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The Global Development Crisis

By: Material type: TextPublication details: Cambridge Polity Press 2014Description: vii,233p.:illISBN:
  • 9780745660158
Subject(s): DDC classification:
  • 338.9SEL
Summary: The central paradox of the contemporary world is the simultaneous presence of wealth on an unprecedented scale, and mass poverty. Liberal theory explains the relationship between capitalism and poverty as one based around the dichotomy of inclusion (into capitalism) vs exclusion (from capitalism). 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. Development policy should, therefore, seek to integrate the poor into the global capitalist system.
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Item type Current library Call number Status Barcode
Book UONGOZI Institute Resources Centre - Dodoma Sustainable Development 338.9SEL (Browse shelf(Opens below)) Available URD000094

Includes bibliographical references and index.

The central paradox of the contemporary world is the simultaneous presence of wealth on an unprecedented scale, and mass poverty. Liberal theory explains the relationship between capitalism and poverty as one based around the dichotomy of inclusion (into capitalism) vs exclusion (from capitalism). 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. Development policy should, therefore, seek to integrate the poor into the global capitalist system.

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