POLC90H3 : POLC90 REVIEW SHEET.doc
Document Summary
Glocal riots": 2000s: post-development, post-washington consensus, post-modernism. The rise and fall of development studies (week ii) Modernization (week iii: what are the stages of rostow"s linear stage theory and how do countries move from one stage to the next. Traditional society: characterized as a poor subsistence life without hope of accumulation, wealth, or income and no attempt to better one"s lot. Modern society: characterized as forward-looking, committed to growth and improvement. It is based on competition and the laws of the market place that rewards success. He suggests that institutions should be strengthened first before a nation modernizes. Although according to frank, under capitalism, development in the south is impossible since its underdevelopment is a necessary companion/product of development in the north. The only way for the south to develop is to sever its ties from the core. Cardoso, however, argues that dependent development is possible under a capitalist system, albeit in a limited form.
