SOC101Y1 Lecture Notes - Lecture 15: Outsourcing, Al Jazeera, Nationstates
Document Summary
Globalization, in commit sociology, vol 2 p4-32 development and underdevelopment, in. Argued that societal development follows several necessary stages of development, Rostow believed that modern american capitalism represents a final development stage characterized by sustained economic growth. Modernization theory: emphasizes the importance of values and norms as drivers of development. Global inequality results from inadequacies in poor societies themselves, including lack of: capital, western business techniques, stable governments, a western mentality emphasizing savings, investment, innovation, education, high achievement, and self control in having children. Dependency theory: sharply challenges the notion that the lack of development is due to the deficiencies of less developed nations. Established that it was precisely the nature of the relationship between metropolitan powers and satellite regions that blocked economic progress in the global south. For 250 years, the most powerful countries in the world have impoverished the least powerful countries as a matter of state policy.
