Lecture 17: Postkolonialism and Globalization

Question 1

Capitalist world economy

Answer 1

world system committed to
production for sale or exchange with the object of maximizing profits

Question 2

Capital

Answer 2

wealth invested with
the intent of producing profit

Question 3

World system theory

Answer 3

discernible social system, based on wealth and power differentials, that extends beyond countries

Question 4

three world positions

Answer 4

core

semipheriphery

periphery

Question 5

core

Answer 5

dominant position; nations with an advanced system of production

Question 6

Semiperiphery

Answer 6

industrialized nations that fill an intermediate position between
core and periphery

Question 7

Periphery

Answer 7

the world’s least privileged and powerful nations

Question 8

Industrial Revolution

Answer 8

historic transformation (in Europe, after 1750) of traditional into modern societies through industrialization of their economies

European industrialization developed from a domestic system of manufacture

Question 9

emergence world system

Answer 9

15th century, Europeans profited from transoceanic trade-oriented economy

People worldwide had entered Europe’s sphere of influence

Question 10

Bourgeoisie

Answer 10

owned the means of production

Question 11

Working class (proletariat)

Answer 11

people who had to sell their labor to survive

Question 12

Proletarianization

Answer 12

the separation of workers from the means of production

Question 13

Postcolonial studies

Answer 13

study of interactions between European nations and colonized societies

Question 14

Cultural imperialism

Answer 14

spread or advance of one culture at the expense of others

Question 15

indigenized

Answer 15

modified to fit the local culture

Question 16

Diaspora

Answer 16

offspring of an area who have spread to many lands

Question 17

Essentialism

Answer 17

process of viewing identity as established, real, and frozen