POL201Y1 Lecture Notes - Lecture 5: Periphery Countries, Modernization Theory, Profit Motive
Document Summary
The aim of colonialism is not only to extract resources but to also control those resources and avoid completion. Extending markets depends on selling cheap products and to have cheap products need cheap resources. Resources extraction is the driving force behind colonialism. Initial relationship, extraction of resources sets up a lasting system of exploitation. Build on the division of the world into traditional and modern societies. Modern society: social mobility, urban, rational people. Irrational people (basis of spiritual and cultural beliefs) Modernization theory uses tradition as both an expression and a cause of underdevelopment. Categories like modern and traditional don"t have much predictable value. The modern is not only modern but also a model. The unseen hand of the market (people who were driven by the profit motive) Focus on the channels of diffusion for modernity: policy implication what we need is more contact more foreign education, foreign aid, media saturation in the developing part of the world.