150016120 DEVELOPMENT AND UNDERDEVELOPMENT: HISTORY AND THEORY ( 3 Crd.Hrs )

This course traces the ontological genesis and the epistemological evolution of the dialecticized concepts/processes of development/underdevelopment. Ontologically speaking, most critical literature emphasizes that the rise of the world economic system under capitalism during the long 16th century (1450-1640) came to mark the beginning of the dialectics of development and underdevelopment as an intertwined spacio-temporal process at the global level. Epistemologically, the post-World War II, specifically the theorization of modernization theory, unleashed the ongoing scholarly research and debate over the meaning of development/underdevelopment as well as its social, economic, cultural, historical and institutional causes, effects, magnitudes, nature, impacts, objectives and goals.