SOSC 3130 Lecture Notes - Lecture 2: Food Regimes, Economic Globalization, Capital Control
20 Jan 2015
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Document Summary
Gottfried related to the expansion of capitalism; stretched from europe to all parts of the world when britain was in imperial power (example) britain is a best example of internationalization; conquered africa, india, australia, china and canada. Merchants and businesses in england benefited because they could pay their workers lower wages and make a profit. Timber, goods and materials like cotton, rum and sugar, african slaves were raided in economies. Internationalization refers to the expansion of capital around the world; movement of money from one capital to another. World wide trade have been around for quite some time; culturally less integration under colonialism; colonials expected to adapt to it; coercive rather than adaptive system; language and culture imposed on others and sometimes quite violently. Idea of poor states; modernization and uneven development around the world with the advanced capital societies and the undeveloped or third world countries. 70s and early 80s language shifts from internationalization to globalization.
