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SOCB47H3 (73)
Lecture

Week 10 Lecture Notes

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Department
Sociology
Course
SOCB47H3
Professor
Vanina Sztainbok
Semester
Winter

Description
SOCB47H3S LEC 10 Modernization Theory (Pro capitalist) Lack of technology causes poverty thus term underdeveloped Dependency Theorists (Marxist) Capitalism, colonialism and imperialism cause third world poverty. Wealth of first world based on exploitation of developing nations. Creates cycle of dependency through loans. This theory looks at the interconnections between nations, ie. part of globalization. Neo-liberalism: A political-economic philosophy Big business should have free reign Su
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