Global theories

  • Created by: emsis
  • Created on: 20-05-19 15:04
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  • Dependency theory
    • Andre Gunder Frank
      • modern capitalist system was based on the system of colonization established between the 17th and 20th century
      • Rich countries are the colonizers, such as the UK, while poor countries are the colonized
      • Frank noted that the colonized remained economically dependent on their colonizers after they gained independence
        • Dependency theory
          • Andre Gunder Frank
            • modern capitalist system was based on the system of colonization established between the 17th and 20th century
            • Rich countries are the colonizers, such as the UK, while poor countries are the colonized
            • Frank noted that the colonized remained economically dependent on their colonizers after they gained independence
            • Argue that the reason why poor countries stay poor are because they have been deliberately and systematically underdeveloped by the wealthy countries in the west to be in a state of dependency
            • Modernization theory
              • 5 stages of development
              • Stage 1: Traditional society             Stage 2: Pre conditions to take of       Stage 3: Take of            Stage 4: The drive to maturity         Stage 5: Age of mass consumption
              • Rostov points out that the Western nations can play a role in bringing about the pre-conditions to stage 1, which should be done through educational aid. This can provide both the economic investment to promote growth and the value shift needed through education
              • Post development theory
                • Sociologists such as Sachs and Esteva argue that development was always unjust
                • Black concludes that five decades of development and that the expenditure of billion son dollars have produced a form of socio-economic apartheid rather than a more equal world
                • Escobar argues that the discourse of development particularly associates with modernisationtheory is ethnocentric
              • Walter Rostow
            • World System Theory
              • Seen as the first theory of globalization with the key thinker being Immanual Wallerstein
              • Neoliberalism
                • A political and economic perspective that favors minimal government interference in the economy
                • Argue  that capitalism mis the only solution to gain development.
                • See the route to economic growth as free trade and free marked economies
                • Milton Friedman
                • Chile experiment:       A set of policies proposed of neoliberalism in Chile in 1970s, then in Britain in 1980s under Margaret Tatcher.
                  • - Regulation   - Fewer protection for workers nd the environment   - Privatization   -Cutting taxes
              • Developing countries are not exploited by individual countries, but by the whole capitalist, profit-seeking system i a modern world system
              • There zones of the Modern World System Theory: core, semi-periphery and periphery
              • Wallersteins model is dynamic, as countries are "socially mobile" and can move in form of periphery to semi-periphery or out from the core
              • Immanuel Wallerstein
      • Argue that the reason why poor countries stay poor are because they have been deliberately and systematically underdeveloped by the wealthy countries in the west to be in a state of dependency
      • Modernization theory
        • 5 stages of development
        • Stage 1: Traditional society             Stage 2: Pre conditions to take of       Stage 3: Take of            Stage 4: The drive to maturity         Stage 5: Age of mass consumption
        • Rostov points out that the Western nations can play a role in bringing about the pre-conditions to stage 1, which should be done through educational aid. This can provide both the economic investment to promote growth and the value shift needed through education
        • Post development theory
          • Sociologists such as Sachs and Esteva argue that development was always unjust
          • Black concludes that five decades of development and that the expenditure of billion son dollars have produced a form of socio-economic apartheid rather than a more equal world
          • Escobar argues that the discourse of development particularly associates with modernisationtheory is ethnocentric
        • Walter Rostow
      • World System Theory
        • Seen as the first theory of globalization with the key thinker being Immanual Wallerstein
        • Neoliberalism
          • A political and economic perspective that favors minimal government interference in the economy
          • Argue  that capitalism mis the only solution to gain development.
          • See the route to economic growth as free trade and free marked economies
          • Milton Friedman
          • Chile experiment:       A set of policies proposed of neoliberalism in Chile in 1970s, then in Britain in 1980s under Margaret Tatcher.
            • - Regulation   - Fewer protection for workers nd the environment   - Privatization   -Cutting taxes
        • Developing countries are not exploited by individual countries, but by the whole capitalist, profit-seeking system i a modern world system
        • There zones of the Modern World System Theory: core, semi-periphery and periphery
        • Wallersteins model is dynamic, as countries are "socially mobile" and can move in form of periphery to semi-periphery or out from the core
        • Immanuel Wallerstein

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