Critical Assessment of the Capitalist Model of Development in the Socio-Economic Transformation of Developing Countries within the Contemporary Global Political Economy Introduction The capitalist model of development has long been the dominant paradigm shaping the trajectory of socio-economic transformation in the developing world. Rooted in the principles of market liberalism, private property, and the pursuit … Continue reading How can the capitalist model of development be critically assessed in terms of its structural characteristics, practical utility, and inherent limitations for the socio-economic transformation of developing countries within the framework of contemporary global political economy?