Modern_20World_20System_1_

Modern_20World_20System_1_ - The Modern World System How...

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The Modern World System How European Capitalism Began to Dominate the World
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Washing gold. Cooper engraving 1590
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Europeans building a caravel on the Caribbean side of Panama, 1590
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Karl Marx noted the carnage “The discovery of gold and silver in America, the extirpation, enslavement and entombment in mines of the aboriginal population, the beginning of the conquest and looting of the East Indies, the turning of Africa into a warren for the commercial hunting of black-skins, signalized the rosy dawn of the era of capitalist production. These idyllic proceedings are the chief momenta of primitive accumulation. On their heels treads the commercial war of the European nations, with the globe for theatre.”
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European Outsiders Seek an End Run around Italian and Arab Monopolists
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European World Economy International Division of Labor = different tasks assigned to different geographical areas The Core = the best jobs or a “differentiated labor force”; “high value added” The Periphery = the worst jobs, usually commodity production. Social structure in Periphery = small elite of enormous wealth/majority of people degraded labor in plantations and mines
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The Unit of Analysis The unit of analysis is not : The state The nation The people, but The World System of economic exchanges in which development and underdevelopment were not separate phenomena.
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This note was uploaded on 09/30/2011 for the course AMERICAN H 103 taught by Professor Reed during the Spring '11 term at Rutgers.

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Modern_20World_20System_1_ - The Modern World System How...

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