SOCI 210 Lecture Notes - Lecture 24: Structural Adjustment, Neoliberalism, Modernization Theory
Document Summary
Sees development largely as the expansion of the market mechanism domestically and internationally. When people talk about globalization, they are often talking about neo-liberal expansion. Globalization is here to empower all of us individually, and countries on a group-level. Many suggest that neoliberalism impedes development more than it helps. World-systems theory: claim it simply allows to core to exploit the periphery more fully. Post-development view: sees globalization as cultural, political, and economic domination. Suggests that the structural adjustment programs of the imf and world bank make things worse. Gives you an approach to how major financial institutions destroy and create damage in different kinds of countries. This book is full of empirical facts and stories and observations of how those powerful organizations are actually quite problematic. It takes the world systems approach and gives an explanation of how the world functions today. The sociology of development is interested in global inequalities. Development at mcgill: a strength of the department.
