GEOG 2LE3 Lecture Notes - Lecture 6: Labour Power, World-Systems Theory, Capitalism

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De (cid:374)i(cid:374)g de(cid:448)elop(cid:373)e(cid:374)t: development is a process for change. Socio-economic transformation: a country that is developing is making progress or advancement in technology, production and socio- economic well-being. Infrastructure: global connectivity (trade , technology ,communication) How can we explain this pattern of inequality: the environment (environmental determinism, just a point in time (modernization theory, societal structures, like government, trade regulations, and economic decision making (political economy) Explanation through: environmental determinism: a stream of thought that sees physical surroundings as major (or maybe the main) determinant of how a society functions. Explanation through: modernization theory: a stream of thought that says impoverished countries will evolve towards a western industrial model, and given enough time, will achieve similar development standards. Economies can develop if they adopt the appropriate policies and strategies. Suggests that uneven development is a temporary condition that will naturally be overcome. Rosto(cid:449)"s (cid:373)odel the stages of economic development: assumes all countries develop following the same stages.

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