POLS 2080 Lecture Notes - Lecture 3: Economic Surplus, Dependency Theory, Andre Gunder Frank
Document Summary
Which of these theories supports free market (laissez-faire) policies - neoliberalism. The problem: poverty: lack of income/health/education, president of tanzania. Absolute poverty : less that us . 25 per day: huge problem: inequality, development: process of change. In this view, traditional societies perpetuate economic stagnation and deprive people of their capacity to accumulate wealth: early modernization theory epitomizes the concepts of the west and the. Rest : modernization, is this understanding, essentially refers to the process of. Western-style development: westernization was considered a desirable and inevitable process for the rest of the world, essential for modernization theory, the imagined moral imperative to promote development echoes sentiments of the white man"s burden . The us development plan for europe (the european recovery program) was better known as the marshall plan. What is the starting point in rostow"s stages of economic growth traditional societies.