SOCI 254 Lecture Notes - Lecture 8: Thai Baht, Human Capital
Document Summary
Individualism not what makes them in modern society individualism is a key aspect less stability; people always to do better we have multiple identities in modern society modernization is both creative and destructive lost simple identity has consequences integration characteristic of society various institutions can mesh. Semi periphery can also play boss to the next lower level periphery nations least economically diversified weak tax base weak institutions exports raw materials least industrialized cannot compete because of this lack of the above. 2013 10 10 developing countries as competitors competitors to developed countries emerging economies focus on four classes of individuals rather than countries economic elite is now all over the place (world"s richest man lives in mexico, where there is huge income inequality) therefore economic class is not simply nationally based emerging middle classes are more important marginalized class: work in sweatshops for example states are not less but more important now no clear distinction between domestic and international matters.
