POL101Y1 Lecture Notes - Brandt Report, Meritocracy, Industrial Technology Research Institute
Document Summary
What is development: human development health; literacy, equitable development distributive consequences of development. Gender equality: capacity, sustainable development, political development democracy; human rights; rule of law, focus on aggregate economic growth today. Theory used to explain, prescribe and predict. A theoretical conversation: (i) the cosmopolitical view. Guiding of the invisible hand will ensure the universal good of the whole . Theory of individualism: (ii) the mercantilist view. Free trade desired by hegemons; they benefit most from it. Nations matter: not a theory about individuals. Governments need to create, or help, create comparative advantage. Develop industry: (iii) the leninist view. Imperialism substitution of capitalist monopolies for capitalist free competition. Monopoly is the opposite of free competition. Monopoly grows out of free competition but exists alongside it. Gives rise to a number of antagonisms, frictions, conflict. Capital needs to keep growing gives rise to imperialism. State of global capitalist system is one that creates structural dependencies.
