Abstract:
This paper is an attempt to summarize the miscellaneous criticism of numerous scholars
contingent upon Rostow's comprehensive model of Stages of Economic Growth: A NonCommunist
Manifesto-one of the historical patterns of the economic development. This study
argues that how have the different scholars criticized the Rostow model of economic growth or
unwilling any importance to the theory. Others, while identified the author's productive
contributions in some aspects, recognized the numerous flaws in the terms of theory and
experimental substantiation. His model of economic growth opposed to the Karl Marx phases of
feudalism, socialism, capitalism, bourgeoisie, and communism. Therefore, economists and
historians are uncertain and disapprove the substantiation of the division of economic-history
into five stages of development as obtained by Rostow. This model of development acclaims that
all societies evolved from a state of traditional society to the modern one and wangled into the
economic maturity. This model has already outset the lively debate and endured the podium of
criticism among various research scholars, economists and historians. The postulates of model
shifted from economic growth to the politics and practiced by nine major countries-this general
hypothesis is highly criticized by numerous economists for being too hazy, theoretical and feeble
from substantiation point of view. Hence, no comprehensive work has yet been conducted to
summarize the critique of various scholars. |
International Journal of Social Science & Economic Research
