2. Theories of Globalization Flashcards
__ posits that there is a world economic system in which some countries benefit while others are exploited
World Systems Theory
Wallerstein’s World System Theory Model
CORE
–> High profit consumption goods
–> PERIPHERY
–> Cheap labor and raw materials
SEMI-PERIPHERY
Basic components: (The World-System Theory)
- The global economy has one market and a global division of labor.
- context of world economy
- three-tier structure
- industrialized and produce manufactured goods
- strong central government
- large tax base
CORE
mix of core and periphery
Semiperiphery
- least economically diverse
- least industrialized and export raw materials
- strongly influenced by core nations
Periphery
a theoretical framework developed by sociologist Immanuel Wallerstein in the 1970s.
The World-System Theory
- high income
- industrialized
- control global markets
- have skilled labor force
- need labor and natural resources from periphery and semiperiphery nations
core nations
- middle income
- industrializing
- mostly capitalist
- Share characteristics of core and periphery countries
semiperiphery nations
- low income
- less skilled labor force
- export labor and natural resources
- need investment from other countries
periphery nations
this theoretical position argues that globalization should be understood as a complex set of interconnecting relationships through which power, for the most part, is exercised indirectly
transformationalist/postmodernist view of globalization
Globalization is not a __ from east to west.
one way process
__ and __ have exaggerated the extent of globalization.
optimist and pessimist
the flow of nature is __
two-way exchange
Globalization according to Beck (1992)
globalization = global risk
consciousness, which emerges due to shared, global problems such as terrorism and global warming
Beck (1992)
globalization = global risk
Globalizations according to Giddens (1991)
Globalization = detraditionalisation
Globalization is where people question their traditional beliefs about religion, marriage, gender roles, etc.
Giddens (1991)
globalization = detraditionalisation
__ also see the global media as beneficial because it is primarily responsible for diffusing different cultural styles around the world and creating new global hybrid styles in fashion, food, music, consumption and lifestyle - ___
- transformationalist
- hybridized global identity
Giddens uses that concept of ‘__’ rather than ‘__’
- detraditionalization
- decline of tradition
