POL208Y1 Lecture Notes - Lecture 5: World-Systems Theory, Central Force, Core Countries
Document Summary
Marx: ideas are inherently a reflection of economic interest. Humans are fundamentally rational theorists; rationalize their own self interest. Consequently the dominant elites rationalize their own self interest and the dominant ideals reflect those interests. Economic changes brings about changes in ideas. The ability to produce evermore goods will outstrip demands of those goods, result in mismatch of supply and demand, bankruptcies, social crises, tec. Concentrate wealth in ever fewer hands social crises. Distinction of class that emerge under capitalism is the central force that will bring to its eventual downfall. A means of dealing with social crisis in poor countries by shifting the most exploitive processes involved in the capitalist process to third world countries that can be dominated by militarism. Extended the idea of exploitation, which in marxist theory for the most part focuses on what happens within firms. Level of exploitation of the third world by the first world. Rise of capitalism created two groups of countries:
