Dependency THEORY Flashcards
BURGERNOMICS
Who introduced burgernomics?
Pakko and Pollard (2003)
BURGERNOMICS
How long would it take McDonald’s workers in the UK and USA to buy a Big Mac?
UK - 11 minutes
US - 15 minutes
BURGERNOMICS
How long would it take McDonald’s workers in Mexico and the Philippines to buy a Big Mac?
Mexico - 65 minutes
Philippines - 112 minutes
BURGERNOMICS
What is the aim behind burgernomics Pakko and Pollard (2003)?
To show a difference between development in economy & society.
What is dependency theory a response to?
Modernisation theory
When did dependency theory emerge?
1970s
What is dependency theory influenced by?
4
Socialist ideology, protest movements, Marxist ideology and radical theories.
From what perspective does dependency theory take?
Developing countries, where modernisation is about capitalist interests.
What term did Frank (1969) introduce to this theory?
Underdevelopment
Frank’s Underdevelopment (1969)
What does Frank say modernisation encourages?
Exploitation
Frank’s Underdevelopment (1969)
What is in the interest of capitalism?
Keeping countries poor - underdevelopment is intentional.
Frank’s Underdevelopment (1969)
What does Frank say has happened to the problems outlined by Marxism?
2
It’s now happening on a global scale.
Instead of rich people, rich northern countries are leaving others to suffer, exploiting the poor.
Frank’s Underdevelopment (1969)
How did Frank say underdevelopment happened?
Capitalist countries build facilities in poor countries, paying people very little and profitting.
What is outsource?
Sending your labour abroad to make it cheaper.
How do the workers being exploited pay for food/clothes etc?
By buying them off of the companies that exploit them.
What is the traditional explanation as to why countries aren’t developing?
What is the dependency explanation as to why countries aren’t developing?
Corrupt government and bad economic policies.
Capitalist countries have adopted an exploitative way of making money.
What are the different states that each form a function in the world economy?
(4)
Centre centre CC = the richest countries
Periphery centre PC = industrialised, rich countries with less global power
Centre of periphery CP = still developing but with some wealth
Periphery periphery PP = the poorest countries
Give examples of countries from each of the different world economy states.
CC = USA
PC = Canada
CP = Brazil
PP = Bangladesh
International Division of Labour
What countries dominate tech and industry?
CC countries
International Division of Labour
What are countries in the periphery characterised by?
Agriculture & cheap labour