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13 cards from this deck
German left-wing economist (1929-2005), developed dependency theory
Dependency theory
The development of underdevelopment
Elite metropolis (e.g., USA, UK) that exploit others
Exploited satellites kept in underdevelopment
Use them for cheap raw materials and labour
Chain of exploitation: satellites → metropoles → Europe
Industrialised nations aren't satellites; underdeveloped nations are limited by satellite status
Satellites developed most when ties to metropolis weakest
Most underdeveloped regions had closest historical ties to developed world
Modernisation theory (e.g., Walt Rostow's stages)
Too economically focused, ignores other factors
Cause of underdevelopment, not a solution
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