of general poverty that afflicts the large majority of the peoples of the ‘third world’ and the ever increasing gap between them and the peoples of the developed countries. Statistics ranging from those on infant mortality to the number of doctors per person; from the number of schools available to the general rate of literacy; from the intake of calories per person/ per day to the per capita incomes,'etc., have been compiled and show the abysmal poverty of the peoples of the ‘third world’. They also bring out the contrasting high standards of living of the peoples of the developed countries. The following table drives the point home. TABLE 1: WORLD INCOME DISTRIBUTION IN 1969 Population Income Income in million % 8 million % percapta § Low-income countries 2,347 67.3 299,866 13.0 127 (8500) Medium-income countries 253 7.3 181,370 7.9 771 (8 500 — $1000) High-income countries 883 25.4 1,821,356 79.1 2,062 (% 1000) Total World 3,483 100.0 2,302,592 100.0 650 Source: World Bank Atlas, 1970 But the agreement ends here. There is significant and apparent disagreement as to how this phenomenon came about, its laws of motion; the direction in which it is developing and how to get out of it. It is here that the interests of the relevant parties reveal themselves behind the ideologies of development. Unfortunately, it is beyond the scope of this paper to go into this ideological debate. However, we must briefly make our assumptions clear on the question of economic development/underdevelopment. This is crucial because it is against this background that we avaluate the partnership relations between the public corporations and the multinational corporations. Assumption stated:? (1) The present state of underdevelopment in the ‘third world’ has a history which dates back to the first contacts made between the now developed capitalist countries (DCC) and 41