Developmentalism

Most fundamentally, Sachs argues, developmentalism advocates the wrong values. Under developmentalism, the economy dominates society rather than the more rational opposite.

Nevertheless, the strong political reasons which supported developmentalism had vanished before the World Bank made its diagnosis.

By invoking developmentalism as more than a statist project for economic growth and one that is also led by an imperative to generate well-being among citizens, I focus on the discursive and other practices through which developmentalism is experienced as a condition, a mode of being and a lived experience.

When President Dwight Eisenhower took office in the United States in 1953, he took a decisive stand against developmentalism, which he regarded as a threat to the commercial interests of America's multinational companies.