FOUR THEORIES OF GLOBAL INEQUALITY

FOUR THEORIES OF GLOBAL INEQUALITY - GLOBAL...

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GLOBAL STRATIFICATION FOUR THEORIES OF GLOBAL INEQUALITY Development and modernization —industrialization brings poverty or does it bring generally higher standards of living?-- Walt W. Rostow believed that eliminating psychological barriers to development and social inequality were crucial—people are resigned to poverty, accepting extreme hardship as inevitable— Stages of Economic Growth (1971): 1. traditional stage—very little social change 2. take-off stage—growth and competition, individual achievement 3. technological maturity 4. high mass consumption Is development just imperialism? Hegemony and domination, as we see in Iraq? Dependency theory —underdevelopment, in itself, does not cause global inequality— rather it is the exploitation of one country by another or by a global corporation—retards both economic and human development World systems theory— global capitalism is a series of interdependencies so that industrialized nations benefits from other countries
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This note was uploaded on 02/10/2012 for the course SCIE SYG2000 taught by Professor Bernhardt during the Fall '10 term at Broward College.

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