PSCI 2602 Lecture Notes - Lecture 3: Antonio Gramsci, Dependency Theory, North South Mrt Line
22 Apr 2016
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Document Summary
Things like corporate taxes or minimum wages are examples of government policies that go against capitalism. Problem solving theories help maintain the status quo. Critical theories seek to challenge and change it. Created by karl marx (1818 - 1883) Logic of capitalism is to make profits. Contradictory nature of capitalism: overproduction, under consumption, concentration of wealth, and falling profits, will lead to collapse of capitalism. Conflictual and hierarchical relationship among the actors involved. The need to find more markets leads to capitalist expansion abroad (colonialism) Lenin transformed marxist theory into a theory of international relations. This is the highest stage of capitalism: driven by the need to increase profits o. Key features are monopolies, export of capital, and colonialism. Focuses on north -south relations and 3rd world development: questions idea that capitalism brings development to developing nations. Capitalist system does not always lead to economic development. Focuses on economies of latin american nations.
