INTD 200 Lecture Notes - Lecture 7: Fernando Henrique Cardoso, Neoliberalism, Surplus Labour
Document Summary
Central concern in the post war period was whether developing countries would be able to develop in a similar manner as the west. This concept modernization theorists in the 50s key elements for understanding development theories: different emphasis in different fields (economists, political scientists, and sociologists) Economists: focus on economic growth - political scientists: focus on political behavior namely democracy - sociologists: focus on social transition (structural change, social patterns and behavior) 2 - - keynesian economic development (1930"s depression = demand for public welfare) 3 - - modernization theory (early 1950"s: decolonization process, cold war political division, demand for economic growth with democracy) 4 - - dependency theory (1950"s: strong objection to western economic model, demand for non-western way of industrialization) 5 - - neoliberalism (1980"s: failure of state-led industrialization in. 6 - -; developmental state (1980"s: the emergence of asian nics in newly industrializing countries, challenging neoliberalism; emphasis on economic growth with a strong state)