TNC MOLAKENG

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SU 3 part 6

8 May 2021, 15:08 Publicly Viewable

Compare and contrast core tenets of modernisation and dependency theories.

The dependency theory challenged modernization whereby its main focus was on the origins and subsequent  development of underdevelopment. Theory of dependency aims to pursue all societies to integrate into a single world economic system which is capitalist. In accordance to theorist of dependency is that Third World countries are poor as they had and resumed to be exploited by the first world countries and colonialism was caused by exploitation. The theory does pay more attention on external variables and ignores internal factors that could also explain the underdevelopment of Local Developed Countries (LDC's). Such theory does hold the fact that some nations gained wealth at the expense of other nations which moreover colonization had been the cause/factor.

Dependency theory focuses more on the role of history, moreover the role of colonialism in structuring the positions of different countries withing the global economy. Such theory does analysis the matter of why a country does occupy certain positions within the world economy should there begin at the global level. Both theories contrast each other in a manner that dependency theory possesses that association between the developed and developing nations is not simply based upon mutual assistance between them which keeps on growing rather it is based upon reliance of developing nations in Western nations. Meanwhile modernization theory possesses that the modernisation of the developing countries politically and socio-economically taking examples from the western countries as examples are the only key to solve issues of backwardness of the developing or poor countries.

Tenets of modernization are that societies develop through a series of evolutionary stages. Such stages based on degrees and patterns which are different on social differentiation, in this instance reintegration of structural and cultural components that are functionally compatible for the maintenance of society. Modernization theory possess a tenet of contemporary developing societies which are at a pre-modern stage of evolution and they eventually would achieve economic growth and would then take on the social, political and economic features. This type of theory suggests that advanced industrial technology produces not only economic growth in developing societies but also other structural and cultural transitions. Modernization theory it does hold the increase in technology which would then increase wealth throughout the globe, and that of low-income nations which could then follow the path taken wealthier, modernized nations.

The dependency and modernization theory contrast each other in a manner that they both discuss about the prominent gap present between the developed and developing countries. They both states that due to very high development in the West countries they stand out as world leaders and at the outcome would then outline impacts on all aspects of life whether socially, economically and politically. Both theories possess the thought that experiences of the western nations are being followed by the developing and undeveloped countries.