DVM 2106 Lecture Notes - Lecture 1: Economic Surplus
LECTURE 1: Introduction to the Course
Development as freedom: Development is the removal of various types of
unfreedom that leave people with little choices and little opportunities of
exercising their reasoned agency
Underdevelopment: Not lack of development but lack of capabilities;
consequences of colonization: power division among developed and
underdeveloped world… e.g utilization of economic surplus (extraction of
resources from Latin America to metropolis of New York
Unfreedom: Consists of poverty as well as tranny, poor economic opportunities as
well as systematic social deprivation, neglect of public facilities as well as
intolerance or over activity of repressive states
Poverty
-Poverty is not a natural state of affairs but a function of deep inequities in
the national and global systems
-Poverty is not a certain amount of goods nor is it just a relation between
means and ends. Poverty is a social status. It is the invention of civilization
and has grown up with civilization
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Document Summary
Development as freedom: development is the removal of various types of unfreedom that leave people with little choices and little opportunities of exercising their reasoned agency. Underdevelopment: not lack of development but lack of capabilities; consequences of colonization: power division among developed and underdeveloped world e. g utilization of economic surplus (extraction of resources from latin america to metropolis of new york. Unfreedom: consists of poverty as well as tranny, poor economic opportunities as well as systematic social deprivation, neglect of public facilities as well as intolerance or over activity of repressive states. Poverty is not a natural state of affairs but a function of deep inequities in the national and global systems. Poverty is not a certain amount of goods nor is it just a relation between means and ends. It is the invention of civilization and has grown up with civilization. Capabilities: ability to function for own and other"s well-being. Two elements of capabilities (sen: resources opportunities, functioning process/agency.