POL201Y1 Lecture Notes - Lecture 5: World-Systems Theory, Hitech, Dependency Theory

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A counter modernization theory developed in latin america by. Unlike modernization, dependency takes into consideration the historical and global context particularly colonialism in explaining the problems of development. Dependency theorist argued that the lack of economic development and widespread poverty in the south, and in latin america in particular, was caused by the exploitative influence of the western, advanced nations. They argued that the growth of the advanced countries was only possible because of the active exploitation and underdevelopment of the developing world (cid:1) Dependency theory claims that the lack of development is due to neo-colonialism (informal imperialism) Criticizes modernization theories" assumptions and focuses on the. Capitalist world system" rather than on single countries. Argues that, rather than focusing on underdevelopment as an. Original stage", attention must be paid to a single and integrated historical process which produced different outcomes for different parts of the world system. Frank argued that this theft is continuing through the policies of.

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