Lecture5 - Globalization Week 4a A. Mini-systems...

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Globalization Week 4a A. Mini-systems (traditional) -Subsistence economies -Production is small scale, for local consumption B. Feudal Systems (tributary) - Surplus division of labor tribute -Production organized by central authority C. The capitalist system (trade) - Product is sold for cash. - Production is decentralized and competes in market - Emerged in Europe c.1500, global by 1900 D. -3 Key Ideologies in Political Economy 1. Economic Nationalism (mercantilism 1500- 1750): a. State-system and capitalism replaced feudalism b. Economic nationalism is about state building c. Prosperity of the state depends on supply of capital d. Protectionism: manipulate the market for national interest Tariffs and subsidies: Tax on imported goods, which will keep money within own country. Subsidy is a direct form of aid to your producers e. Assumption: the international system is conflictual, states compete against each other with conflict sometimes. 2. Economic Liberalism E. Thirty Years War: 1. War between Protestants and Catholics in Europe 2. Geopolitical struggle between emerging states in Europe Driven in part by economic nationalism F. Treaty of Westphalia: 1648 1. Ended the Thirty Years War 2. Protected minority rights in religious worship 3. Established: Cuius regio, eius religio (who’s region, his religion) a. Territorial integrity of the state b. State sovereignty 4. Solidified state-system, increased economic nationalism Colonialism G. Motives for colonial expansion 1. Demand for natural resources a. timber, rubber, cotton, minerals, precious stones and food
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2. Demand for cheap labor 3. Protected Market a. Textiles in India: Cotton from India to Britain: Only paid low wages b. Cotton made into clothing, shipped back to India and sold 4. Competition between European states Conference of Berlin 1884 - 1885 World War I H. Colonial Strategies of Development 1. Resource exploitation a. Infrastructure designed for export b. Agriculture designed for export
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This note was uploaded on 04/18/2008 for the course GEOG 203 taught by Professor Ianfeinhandler during the Spring '08 term at Sonoma.

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Lecture5 - Globalization Week 4a A. Mini-systems...

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