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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. The Global Development Crisis challenges this way of thinking. Through an interrogation of some of the most important political economists of the last two centuries--D. Friedrich List, Karl Marx, Leon Trotsky, Joseph Schumpeter, Alexander Gerschenkron, Karl Polanyi and Amarta Sen--Selwyn argues that class relations are the central cause of poverty and inequality, within and between countries. In contrast to much development thinking, which portrays 'the poor' as reliant upon benign assistance, this book advocates the concept of labour-centred development. Here 'the poor' are the global labouring classes, and their own collective actions and struggles constitute the basis of an alternative form of non-elitist, bottom-up human development.
Social stratification --- Economic sociology --- Economic conditions. Economic development --- International economic relations --- Capitalism --- Economic development --- Economic development. --- Globalization --- Social classes. --- Social conflict. --- Social aspects. --- Social classes --- Social conflict --- #SBIB:33H012 --- #SBIB:33H071 --- Class conflict --- Class struggle --- Conflict, Social --- Social tensions --- Interpersonal conflict --- Social psychology --- Sociology --- Class distinction --- Classes, Social --- Rank --- Caste --- Estates (Social orders) --- Social status --- Class consciousness --- Classism --- Development, Economic --- Economic growth --- Growth, Economic --- Economic policy --- Economics --- Statics and dynamics (Social sciences) --- Development economics --- Resource curse --- Social aspects --- Economische stelsels (Marxisme, capitalisme …) --- Economische internationale betrekkingen
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The world economy is expanding rapidly despite chronic economic crises. Yet the majority of the world's population live in poverty. Why are wealth and poverty two sides of the coin of capitalist development? What can be done to overcome this destructive dynamic? In this hard-hitting analysis Benjamin Selwyn shows how capitalism generates widespread poverty, gender discrimination and environmental destruction. He debunks the World Bank's dollar-a-day methodology for calculating poverty, arguing that the proliferation of global supply chains is based on the labour of impoverished women workers and environmental ruin. Development theories - from neoliberal to statist and Marxist - are revealed as justifying and promoting labouring class exploitation despite their pro-poor rhetoric. Selwyn also offers an alternative in the form of labour-led development, which shows how collective actions by labouring classes - whether South African shack-dwellers and miners, East Asian and Indian Industrial workers, or Latin American landless labourers and unemployed workers - can and do generate new forms of human development. This labour-led struggle for development can empower even the poorest nations to overcome many of the obstacles that block their way to more prosperous and equitable lives.
Economic conditions. Economic development --- Economic development --- Development, Economic --- Economic growth --- Growth, Economic --- Economic policy --- Economics --- Statics and dynamics (Social sciences) --- Development economics --- Resource curse --- #SBIB:327.4H10 --- #SBIB:33H041 --- Ontwikkelingsproblematiek: algemeen --- Economische ontwikkelingen en bewegingen
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