Economic growth and the ideology of development

Selwyn, Benjamin (2020) Economic growth and the ideology of development. In: Dunn, Bill (ed.) A research agenda for critical political economy. Edward Elgar, Cheltenham, UK, pp. 35-46. ISBN 9781789903065

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This chapter discusses how economic growth is central to most thinking about development. It argues that growth is visualised across much of development studies – ranging from Liberalism, to Statism, to varieties of Marxism – in ways that obscure the social (class) relations from whence it springs. These social relations are simultaneously generative of rapid economic growth, and impoverishment and inequality. Mainstream development theories, however, portray poverty as a consequence of a lack of growth, therefore justifying ever more growth, in a vicious cycle. These political economic and ideological dynamics are best explained by Marx’s theory of capitalist accumulation and exploitation. The chapter concludes by discussing alternatives to growth-based development.

Item Type: Book Section
Schools and Departments: School of Global Studies > International Relations
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Date Deposited: 26 Nov 2020 09:09
Last Modified: 26 Nov 2020 09:09

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