Dependency theories have provided an alternative approach to looking at unilinear growth models. They have critically evaluated the continued unequal relationships between countries, which have their history partly in colonialism and imperialism.
Category: Capitalism
Dependency Theory: Role of Imperialism or Capitalism on the Basis of Dependency Theorist
This article provides information about the role of imperialism or capitalism on the basis of dependency theorist: The Marxist theory of imperialism is self- liquidating, while the dependent relationship is self-perpetuating. The end of imperialism in the Leninist framework comes about as the dominant powers go to war over a rapidly shrinking number of exploitable… Continue reading Dependency Theory: Role of Imperialism or Capitalism on the Basis of Dependency Theorist
Commodity Exchange as the Key Feature of Capitalist Society | Capitalism
This article provides information about the commodity exchange as the key feature of capitalist society: Beginning with commodity and commodity production as the key feature of capitalist society, they argued that capitalist market relations and values were penetrating ever more areas of life. Exchange was becoming the primary way in which people related to and… Continue reading Commodity Exchange as the Key Feature of Capitalist Society | Capitalism