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Theories of Development: Contentions, Arguments, Alternativesby Richard Peet
Synopses & Reviews
Book News Annotation:
Peet (geography, Clark U.) and Hartwick (geography, Framingham State College) have rewritten their 1999 work such that, in addition to addressing evolving global economic realities, it is now a more critical survey of the main theories of socioeconomic development. They address conventional theories of development in chapters covering classical, neoclassical, Keynesian, and neoliberal economics, as well modernization theory. They next present chapters on Marxism, socialism, and development; post structuralism, postcolonialism, and postdevelopmentalism; feminist theories of development; and critical modernism and democratic development. Annotation ©2009 Book News, Inc., Portland, OR (booknews.com)
Widely adopted, this text critically evaluates the leading theories of international economic development, from classical economic and sociological models to Marxist, poststructuralist, and feminist perspectives. No other book provides such comprehensive coverage or links the theories as incisively to contemporary world events and policy debates. Reexamining neoliberal conceptions of economic growth, the authors show what a more just and democratic form of development might look like today.
This widely adopted text starts with the fundamentals--what is economic growth, what is development, and what is the relationship between these two concepts? The authors examine orthodox theories of growth grounded in different schools of economics (classical, neoclassical, Keynesian, neoliberal) before considering critical alternatives (Marxist, socialist, poststructuralist, and feminist). The book elucidates the basic ideas that underpin contemporary controversies and debates surrounding economic growth, environmental crisis, and global inequality. It highlights points of contention among the various theories, links them to historical and current world events, and works toward envisioning a form of development that makes life better for all.
New to This Edition
*Reflects the latest data and global development trends, such as the effects on economies of extreme weather events and climate change.
*New discussions throughout the chapters, including the work of Thomas Piketty, Richard Florida, William Easterly, Niall Ferguson, and Arturo Escobar.
*Responds to current crises, including the global financial meltdown and its consequences and the rise of finance capitalism.
About the Author
Richard Peet, PhD, is Professor of Geography at Clark University, where he was a founding member of the “radical geography movement” and long-time editor of Antipode: A Radical Journal of Geography. His interests include development, global policy regimes, power, theory and philosophy, political ecology, and finance capitalism. The author of numerous books, articles, and book reviews, Dr. Peet is editor of the radical journal Human Geography.
Elaine Hartwick, PhD, is Professor of Geography at Framingham State University, Massachusetts, where she teaches courses in political, cultural, and regional geography and global development. She has published on commodity chains, consumer politics, social theory and development geography, with a regional specialization on Southern Africa.
Table of Contents
1. Introduction: Growth versus Development
I. Conventional Theories of Development
2. Classical and Neoclassical Economics
3. From Keynesian Economics to Neoliberalism
4. Development as Modernization
II. Nonconventional, Critical Theories of Development
5. Marxism, Socialism, and Development
6. Poststructuralism, Postcolonialism, and Postdevelopmentalism
7. Feminist Theories of Development
III. Critical Modernism
8. Critical Modernism and Democratic Development
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