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Related Flashcards
Cards In This Set
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Major Assumptions
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Why can't so many 3rd world countries develop?
-must understand the global context that actors interact within.
Level of analysis is global (or world capitalist)
Stress the importance of historical analysis- must understand the evolution of capitalism to understand the curret structure
The distribution of weath leads to uneven development between NOrth and South
Economic factors are crucial in explain the world ssytem
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Similarities with other Paradigms
Shares with Realism
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Greater emphasis on the importance of the system level
Differ on Ontology: (polarity vs core periphery)
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Shares with Liberalism
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Politics depends on economics
Similar with liberalism: states are not autonomous
emphasizes Socioeconomic or welfare issues
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Key Questions in Economic Structuralism
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How and why did capitalism form in Europe?
How did capitalism expand outward?
How has capitalism changed over the centuries?
What are the relations between North (First) and South (third) worlds?
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Intellectual Precursors in Economic Structuralism
Karl Marx
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Humanity's growth would eventually lead to a society he called communistic
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Hobson
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Expanding captial can eventually lead to war because of overconsumption by workers, overproduction, and oversaving by capitalists
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Lenin
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"Imperialism: The Highest Stage of Capitalism" Capitalism leads to differnt stages in growth: uneven development
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Gramsci
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Emphasized political voluntarism. argued that ideas could overturn historic blocs through counter hegemony
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Karl Marx
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History is the story of class conflict
Changes in modes of production leads to changes in social relations (ancient, feudal, captialist)
Capitalism was a necessary stage before socialism
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According to Marx, Capitalism
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Consists of market exchanges
Labor as a commodity and means of production in private hands
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Dependency Theory
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Mainly latin american scholars- tried to explain why development didn't take off in the 3rd world.
Questioned benefits of free trade (commondities exchanged for manufacturers)
Interdependence is really just dependency for developing nations
Domenstic forces are also important- National bourgiouse ally with capitalists to exploit their owncitizens
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The capitalist world system seeks to understand ___
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The entire global political-economic system
Tries to understand the fate of al the world regions within the context of political-economy
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Capitialist World System based on writings of _______
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Immanuel Wallerstein
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World Systems Theory
Core
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Provides technology, manufacturing, banking, finance, and other advanced industry and service
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Periphery
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Provides raw materials, such as lumber, minerals and commodities
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