Seminar in Sociology of Development 1

Rasaq Olajide Olasunkanmi’s research presents a compelling analysis of the Localization Theory of Poverty, arguing that poverty is deeply influenced by local contexts and social structures. The paper critiques traditional urban-centric views, highlighting how urbanization can lead to increased isolation and competition among individuals. By examining Simmel’s Theory of Urban Mentality, the study reveals the detrimental effects of a money-driven economy on social relationships and community cohesion. Olasunkanmi advocates for recognizing the strengths of rural settings in fostering meaningful lives, suggesting that understanding poverty requires a comprehensive approach that considers both urban and rural dynamics. This work contributes significantly to the discourse on poverty and development, offering valuable insights for policymakers and scholars alike.