ANT100Y1 Lecture Notes - Lecture 20: Wampum, System On A Chip, Kula Ring
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ANT100Y1 Full Course Notes
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Industrial econ and superstructure: globalization (and beyond?, the postcolony and unequal development. Each econ system correlations w a diff kind of superstructure. Industrial revolution: began 1760 (eng), continues? i(cid:374) so(cid:373)e (cid:858)e(cid:373)ergi(cid:374)g (cid:373)arkets(cid:859) today. Industrial system depends on tech: means of production include machines and factories, relations of production, manufacturing, wage labour this was a new concept, unprecedented surpluses, large cities (megalopoles) Money makes the world go round capital organizes the world. Market ideology adam smith: the (cid:858)(cid:373)arket(cid:859) an impersonal, abstract exchange mechanism, the (cid:373)arket orders so(cid:272)iet(cid:455): (cid:858)the invisible ha(cid:374)d(cid:859) (cid:894)ada(cid:373) s(cid:373)ith(cid:895) Inequality: oxfam, 2016: the 32565 8 men own as mu(cid:272)h (cid:449)ealth as the poorer of the (cid:449)orld(cid:859)s population, most are us. Emerging markets: the relatively 32565 middle class is expanding in several (cid:858)e(cid:373)ergi(cid:374)g (cid:373)arket(cid:859) countries, raising their gdp stats, but the great majority of the very poor cont to live there.