POLS 200 Lecture Notes - Lecture 12: Dependency Theory, Institute For Operations Research And The Management Sciences, Neocolonialism
3 Jan 2018
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Document Summary
Influenced by large differences between economic output and standards of living, global north and south. Capitalism exploitative, reduce east/south to slave labour while west profit. Realists governments concerned with economic health as strong economy promoted security and power. Liberals economic cooperation beneficial role in shaping peaceful and prosperous world order. Marxist economics not concern, dominate politics, determine all decisions, economics not under umbrella but at foundation of politics, is its guiding motivation. Dependency theory (marxist) wealthy (core) states manipulate economic system, peripheral (developing) states exploited for resources and used as markets. Wealthy buy resources, make more expensive products, Hegemony way ideas about capitalist economies and benefits of free market legitimized by financial and political elites, shape way we think about and speak about political and economic issues. Global capitalism naturalized in society through education, branding, media, challengers marginalized, labelled na ve idealist or dangerous radical, not taken seriously by elites.
