Modernization Theory and what he refers to as the Legacy of Colonialism

1.  Witt divides his discussion of the theories attempting to explain global inequality into two broad perspectives: 1) Modernization Theory and 2) what he refers to as the Legacy of Colonialism. The Modernization perspective locates the source of global inequality within the poor countries while the Legacy of Colonialism argument focuses on various forms of domination and exploitation between rich and poor countries.

Which of these perspectives do you think does the best job of explaining the inequalities described in the readings and video for this module? Why?

2.  Another good explanation for global inequality can be found here:   

https://www.youtube.com/watch?v=uWSxzjyMNpU

How does this compare to the ways that you've seen global inequality discussed in the news media and presented in popular culture such as movies or TV shows.