DVM 1100 Lecture Notes - Lecture 3: Core Countries, Neoliberalism, Orthodox Marxism

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Traditional society: no trade, very na ve, intensive agriculture. Pre-conditions of growth: foreign assistance is being used to prepare for economic growth, natural resources are being explored. Take off: beginning of economic growth. Drive to maturity: more constant in economic growth. High mass consumption: people can have the good opportunity to consume. Strengths: there is a need for science and technology, accumulation of capital. There are five basic needs that need to be met: sufficient nutrition food, adequate shelter, decent clothing, protection against diseases, elementary education. New in the theory of basic needs: beyond the economic growth, stressing importance of social factors, emphasizes significance of justice and eradication of poverty. These theories are often: capitalist based. Created in the west with western views: development is based on economic circumstances, (cid:862)states(cid:863) are see(cid:374) as (cid:449)hat (cid:374)eeds to upstart de(cid:448)elop(cid:373)e(cid:374)t, development is understood in terms of foreign aid programs international system is ignored.

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