources sector, a new form of surplus
extraction entered in the neo-colonial period and
eventually became the dominant form, namely
technological rents ( last two words with
italics-AC).(3)
(3): Ernest Mandel first coined this term. He defined
'technological' rents as ' surplus profits derived
from the monopolization of technical progress, from
discoveries and inventions which lower the cost price
of commodities but cannot ( at least in the medium run
) become generalized throughout a given branch of
production and applied by all competitors , becouse of
the structure of monopoly capital itself: difficulties
of entry, size of minimum investment, control of
patents, cartel arrangements and so on '. cf E.
Mandel, Late Capitalism,London, New Left Books,
1978,p.192
This qutation from Ankie Hoogvelt, Globalization and
The Post Colonial World,1978,p. 31
This is exactly the same what I mean with world
technological rent at the definition level. What is
the implications of this for Ernest Mandel , I don!t
know. As you remember, I offer this concept instead of
unequal exchange. For now, I just inform you about
this ( maybe, many wsn members familiar with this,
becoues Late Capitalism is a famous book, but nobody
warn me till now, I don't understand why.
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