DEVS 100 Chapter Notes - Chapter week 4: Progressive Tax, Post-Structuralism, Class Conflict

• School: Queen's University
• Department: Global Development Studies
• Course: DEVS 100
• Professor: David A Mc Donald

Document Summary

Week 4 - anti-market and post-colonial theories of development. Marxism a form of socio-economic analysis based on the works of karl marx which sees class formation and class conflict as a foundational feature of society. Marxism argues that capitalism is a dynamic system, freeing people from the yoke of feudalism and resulting in massive social and economic change, but inherently unstable, unequal, exploitative and self-destructive. World systems theory classifications of nations as being part of the periphery, semi-periphery or core. This theory recognizes that nations can be mobile and move between classifications depending upon their economic positioning. The periphery experiences exploitation of its resources from both the semi-periphery and the core. The semi-periphery is exploited by the core, and the core sells value-added goods to both the periphery and semi-periphery. Underdevelopment theory due to continuous exploitation and uneven power relations, the periphery is trapped in a state of underdevelopment.