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Themes in Contemporary Development Discourse
Contemporary development discourse is variegated and diverse. The meaning and scope of ādevelopmentā has expanded in magnitude and has been radically reformulated in various theories and discourses including dependency, world-system, Marxist, socialist, postmodernist, postcolonial, poststructural, feminist, ecological, critical modernist, etc. The worldās societies have also changed dramatically in many ways (a fact evident in the explosion of discourses of āglobalizationā and āanti-globalizationā or alter-globalizationā), and there are many emerging new voices on the world scene discussing societal development and transformation. Knowledge production has also expanded and changed dramatically, raising new epistemological challenges and possibilities. This is the contemporary scene of development discourse divided by the secular academy and in the various notions or principles of ādevelopmentā in other areas of life as well. Thus the scale of the task of exposing the contemporary development discourse would be daunting. But this is not the task we intend to undertake here.
This chapter sets out to expose not every conversation going on in the contemporary scene of development discourse but only select themes with the aim of introducing the academic field of discourse on development that will be in conversation with Lonerganās philosophical anthropology. The chapter will be divided into two parts. The first part will discuss select theories of development. The second part will be a discussion of notions of development as contained in some principles of Catholic social teaching.
theories of development
Development means producing a better life. Development is fundamentally economic. Hence, the discipline of economics has to be integrally involved in the study of development. All theories of development have significant economic aspects, along with other dimensions. So, we have to know economics to understand development.
āRichard Peet and Elaine Hartwick
In the above words Richard Peet and Elaine Hartwick lay the groundwork of their theory of development. They argue that the economic dimension plays a very important role in theories of development because all theories have significant economic dimensions. Peet and Hartwickās position is correct as far as it goes, for at least two major social revolutionsāthe industrial revolution and the shift to global economic production. There are other factors as equally important as economic growth. Some of these other factors could be summed up in the goal of economics as improving the living condition of people and promoting human flourishing and well-being. This is clear from the view of economists who champion human development. According to Amartya Sen, the success of economics āhas to be judged ultimately in terms of what it does to the lives of human beings. The enhancement of living conditions must clearly be an essentialāif not the essentialāobject of the entire economic exercise, and that enhancement is an integral part of the concept of development.ā Mahbub ul Haq holds similar view by acknowledging that ātoday, it is widely accepted that the real purpose of development is to enlarge peopleās choices in all fieldsāeconomic, political, cultural. Seeking increases in income is one of the many choices people make, but it is not the only one.ā Thus, in the United Nations for instance, we do have not only macro bodies that deal on economic planning like the World Bank, the International Monetary Fund and the regional development banks. We also have institutions that specialize on micro human development issues like the World Health Organization (WHO), United Nations International Children Emergency Fund (UNICEF), United Nations Educational Scientific and Cultural Organization (UNESCO), International Labour Organization (ILO), United Nations Population Fund (UNFPA) etc. It is very obvious āthat people are both the means and the end of economic development.ā As will be seen below, the various theories of development approach the ends of development differently.
Adam Smithās Theory of Self-Interest
Classical economics developed following Adam Smith, whose philosophy is based on the inevitability of self-interest as the determinant of exchange and of values, as argued in his 1776 book, An Inquiry into the Nature and Causes of the Wealth of Nations thus:
Adam Smith contends that human beings have a natural propensity to trade, āthe propensity to truck, barter, and exchange one thing for another.ā As traders, human beings naturally pursue their self-interest, with the aim of making money, of making profit for themselves. As a result of this pursuit for self-interest, Smith argues that whoever wants to get anything from anybody should appeal to the self-interest of the person, to the others advantage to get him/her to do what one wants. For:
Human selfishness is thus an economic motive for the creation of wealth and production of growth. However, self-interest is tamed by virtue, a concept which to Smith meant the āexceptional powers of character and mind, the love of that which is dignified, honourable and noble in their pursuit of self-interest.ā For although human self-interest is natural, Smith also believed that human beingsā highest quest was for virtue. Consequently, self-love is mitigated by virtue. And āshould that prove insufficient, selfishness (in the form of greed) should be limited by laws made by the state.ā
Adam Smithās classical theory developed in response to the continuing social turmoil that began in the age of industrialization and state intervention to protect trade in the period of mercantilism. Adam Smith proposed letting human selfishness reign because in the pursuit of oneās self-interest one simultaneously promotes an unintended goalā, āthe invisible handā unintended consequence, ā promoting the good of the society. For instance, in the course of promoting oneās self-interest in making money, one embarks on a business venture and in the process provides jobs for other people as well. Instead of regulating the market, governments should let the invisible hands of market forces create an overall benefit for society. So within the larger scheme of The Wealth of Nations, Smith insisted that various countries should specialize in those areas of production where they are naturally endowed, what he termed ā...