The modernization theorists believe and argue that change is unavoidable and the transformation from traditional to modern societies will occur in a linear way. There are many ways for change to take place such as political institutions, economic institutions, technology and mass media and through education. Rostow’s modernization theory is around “five stages of economic growth” which was alternative to Marx’s theory of economic development. Rostow in his theory of modernization argues that an underdeveloped nation “take-off” toward modernity is achievable through the spread of technology and the modern economic organizations. According to Rostow, all societies, in their economics dimension are lying within one of the five categories: traditional society, pre-condition for take-off, take off, the drive to maturity and the age of high
Rather, this term is shorthand for a variety of perspectives that were applied by non-Marxists to the Third World in the 1950s and 1960s. The dominant themes of such perspectives arose from established sociological traditions and involved the reinterpretation, often conscious, of the concerns of classical sociology. Evolutionism (with its focus on increasing differentiation), diffusionism, structural functionalism, systems theory and interactionism all combined to help form the mish-mash of ideas that came to be known as modernization theory. There were inputs from other disciplines, for example, political science, anthropology, psychology, economics and geography, and in the two decades after the Second World War such perspectives were increasingly applied to the Third World. In many respects, the beginnings of modernization theory can be traced to antiquity, when the notion of evolution was first used with reference to human society.
This essay intends to address the limitations of the modernization theory by way of looking on the ancient development of the modernization theory, creating a comparative evaluation of the less economically advanced nations and greater economically evolved international locations. This assessment will highlight the variations and similarities between international locations that affect their improvement and modernization. The modernization idea is a concept this is used to give an explanation for the system a nation going through a transition from being a conventional society to a present day society. a number of social theorists along with Karl Marx, Walter Rostow and Samuel Huntington contributed to the improvement of the modernization principle.
It proposes that the growth model as seen in China with rising levels of per capita income came at the cost of future generational disparity. The trend in the economic development was to more from primary to secondary and then to tertiary sector that primarily comprises of services. This model misses on the quality of service being provided and who is the provider? Stiglitz proposes that there should be a shift from production being a measure of development to well being being a measure. There are two components of well being- material and qualitative well being.
During the pre-conditions for take-off stage the introduction of banks as another alternate form of acquiring capital help speed the society of the time towards becoming a more open society for economic growth and investment. Capital good in these two initial stages was essential for the country’s to eventually reach the Take-Off stage. Without raw materials industry would not be possible and thus most countries would not make it passed stage
Ever since the time of evolution, human societies are changing constantly. The popularity of modernizing theory grew only after 1960’s. Modernization Theory is the theory of everybody’s future. Modern societies are aspirational, technologically advanced, economically self-sufficient and consumerist. Modern societies are conceived to be more secular vis a vis traditional society.
For a more holistic assessment of Korea’s modernity, we also have to analyze Korea’s social and economic modernity during this period. Henceforth, this alternative viewpoint refers to the ‘modernization theory’. The ‘modernization theory’ challenges the ‘exploitation theory’ as it addresses the impacts which the Japanese occupation had on Korea, namely educational and social aspects. The ‘modernization theory’ assesses historical developments based on facts and data, as opposed from a specific nation’s viewpoint. This theory evaluates exploitation and development without a Manichean concept.
The modernization theory is based on the concept that inequality persists because of the different level of technological development. It sees the Western countries as highly developed and wealthier, and suggesting that the poorer countries are ‘underdeveloped’ and ‘backward’. The underdeveloped countries were recommended to adopt the model of the Western countries in order to progress. Walt Rostow, a renowned scholar developed the stages of development through which every countries develops and that every countries have to go through these stages for development (Deji 2012, 15-16). However, in the pretext of modernizing the underdeveloped countries, the rich countries are utilizing and depriving resources from poorer countries.
Modernization Theories It seems that like the periodization in Philosophy, the modernization theories grow periodically and sometimes gradually. This part is subdivided into three subparts such as Early Modernization Theories; Neo-evolutionism and Neo-functionalism; and Modernity: non-Eurocentric Conceptualization. At the third subpart, the concept on ‘modernity’ is elaborated, that, ‘modernity’ is not as the Eurocentric reality, but as a global