POL 208 Lecture Notes - Neocolonialism, World Economy, Dependency Theory

• School: Ryerson University
• Department: Politics and Public Administration
• Course: POL 208
• Professor: Abbas Gnamo

Document Summary

Marxist theories of international relations: retains relevance despite collapse of communist rule in former soviet union, focuses on global capitalism, not an explicit theory of ir, varying interpretation of his writings competing schools of marxism. World system theory: antecedents, lenin"s work on imperialism, latin american dependency school, contemporary mainstay: immanuel wallerstein. V. i lenin imperialism: the highest stage of capitalism, 1917. Imperialism= the highest stage of capitalism= monopoly capitalism war, conflicts between imperialists nations = revolution. Dependency theory in latin america, explaining why latin america was under developed. Exploitation imposed by the north over 400 years. Andre gunder frank he says underdevelopment was caused by europeans. Neo-colonialism- a new form of colonialism, exercised by people in northern nation, done by trade by government, multinational corporations. Rich nations take more and give back less. Historical tendency- commodity prices are down, finished goods are up. Semi- periphery: authoritarian government, export, mature manufacturers raw materials. Import: raw materials: export: manufactures, high investment, welfare services.