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Developmentalism: The Normative and Transformative within Capitalism

Developmentalism: The Normative and Transformative within Capitalism

Authors
Publisher Oxford University Press
Year 18/06/2020
Pages 304
Version hardback
Readership level Professional and scholarly
Language English
ISBN 9780198785798
Categories Economic growth
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Book description

Why do so few countries achieve development success? Achieving development requires many changes over a short period of time, generating instability and risk. It is a deep and integrated economy of change involving force, strategic thinking, and ideological conviction - it emerges when successful development is seen as necessary for the survival of a political order. Developmentalism engages with the moral issues that this raises.

Developmentalism: The Normative and Transformative within Capitalism uses a historical comparative approach to understand development as a transformation which involves a deep and integrated political economy of change - a shift from a state of 'capital-ascendance' to 'capital dominance'. It is only through a transformation towards capital dominance that mass poverty reduction and the construction of a commonwealth are possible. However, capitalist development is extremely difficult
and requires a highly exacting political endeavour. The politics of development is conceptualized as developmentalism: a strategy and ideology in which governments exercise heavy directive power, endure instability and crisis, and secure a rudimentary legitimacy for their efforts. This book argues that
developmentalism requires a conflation of successful capitalist transformation with some form of existential insecurity of the state itself. It flourishes when capitalist transformation connects to profound questions of sovereignty, statehood, nation-building, and elite survival. Developmentalism shows deep contextualisation of capitalist transformation as well as the massive improvements in material life that it has generated.

Developmentalism: The Normative and Transformative within Capitalism

Table of contents

Section I: Developmentalism as a Political Theory of Transformation

1: Introduction

2: Capitalist Development

3: The Capabilities Approach and Liberalism

4: Realism and Political Economy

Section II: Case Studies

5: Britain

6: America

7: The Post-Imperial Era and Japan

8: Taiwan and Israel

9: Rwanda and China

10: Conclusion

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