Before discussing underdevelopment and its relationship with globalization we must first have a thorough understanding of underdevelopment and its history. Presently the majority of Latin America, let alone Mexico, is caught in the web of underdevelopment. But this is not simply due to present day circumstances, the build up to this has been in centuries-long participation in the process of world Capitalist development (Frank, 108). Today the bonds of colonialism have long been broken but the consequen...
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...s like Mexico, for the betterment of the developed nations, like the US. A look at the rise of East Asia proves that the combination of import substitution and export promotion is not only feasible but also more successful than neoliberal market policy (Kiely, 139). The only problem with it is that it takes away the control of the transnational corporations and their Capitalist parent nations. Market civilization is ugly and contradictory and has no true desire for dealing with for the frontline issues of development, such as malnourishment, lack of education, and unemployment (Gill, 399). The trickle-down/top-down reform and development methods are simply proposed to appease the masses. But indeed, without the collective potential of the people and a bottom up restructuring, the “organic crises” mentioned by Antonio Gramsci, will never be solved (Gill and Law, 63).
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