THEO 12_The universal Destination of Goods (UDG) & the Right to Private Property (RPP)

category of africa, asia, and south america

global south

catgeory of the us and europe

global north

3 theories of modern development

1. modernization theory

2. structuralist economic theory

3. dependency theory

modernization theory

development necessitates a radical break of underdeveloped countries from their past traditional values and replace them with “modern” institutions, technology, and cultural values

role of the us in the 50-60s

supplier of international development aid

what kind of help/aid did the us give in the 50-60s

paternalistic love/help

examples of us international development aid

• world bank

• industrialization projects

• education

type of approach the modernization theory used

top-down approach

problem with the modernization theory

little/no participation in the design of projects by those affected

poem that exemplifies the us stance on development in the 50-60s

white man’s burden

in the us grooming the 3rd world, who benefited the most from the aid

• local elites

• foreign corporations

what happened to the poor due to the modernization of the us in the 50-60s

displaced

it put local artisans out of business and did not create job opportunities

industrial production

response to the modernization theory

structuralist economic theory

2 types of nations according to the structuralist economic theory

1. peripheral nations

2. central nations

nations of the margins

peripheral nations

first world nations

central nations

used by central nations to shape peripheral nations

colonialism

what does colonialism do to peripheral nations

orients the peripheral economy to:

• lower costs of exports for the first world

• cheap/free labor

what kind of development do peripheral nations lack but need

• domestic needs

• internal growth

used by central nations to protect their domestic industries and lessen demand for imports from the center

tariffs

nationalist policy by C.P. Garcia

filipino first policy

ideology where a country may not be owned by its colonizers on paper but still have power over them

neocolonialism

example of neocolonialism

multi-national corporations (MNCs)

premise of the structuralist economic theory

the peripheral nations are colonized by central countries thus cannot meet their domestic needs in the pursuit of the needs of their colonizers

response to structuralist economic theory

dependency theory

premise of the dependency theory

• we have a benign view on capitalism

• we are too optimistic on the willingness of the local elites to challenge the first world and benefit the local poor

argument of the dependency theory against modernization theory

underdevelopment is caused by their structural interactions with developed countries

argument of the dependency theory against structuralist economic theory

• meeting domestic needs is only to the extent of serving local elites who can afford industrial goods

• local industries are often oriented to meet the demands for luxury products rather than the basic needs of the poor

policies leveraged against he 3rd world debt crisis

structural adjustment policies

US administration that created the structural adjustment policies

Reagan administration

examples of structural adjustment policies

• international monetary fund (IMF)

• world bank (WB)

what were the clauses required by structural adjustment policies such as the WB

1. prioritize cheap exports to the center

2. eliminate tariffs that leave local economies volatile

3. decrease social spending of the state

problems of structural adjustment projects

• favored the first world and local elites

• exploitation of the environment

cancer analogy of structural adjustment policies

1. blood vessels provide nutrients to the tumor

2. the tumor tricks the immune system to help the cancer cells stay alive, grow, and not attack it

5 faces of social cancer

1. neo/colonization

2. multinational corporations (MNCs)

3. local elites benefit from the system and/or collude with foreign powers

4. internal funding institutions and SAPs

5. dat mining for profit and manipulation

what is the rationale to the right to private property

1. part of the sphere of autonomy (to exercise rights)

2. extension of human freedom

3. incentive to carry out functions

4. self-fulfillment

5. expression of personality

what is the deprivation of acquired property equal to

violation of dignity

what is the universal destination of goods

• development of the whole person and all people

what does the universal destination of goods focus on

the MEANS

what are the means of transforming goods of creation into its universal destination of goods

private property

what is the duty that is created due to the right of private property

serve the common good

position of the kingdom of God vs money

• we must give back to the poor so that they may also be able to have private property of their own and experience wholeness