SOC 248 Lecture 2: SOC 248- Lecture 2- Inequality and Development
Document Summary
People: adam smith-neoliberism-free trade + laissez faire. Belief in unions to have solidarity of workers: countries affected by their position in global market. Theories used to explain poverty in global economics: modernization-countries are poor because they have not modernized with things like schools hospitals etc, dependency-poor made poor through capitalism. Exploitation between colonized and colonizers plays a role: world systems-wealthy countries are bettered from the relationship with poor countries. Core powerful wealthy countries and periphery poor countries. Us poverty levels: extreme poverty amount: