POLS 2080 Lecture 3: pols 2080 lecture 3

• School: University of Guelph
• Department: Political Science
• Course: POLS 2080
• Professor: Steffi Hamann

Document Summary

Tophat questions: which theoretical approach was developed most recently = neoliberalism, which approach was predominantly influenced by economist john maynard keynes = Recap: modernization theory - see the world in one of two ways, they see the developed world with modern societies, and then they see the underdeveloped with traditional society with the problem of economic stagnation. This can be solved through western style development and modernization with help from developed countries: modernization theorists see a world where the poor can become the same as the rich. Corn that only works with certain pesticides from certain company: problem as big rich companies are overpowering people such as small farmers, introducing profit motives is a huge problem. Dependency theory: critique of modernization theory: modernization theory looks at the world composed of developed states and underdeveloped states. Separated through border: dependency theory postulates a global system with a wealthy core that exploits and impoverishes its periphery.