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Modernization vs. Dependency Theory

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Modernization vs. Dependency Theory
POSC 311
Essay 1
LDC Advisement:
Modernization Theory vs Dependency Theory

The path to modernization is one never clearly defined. The following report will attempt to analyze and critique our nation's potential options concerning social and fiscal policy and use this information in an attempt to recommend future policy agenda. We will be dealing with primarily two theories on national (i.e. LDC) policy - modernization theory and dependency theory. Both have their own sets of costs and benefits as well as they do policy approaches. But before we go further, we must compare the two in attempt to see if either would compromise our government's mandate. Currently our nation has found itself at a crossroads between the progress the western world has to offer and our own historical values and cultural integrity. We have various entities prodding us toward opposite ends of the spectrum. Our foreign investors wish only for further industrialization and perhaps political stability to further their own aims while certain conservative elements at home fear we our losing our cultural identity. A modernist approach would align itself with that of our foreign investors and MNC's operating within our country. The theory claims that our society suffers from being traditional in so far as that we sacrifice economic and industrial progress by placing too great a focus on our cultural heritage (which largely includes religious ideals). The theory goes on to state that in order to modernize we must make further efforts to secularize our governmental processes and as have many western-industrialized nations separate church and state to as great a deal as possible#. While such an approach may satisfy foreign monetary interests we run a very real risk of a political backlash due to this cultural-imperialism of the west. If this backlash were to lead to internal instability we may not only scare off potential foreign investments but also compromise our own legitimacy to

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