SOCY2220 Lecture Notes - Wall Street Crash Of 1929, Gunnar Myrdal, John Maynard Keynes
Document Summary
Development is a highly contested concept, and is linked to concepts of modernity, economic process, human development, social inequalities and colonialism. It is important to acknowledge that the understanding of development changes over time, space, context, and interests of stakeholders. Development is a long term process of structural societal transformation, short term outcome of desirable targets, and a dominant discourse of western modernity. The concept of development began with the age of enlightenment, whereby the scientific revolution introduced ideas about progress and reason, scientific method and objectivity. The concept of development was further challenged during the industrial revolution, due to the intense migration to manufacturing areas, creating challenges in planning and poverty. After world war ii, there was a division of labour as the wealthier nations of united states, united kingdom and australasia became concerned to improve conditions of life in poorer parts of the world.
