DVM 1100 Lecture Notes - Lecture 6: Washington Consensus, Dependency Theory, Walt Whitman Rostow

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2nd part: answer one of 3 questions (essay question) Page 12- 2nd paragraph: distinction between development and international development . Answer: theoretical frame works- [gives the direction to development] paragraph #4: 1) modernization theory, 2) liberal theory [neo-liberal], 3) institutionalism [global thinkers associated with previous frameworks, improving institutions] 4) dependency theory [marxist perspective] andre g, sami . [3rd paragraph]: religious conformity, [4th paragraph] existence of hierarchy structures, Protestant movement created a new conception of life: life of. Page 25- 1st 2 sentences in the 2nd paragraph, 3rd paragraph last sentence production, family, work, and love. Page 27- 4th paragraph: adam smith is the father of capitalism. Page 28-paragraph #1: smith suggests that human beings are attempting to improve themselves, self-improving human beings 3rd paragraph: as long as individuals are free in the market, the invisible hand will direct the market. Page 31- (table) 19th century liberalism=> neoliberals/ liberals. Negative conception of freedom: freedom from things (rejecting external forces)

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