Objective: This research study critically evaluates Arturo Escobar’s 1995 assertion that the post- 1950s international development project, instead of delivering prosperity, resulted in widespread underdevelopment, exploitation, and oppression. It investigates the extent to which international development, driven by capitalism and globalization, has failed to achieve its stated objectives, particularly in the Global South, using some African countries as case studies for illustration.
Method: The study employs a qualitative and critical analytical approach, drawing on a multi- disciplinary review of historical accounts, scholarly literature, policy documents, and real-world case studies focused on African nations. It evaluates the theoretical foundations of development, the structural influence of global economic institutions, and the socioeconomic outcomes of key international policies like Structural Adjustment Programs (SAPs).
Results: The analysis reveals that international development has often served the interests of Western industrialized countries rather than those of the developing world. Capitalism and globalization, while promising growth, have fostered global inequalities and allowed transnational corporations and institutions such as the IMF and World Bank to impose neoliberal policies that negatively impact local economies and populations. African case studies demonstrate how these dynamics have contributed to increased poverty, weakened local industries, and socio-political instability. 
Conclusion: This research supports Escobar’s critique that the dominant development paradigm has largely failed to promote equitable and inclusive progress. Instead, it has facilitated colonial-era patterns of dominance and dependency under a neoliberal guise. A fundamental shift that fosters local agency, social justice, and sustainable, context-driven policies over profit-driven globalization is necessary to ensure development becomes truly transformative.