Modernization Theory and Classical Dependency Theory Essay

Modernization theory is the regale of transforming from a traditional or under mystifyed society to a upstart westerly societies way of life. Basically, Modernization theory became the foundation stone of this evolutionary prescription for development. The theory is non homogeneousnumerous proponents disagreed on several(prenominal) key features. But in broad outline, the theory focused on deficiencies in the poorer countries and speculated about ways to overcome these deficiencies. It viewed traditional society as a series of negatives stagnant and unchanging, non innovative, not lettuce-making, not progressing, not growing. Modernization is the economic maturation within societies and the third adult male did not undergo these economic or political transformations it was left behind. So the task of the Third World is to transform itself from tradition to modernity. That is, to follow the footsteps of the westerly public. In fact, because the path is this instant charted , these countries arse avoid the mistakes made by the West. On the other hand, addiction is also not a homogeneous, unified theoryserious analytical differences persist within the school.Economic growth in advanced countries created Third World privation in its energise not simply that the Third World is poor in relation with the industrialised world rather that it is poor because development of the industrial form in Western Europe and North America changed and impoverished many an(prenominal) societies of Asia, Africa and Latin America, through colonialism, imperialism and extractive terms of bargain. When capitalism began to spread, the ceaseless search for profit began through the production of agricultural goods in colonies or other lands, and Western Europes ability to drive unequal bargains. This fundamentally changed the kind structures of the Third World. The term dependency comes from this link Some say the growing of various regions for their raw materials and labour impoverished them and made them depend on the West. Others point out that in fact it is the other way more or less that the West has been dependent on the Third World though biography in order to be able to grow and prosper. Modernization theory moderates capitalism as a creative force, causing growth and progress.Dependency sees inter discipline capitalism as the ruin of the Third World. Modernization sees copious countries as helpers of poor countries dependency sees them as the main obstacle to the benefit of the poorer countries. Not all of dependency theorists prescriptions are anti-capitalism however around seesome good in using capitalism and protectionism to enhance national economies. Both theories film point in terms on how develop these third world countries and address poverty. According to modernization perspective the causes of poverty are due to structural restraints placed on the third world by European powers. It describes the structural restraints as unequal exchange. The declining terms of trade as the price of exports from the third world are decreasing, while prices from demonstrable countries are increasing. This effect creates a circular trap as stipend in third world countries are low, which declines the export prices, while wage in richer countries are increasing, which cause increases in the price of industrial goods. This agency under create countries need to constantly increase their yields and exports for their profits to stay the same. On the other hand, dependency perspective argues that the causes of poverty in third world countries are due to their traditional cultures and values.These theories believe that in order to acquit this problem poor countries can succeed through following the footsteps of developed countries. These would include invading other countries to. However, this is quite unachievable because we are now in modern time. In the case of the Philippines, I believe that we can achieve and become one of the develop countries. For example, iphone has a metal carry on and iron to its internal body the metal was produced through mining and exported to some countries. When it goes back it becomes iphone and it cost more expensive. In other words, the countries that produced metal and have limited technology are making those developed countries richer. Instead of merchandise those products, utilized it within the country and profit more from it. Lack of technology is not the reason to depend in the western countries, impatient and world contented for what they have. They dont think of the better things that they can have. The actual essence of democracy was turned off and forgot that it is the rule of the mob. If these theories are real applicable how come third world countries are still crapping and pang from poverty. But it is very applicable its just happen that the stead and the thinking of the people are different. Like what I have well-educated from Cuban people, people must change their way of thinking.