POL208Y1 Lecture 3: Salvaging-the-Modernization-Theory
Document Summary
The south is playing on an unleveled playing field: colonial legacy, imperialism, late industrialization, dependency on a few commodities, volatile price. 1955: bandung conference: 29 participants the emergence of the third world. The non aligned movement; organization of african unity (63); the un. Unctad- united nations conference on trade and development. We need to understand the world economy as one system and uncover the power relations within it: core/periphery (wallstein) The system is bult in a way that will always prevent the south from developing; the rules of the game is actively perpetuates a state of dependency. The south provides the raw materials the north needs; the north sell goods to southern markets. Any attempt to break free will lead to sanctions, military intervention coup. The north colludes with capitalist elites in the south and thus dependency becomes institutionalized in the domestic political and social systems of the southern countries. Solution: stop playing the game; break the rules.