Global Development Crisis
Global Development Crisis The central paradox of the contemporary world is the simultaneous presence of wealth on an unprecedented scale, and mass poverty. Within this discourse, the global…
Specifikacia Global Development Crisis
Global Development Crisis
The central paradox of the contemporary world is the simultaneous presence of wealth on an unprecedented scale, and mass poverty. Within this discourse, the global capitalist system is portrayed as a sphere of economic dynamism and as a source of developmental opportunities for less developed countries and their populations. Liberal theory explains the relationship between capitalism and poverty as one based around the dichotomy of inclusion (into capitalism) vs exclusion (from capitalism).
Through an interrogation of some of the most important political economists of the last two centuries Friedrich List, Karl Marx, Leon Trotsky, Joseph Schumpeter, Alexander Gerschenkron, Karl Polanyi and Amarta Sen, Development policy should, therefore, seek to integrate the poor into the global capitalist system.The Global Development Crisis challenges this way of thinking.
Global Development Crisis
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