404 Development: The Market Is Not Enough
In the face of such opportunities, the seeming death of the development debate
in the industrial world represents an enormous travesty. Rekindling that debate,
however, requires listening to new approaches from the rest of the world. Excessive
confidence in free-market approaches melts when one examines the mounting
crises in the supposed success stories of South Korea and Taiwan. Exciting
alternatives to the dominant development paradigms are emerging in the hundreds
of thousands of citizens’ groups that flourish amid adversity and repression in
Africa, Asia, and Latin America. These voices must be heard in the development
establishments of Washington, Tokyo, and Bonn.