A Disequilibrium Model of the Long-Run

February 16, 1985 nomic base typically continued to be agricultural activities. Under these circumstances, they may be inclined towards productive, accumulation even at the cost of gradual erosion of their forced commercial and moneylending activities. Under different historical circumstances, as in parts of the eastern zone, where a trading, moneylending class gradually develop rentiers' interest in land, their economic business largely continues to be 'forced commerce' " (p 138).