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Lecture 8

Lecture 8


Department
Anthropology
Course Code
ANTB20H3
Professor
Girish Daswani
Lecture
8

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Global Capitalism
Capitalism has taken on new forms since the 1970s.
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These models have led to important debates about the new experiences of space, time and identity emergent from these technological
and social changes.
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Post-Fordism: information and network are more important than fixed form of capital in one place
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Internet allows transfer of capital overseas allows movement of capital from easy to easy
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Manuel Castells (1996) argues that the main mode of social organization in politics, the economy and civil society is shifting from the
relatively stable hierarchy to a more fluid network form.
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These networks are interpersonal, transnational and transitory.
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We live in a world where info is more important than capital
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Nation-state assumes less importance in these new models of label organization. The nation-state is bypassed. The vertical relations
that defined nation-states (top-down) are not as powerful. New forms of business, consumption and entrepreneurship have emerged.
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The spider (most elaborate web) is the most powerful person. Individuals can start their own company because they can start and build
their networks.
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The network society came about at the same time as globalization. With the deregulation of market economy and new technology,
people were not fixed to certain places.
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Network Society
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Recent developments that generate the basic materials of the informational economy that is replacing the industrial economy.
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Computers, VCRs, DVDs, artificial systems, word processing or spreadsheet software.
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within a city).
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Whereas manufacturing was the primary economic backbone in most places, information (i.e. software) is becoming more important.
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Technopoles: small places within cities that are becoming the center of the world
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The global city: Silicon Valley --> emerges out of a specific strain (i.e. technology)
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Technopoles (Castells)
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Global economy is forming outside the key actors such as nation-states
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Wikileaks-tap into a highly secure database
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Twitter
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Powerful information flow
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World economy is very dependent on information networks
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One has more access to info and an individual is more connected to world economic centers
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3 Revolutions
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We are moving forward
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Capitalism is unrestricted
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As a people, we are progressing
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There are certain moral assumptions linked to ideals of freedom and progress. For example,
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What we had before, therefore, is backwards
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Culture, place, social structures no longer holds back
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Moral assumptions
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How accurate are these assumptions?
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Moral narrative
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Lecture 9
Monday, March 07, 2011
1:18 PM
ANTB20 Page 1
www.notesolution.com
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