Dependency Theory

Wikipedia
Dependency theory or dependencia theory is a body of social science theories predicated on the notion that resources flow from a "periphery" of poor and underdeveloped states to a "core" of wealthy states, enriching the latter at the expense of the former. It is a central contention of dependency theory that poor states are impoverished and rich ones enriched by the way poor states are integrated into the "world system."

Comment

 * The world is divided into camps by wealth: core, middle, periphery


 * The poorer nations provide resources and labor to richer nations.


 * Rich nations dominate poor nations economics, finance, education, culture, sports, etc.


 * The rich within each camp communicate with each other, rule poor in each nation.


 * Modern version of mercantilism.

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Dependency Theory 8m39s YouTube