Abstract
The following schema will constitute the substance of this chapter: an introduction will be given to current development issues in the light of traditional thinking in Development Studies. In discussing these issues, focus will be placed on the 1990 Stockholm Report (also referred to here as the Stockholm Initiative), Common Responsibility in the 1990s.1 A critical review of the various development paradigms in the light of economic thinking will be undertaken. On this topic, the introductory parts of the book, Development Strategies Reconsidered,2 will be considered. From these traditional perspectives and current issues of global development, the centrepiece of the world-view concept in development theorizing will be formalized. It will be shown that the concept of world view here revolves around the keynote of ethical primacy in all development issues. Ethics-centred global development will thus be shown to evolve in a natural way in an altogether new framework of development theory and perceptions from the main-stream one.
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Notes and References
The Prime Minister’s Office, Common Responsibility in the 1990s, The Stockholm Initiative on Global Security and Governance (Stockholm, April 22, 1991).
J. P. Lewis and V. Kallab (eds) Development Strategies Reconsidered (Washington, D.C.: Overseas Development Council, 1986).
S. N. Eisenstadt, Patterns of Modernity (London: Pinter, 1987).
For the concept of perception, see Bertrand Russell, “Bergson”, in A History of Western Philosophy (London: Unwin Paperbacks, 1990). Russell writes: “Pure perception, which is the lowest degree of mind — mind without memory — is part of matter, as we understand matter”.
The idea of continuity and substantiveness between mind and matter in circular causation is the foundation of negating the epistemological and ontological dichotomy of western philosophy. See, M. Sainsbury, Russell (London: Routledge & Kegan Paul, 1979) Chapters on “Knowledge” and “Ontology”.
See for example, I. Kant, “Critique of Pure Reason”, in C. J. Friedrich (ed.), The Philosophy of Kant (New York: The Modern Library, 1949)
D. Hume, An Enquiry Concerning Human Understanding (Buffalo: Prometheus Books, 1988).
G. Holton, “Einstein’s Model for Constructing a Scientific Theory”, in P. C. Aichelburg and R. U. Sexl (eds), Albert Einstein: His Influence on Physics, Philosophy and Politics (Weisbaden: Friedr. Vieweg & Sohn, 1979).
H. J. Berman, “Beyond Marx, Beyond Weber”, in H. B. McCullough (ed.), Political Ideologies and Political Philosophies (Toronto: Wall & Thompson Educational Publishing, 1989).
See B. Russell, “Locke’s Political Philosophy”, in A History of Western Philosophy; J.-J. Rousseau, trans M. Cranston, The Social Contract (London: Penguin Books, 1968).
L. Glass and M. C. MacKay, From Clocks to Chaos, the Rythms of Life (Princeton, N.J.: Princeton University Press, 1988).
Such equilibrium states of nature are echoed in T. Parson, The Structure of Social Action (New York: Free Press, 1964).
T. Kuhn, The Structure of Scientific Revolutions (Chicago: University of Chicago Press, 1970).
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An abstract, culturally pluralistic idea of market exchange is provided by, M. A. Khan, “On the Language of Markets”, (Department of Economics, The Johns Hopkins University, September 1991) (mimeo).
S. Lombardini, “Market and Institutions”, in T. Shirashi and S. Tsuru (eds) Economic Institutions in a Dynamic Society (London: Macmillan, 1989).
G. K. Helleiner, “The Question of Conditionality”, in C. Lancaster and J. Williamson (eds), African Debt and Financing (Washington, D.C.: Institute for International Economics, May 1986).
24. A mathematical model of this nature is constructed by M. A. Choudhury, “Toward an Islamic Knowledge-Based World-View of Development Theorizing”, paper presented at the Seminar on Human Resource Development and Economic Growth in Islamic Perspective, World Bank (February 1992).
P.F. O’Brien, “Social Justice Without Socialism: The Advantages of Participatory Capitalism”, in S. M. Speiser (ed.), Equitable Capitalism: Promoting Economic Opportunity Through Broader Capital Ownership (New York: The Apex Press, 1991).
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G.W.F. Hegel, trans J. Sibree, The Philosophy of History (New York: Dover Publications, 1950).
L. von Mises, The Ultimate Foundation of Economic Science, an Essay on Method (Kansas City: Sheed Andrews and McMeel, 1976)
G.C. Harcourt, “Post-Keynesianism: Quite Wrong and/or Nothing New?”, in P. Arestis and T. Skouras (eds), Post-Keynesian Economic Theory (New York: M. E. Sharpe, 1985).
Such a view on environmentalism is vouchsafed by D. Suzuki, “Playing Russian Roulette with World Environment”, in H.B. McCullough, Political Ideologies and Political Philosophies (Toronto: Wall & Thompson Educational Publishers, 1989).
R. M. O’Donnell, Keynes: Philosophy, Economics and Politics (London: Macmillan, 1989).
P. A. Samuelson, W. D. Nordhaus and J. McCallum, Macroeconomics (New York: McGraw-Hill, 1988) Chapter 9.
D. P. Ellerman, “The Democratic Firm: A Cooperative-ESOP Model”, in J.D. Wisman (ed.), Worker Empowerment (New York: The Bookstrap Press, 1991).
This is the way that Kant developed his supreme principle of morality. See L. Infeld (trans), Immanuel Kant, Lectures on Ethics (Indianapolis: Hackett Publishing, 1980).
T.G. Weiss, Multilateral Development Diplomacy in UNCTAD (London: Macmillan, 1986).
A. K. Sen, “Economic Behaviour and Moral Sentiments”, in A.K. Sen, On Ethics and Economics (Oxford: Basil Blackwell, 1987).
One version is the Cobweb model of price adaptation. On a more general scientific note, see J. Gleick, Chaos, Making of a New Science (Harmondsworth: Penguin: 1988), Chapter on “Universality”.
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© 1993 Masudul Alam Choudhury
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Choudhury, M.A. (1993). The Concept of the World View in Comparative Politico-Economic Perspective. In: Comparative Development Studies. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-13055-9_2
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