SOCI 3251 Lecture Notes - Lecture 22: Nationstates
Document Summary
Usually defined as the rapidly developing and ever densening network of interconnections and interdependencies that characterize modern life. In particular, theorists have offered competing views concerning when the process of globalization began, what factors are primarily responsible for shaping its development, and where the process began. To this point in world systems, we"ve only seen 2 world systems: world-empires and world-economies. Wallerstein traces the origins of the modern world capitalist system during the 16th century to the convergence of three factors. An expansion of the world"s geography due to exploration and colonization. The core region of the modern world system includes the us, japan, and other similarly industrialized nation-states. Controls the vast majority of world"s wealth while producing a highly-skilled workforce that is controlled through wage payment. The periphery is exploited for its raw materials such as cotton, sugar, rubber, and gold-exported to the core. The semiperiphery occupies a position between the core and periphery.
