The Causes of Poverty and Underdevelopment

1
Lecture 2 The Causes of Poverty and
Underdevelopment
2
(No Transcript)
3
(No Transcript)
4
(No Transcript)
5
(No Transcript)
6
(No Transcript)
7
(No Transcript)
8
(No Transcript)
9
Disparities of wealth in 2000   Total wealth of
200 richest people in the world 1,135
billion   Annual income of 582,000,000 people of
underdeveloped nations 146 billion       Gap
in average incomes between developed and
underdeveloped countries   1820 3 to 1 1950 35
to 1 1973 44 to 1 1992 72 to 1
10
Theories of Poverty   1. Climatic theory Baron
de Montesquieu (1689-1755), L'esprit des Lois
(1748)   2. Classical economics Adam Smith
(1723-90). The Wealth of Nations   3. Population
theory Thomas Malthus (1766-1834). The
Principles of Political Economy (1820).   4. The
division between labour and capital Karl Marx
(1818-1883). Capital (1867).   5. Imperialism and
the Drain of Wealth. Dadabhai Naoroji
(1825-1917). Poverty and Un-British Rule in India
(1901)   5. The Capitalist Ethos Max Weber
(1864-1920). The Protestant Ethic and the Spirit
of Capitalism (1905)   6. Dependency theory
André Gunder Frank (1929-2005). Capitalism and
Underdevelopment in Latin America (1967).   7.
Globalisation and Cultural imperialism Ivan
Illich (1926-2002). Celebration of Awareness A
Call for Institutional Revolution (1971).  
11
1. Climatic theory Baron de Montesquieu
(1689-1755), L'esprit des Lois (1748)
12
2. Classical economics Adam Smith (1723-90). The
Wealth of Nations
13
3. Population theory Thomas Malthus (1766-1834).
The Principles of Political Economy (1820)
14
4. The division between labour and capital Karl
Marx (1818-1883). Capital (1867)    
15
5. Imperialism and the Drain of
Wealth. Dadabhai Naoroji (1825-1917) Poverty and
Un-British Rule in India (1901)  
16
5. The Capitalist Ethos Max Weber (1864-1920).
The Protestant Ethic and the Spirit of Capitalism
(1905)  
17
6. Dependency theory
André Gunder Frank (1929-2005). Capitalism and
Underdevelopment in Latin America (1967)  
18
7. Globalisation and Cultural imperialism Ivan
Illich (1926-2002) Celebration of Awareness A
Call for Institutional Revolution (1971)
19
(No Transcript)
20



21
Anti-globalisation protest Seattle 1999
22
(No Transcript)
23
(No Transcript)
24
(No Transcript)