POLI 227 Lecture Notes - Lecture 5: Samir Amin, Colin Leys, Dependency Theory
20 Feb 2016
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Definition (dos santos: applied to other regions (eg: colin leys, samir amin, a situation in which the economy of certain countries is conditioned by the development and expansion of another economy to which the former is subjected. Development paths are externally defined: growth in dependent countries reflects expansion and needs of, ex: cardenas nationalizes oil in mexico in 1930"s core nations. Boycott means mexico cannot export oil for decades. Venezuela becomes a leading exporter of oil. Kong, beijing, shanghai: global north global south, developed and undeveloped (hong, between countries, within countries. Its really hard to change, it"s the way the system and institutions is constructed. Individual action wont be enough to change anything. Ex: mexico: domestic elites share common interests with international capital. Ex: canada, us, and western europe: people would invest resources domestically, economic growth for their own firms and as a by-product, it would help their nation. Personal gain for dominant classes is not conducive to national development.
