POLB90H3 Lecture Notes - Lecture 4: Economic Surplus, Social Inequality, Andre Gunder Frank
Document Summary
Perspective on underdevelopment: dependency, marxism and imperialism. The dependency perspective: key assumptions took the world system, not the nation state as the unit of analysis must examine history. The reformist strain of dependency: economic commission for lain america - Ecla"s solutions: bargaining power of developing countries in international trade be strengthened stimulate industrialization through protection, foreign investment and national planning create a latin american common market. Global capitalism and underdevelopment: andre gunder frank (radical dependency) (marxist inspired) (was very known because he published his work in. English) marxist theory of imperialism (lenin"s theory of imperialism) (he was a philosopher and a leader in the russian revolution) (monopoly capitalist) (p. baran and p. sweezy, 1968, monopoly capitalist) Case studies of brazil and chile (during the great depression the latin american countries was still growing) . Franks view of rulers and business in the global south: as allied with foreign capital domestic business will disappear armed revolution > socialism.