Dependency Theory Edit Meaning

1.

A theory that argues that, due to the exploitative nature of the relationship between advanced capitalist ( western) societies and the Third World, the development of the former resulted in the underdevelopment of the latter. Because of its reliance on external sources of demand and investment opportunities, Western capitalism penetrated virtually all parts of the Third Worldand eventually laid down the foundations of dominance-dependence relationship structures between Northand Southwhich tended to engender and perpetuate underdevelopment in the Third World. According to this theory, exchanges between the Northand the South, such as trade, foreign investment, and aid, are asymmetric and tend to stifle the development of the latter and to reinforce their dependence. The theoryalso contends that local elites with vested interest in the structure of dominance and in monopolizing( monopoly) domestic power cooperate with international capitalist elites to perpetuate the international capitalist system.

See also HF allocation, the example.

2.

A silly idea employed by immature shitheels who would rather riot about idiotic shit than get a real job.

Dude, my parents spoiled me so bad that I love to think I'm smart by talking about Dependency Theory and listen to Rage Against the Machine.