The political economy of underdevelopment in the global South : the government-business-media complex

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Bibliographic Information

The political economy of underdevelopment in the global South : the government-business-media complex

Justin van der Merwe, Nicole Dodd

(International political economy series)

Palgrave Macmillan, c2019

  • : [hardback]

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Includes bibliographical references and index

Description and Table of Contents

Description

This book presents a new theory explaining underdevelopment in the global South and tests whether financial inputs, the government-business-media (GBM) complex and spatiotemporal influences drive human development. Despite the entrance of emerging powers and new forms of aid, trade and investment, international political-economic practices still support well-established systems of capital accumulation, to the detriment of the global South. Global asymmetrical accumulation is maintained by 'affective' (consent-forming hegemonic practices) and 'infrastructural' (uneven economic exchanges) labours and by power networks. The message for developing countries is that 'robust' GBMs can facilitate human development and development is constrained by spatiotemporal limitations. This work theorizes that aid and foreign direct investment should be viewed with caution and that in the global South these investments should not automatically be assumed to be drivers of development.

Table of Contents

1. Chapter 1 The roots of dispossession 2. Chapter 2 Different schools, same problems: Development theory in the 20th Century 3. Chapter 3 From neoliberalism to post-development: development theory's decline and redefinition 4. Chapter 4 Marx, Gramsci, and power networks 5. Chapter 5 Uneven development and capital accumulation: The government-business-media complex 6. Chapter 6 The government-business-media complex and global chains of dispossession 7. Chapter 7 Inputs and outcomes: Debunking aid, trade, and investment as drivers of development 8. Chapter 8 The Status of development, aid, trade and investment in the global South 9. Chapter 9 Modelling development in the global South 10. Chapter 10 Reversing dispossession

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