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  • SA Lodestar

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    The document discusses the concept of development as analyzed by Wallerstein in his article. Wallerstein examined how capitalism legitimized the idea that nations should accumulate more surplus over peripheral countries, leading to current inequality. He also explored the duality of development as both "catching up" to leaders and achieving equality, and how developing in one area creates a need for new poor consumers. Wallerstein ultimately suggests that national development is an illusion, as true development for all is impossible under capitalism since some must develop at the expense of keeping others poor.

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    The document discusses the concept of development as analyzed by Wallerstein in his article. Wallerstein examined how capitalism legitimized the idea that nations should accumulate more surplus over peripheral countries, leading to current inequality. He also explored the duality of development as both "catching up" to leaders and achieving equality, and how developing in one area creates a need for new poor consumers. Wallerstein ultimately suggests that national development is an illusion, as true development for all is impossible under capitalism since some must develop at the expense of keeping others poor.

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    5 views1 page

    SA Lodestar

    Uploaded by

    edortega18
    The document discusses the concept of development as analyzed by Wallerstein in his article. Wallerstein examined how capitalism legitimized the idea that nations should accumulate more surplus over peripheral countries, leading to current inequality. He also explored the duality of development as both "catching up" to leaders and achieving equality, and how developing in one area creates a need for new poor consumers. Wallerstein ultimately suggests that national development is an illusion, as true development for all is impossible under capitalism since some must develop at the expense of keeping others poor.

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    of 1

    Eduardo Francisco R.

    Ortega 072558

    Development: Lodestar or Illusion?


    The discourse on development has been trending worldwide for the past centuries. We can see or hear this everywhere we go. Economic development. Policy changes to attain and support development. Newly industrializing countries. Modernization. Technological advancement. Poverty alleviation. Equality. Everywhere in the world, we see countries trying to achieve development. But what is development? Can it really be achieved? Wallerstein, in his article, addressed this by looking at the history of the capitalist world-economy. Furthermore, he tried to answer the following questions: Development is the development of what? Who or what has in fact developed? What is the demand behind the demand for development? How can development occur? And, what are the political implications of these? Upon reviewing the history of the capitalist world-economy, Wallerstein suggests that capitalism has legitimized that we can or should have more. From this perspective, we can see how some nations were capable of accumulating more surplus than other peripheral countries. This now brings about the inequality (among and within countries) we are facing today. The growth of European states and other core nations since 1945 has resulted to excessive urbanization. Thus, resulting to higher labor costs. To answer the second question about the demand behind development, the author explained the duality of development as a form of catching up and an issue of equality. People were divided when it came to this. There were those who believed that in order to develop, the must catch up with whoever is leading. There were also those who believed in equality. Others would also believe that equality could be achieved by catching up. But what will happen after development in one area occurs? The author suggests that as the former poor become richer, there was a need for a group of nonaccumulating poor to be the new consumers. So, is development achievable? According to Wallerstein, national development can actually mean the opposite. Not all will develop, but those who did develop did so at the expense of other individuals.

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