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The global development crisis

The global development crisis

Selwyn, Ben, author

This title challenges the assumption that a 'free' global market will afford the same opportunities to both rich and poor states. Drawing on a number of 19th and 20th century thinkers, Ben Selwyn argues instead that class relations are the central cause of poverty and inequality, within and between countries. The central paradox of the contemporary world is the simultaneouspresence of wealth on an unprecedented scale, and mass poverty.Liberal theory explains the relationship between capitalism andpoverty as one based around the dichotomy of inclusion (intocapitalism) vs exclusion (from capitalism). Within this discourse,the global capitalist system is portrayed as a sphere of economicdynamism and as a source of developmental opportunities for lessdeveloped countries and their populations. Development policyshould, therefore, seek to integrate the poor into the globalcapitalist system. The Global Development Crisis challenges this way ofthinking. Through an interrogation of some of the most importantpolitical economists of the last two centuries Friedrich List, KarlMarx, Leon Trotsky, Joseph Schumpeter, Alexander Gerschenkron, KarlPolanyi and Amarta Sen, Selwyn argues that class relations are thecentral cause of poverty and inequality, within and betweencountries. In contrast to much development thinking, which portrays`the poor' as reliant upon benign assistance, this bookadvocates the concept of labour-centred development. Here`the poor' are the global labouring classes, and theirown collective actions and struggles constitute the basis of analternative form of non-elitist, bottom-up human development

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All formats and editions (2)
Published Cambridge: Polity, 2014

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Statement of responsibility: Benjamin Selwyn
ISBN: 0745681069, 9780745681061
Note: Includes bibliographical references and index.
Physical Description: viii, 248 pages : illustrations (black and white)
Subject: Economic development Social aspects.; Social conflict.; Industry.; Capitalism Social aspects.; Development economics & emerging economies; Politics & government; Political science & theory; Social classes.; Economic development.; Globalization Social aspects.
Reproduction: Electronic reproduction. Askews and Holts. Mode of access: World Wide Web.
Other formats: Also available in printed form ISBN 9780745660158