SOC101 Chapter Notes - Chapter 19: World-Systems Theory, Newly Industrialized Country, Berlin Wall
21 Aug 2013
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Chapter 19 - globalization flows of people, images and information: continuation of international economic integration. International trading existed between western europe and china over 700 years ago. Wallerstein (1976: because early empires spent most resources on supporting large military, couldn"t afford being a global empire, true emergence came from capitalism. 16th century: western european nations developed economic systems based on market principles. Goods and services produced and exchanged for profit: england, feudal system of agricultural production replaced with commercial enterprises. Colonizing: political, economic, and cultural domination of countries in asian, africa and americans by european countries starting in 16th century. Giddens (2003: globalization is different in 1970s than prior. Today"s is more about knowledge and service. Power of individual nation states determine own economic, political, and cultural destinies is declining. Occurs when society organizes people into hierarchical system according to social class. First world is assumed to be best; gold standard country.
