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Globalization - Globalization Multifaceted Cultural(Said...

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7/7/11 Globalization
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7/7/11 Multifaceted Economic (Wallerstein Cultural (Said here)
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7/7/11
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7/7/11 What happens when multinational corporations have more worth Wal-Mart (USA) $246,525 General Motors (USA) $186,763 ExxonMobil (USA) $182,466 BP-British Petrol (Britain) $178,721 Toyota (Japan) $131,754 Switzerland $239,800 Austria $189,000 Venzuela plus Pakistan $182,100 Egypt plus Phillippines $173,400 Norway $161,800 South Africa $125,900 Ireland $93,900
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7/7/11 World Systems Perspective makes the case that: Modern sociology should be international in scope. Old conflicts between nation-states are being replaced by class conflict on a global scale. Because of exploitation by multinational corporations, dependent nations are unable to pursue economic development. The
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7/7/11 Contrast to the “Modernization” perspective posited in the 1950’s Involves the idea that all nations are on an inevitable climb upward….Less developed nations will eventually become like “first world” nations as they become more developed.
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