HIS282H5 Lecture Notes - Lecture 5: Capital Formation, Modernization Theory, Wonderwall Music
Document Summary
Says its important to revolutionize india by britian even though is through horrible measures. Financial mechanisms of british rule transferred unrequited( not getting back) wealth and income from india. But we exercised good goverence, peace and order and efficient administrations. Created conditions for economic growth and development. Depends on having the correct scientific outlook and technological knowhow. Colonialism can provide an important shock and exposure to otherwise traditional and overall static socieites. Dependency: nations exist in a world systems defined by capatialism. You are ri(cid:272)h (cid:271)e(cid:272)ause we are poor key to (cid:272)apitalis(cid:373) a(cid:374)d i(cid:373)perialis(cid:373) industrial rev. Or also dependent on captal accumulation through colonial and imperial persuit. Mode of production system of organizing production and distribution. Different modes of production change the way you think. A class is a group of people eho share a common relationship to the mean of the mode of production.
