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Lecture 8

Lecture 8

3 Pages
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Department
Anthropology
Course Code
ANTB20H3
Professor
Girish Daswani

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Global Capitalism
Capitalism has taken on new forms since the 1970s.
x
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x
These models have led to important debates about the new experiences of space, time and identity emergent from these technological
and social changes.
x
Post-Fordism: information and network are more important than fixed form of capital in one place
x
Internet allows transfer of capital overseas allows movement of capital from easy to easy
x
x
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.
x
These networks are interpersonal, transnational and transitory.
x
We live in a world where info is more important than capital
x
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.
x
The spider (most elaborate web) is the most powerful person. Individuals can start their own company because they can start and build
their networks.
x
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.
x
Network Society
x
Recent developments that generate the basic materials of the informational economy that is replacing the industrial economy.
x
Computers, VCRs, DVDs, artificial systems, word processing or spreadsheet software.
x
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within a city).
x
Whereas manufacturing was the primary economic backbone in most places, information (i.e. software) is becoming more important.
x
Technopoles: small places within cities that are becoming the center of the world
o
The global city: Silicon Valley --> emerges out of a specific strain (i.e. technology)
x
Technopoles (Castells)
x
Global economy is forming outside the key actors such as nation-states
x
Wikileaks-tap into a highly secure database
o
Twitter
o
Powerful information flow
x
World economy is very dependent on information networks
x
One has more access to info and an individual is more connected to world economic centers
x
3 Revolutions
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We are moving forward
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Capitalism is unrestricted
x
As a people, we are progressing
x
There are certain moral assumptions linked to ideals of freedom and progress. For example,
o
What we had before, therefore, is backwards
o
Culture, place, social structures no longer holds back
o
Moral assumptions
x
How accurate are these assumptions?
x
Moral narrative
x
Lecture 9
Monday, March 07, 2011
1:18 PM
ANTB20 Page 1
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Description
Lecture 9 Monday, March 07, 2011 1:18 PM Global Capitalism Global Capitalism N N Capitalism has taken on new forms since the 1970s. N %K030Z507L4Z0OL;0L3K,8-003O,-0OO0,8!489-47L89L31472,9L43,O,3309Z47N047,8L847J,3L]0.,5L9,OL82 N These models have led to important debates about the new experiences of space, time and identity emergent from these technological and social changes. N Post- Fordism: information and network are more important than fixed form of capital in one place Internet allows transfer of capital overseas allows movement of capital from easy to easy N N Network Society N 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. N These networks are interpersonal, transnational and transitory. N We live in a world where info is more important than capital N 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. N The spider (most elaborate web) is the most powerful person. Individuals can start their own company because they can start and build their networks. N 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
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