a.
b.
c.
d.
e.
a. Profit created to be reinvested, Surplus of profit, expansion production
b. Production of goods for sale on the market
c. Waged labor
d. Private property/ownership
e. State structured dedicating to protect capitalism
T
Emphasize the role of the slave trade and colonization in the early development of capitalism
Argue that race (and racial hierarchies) are key aspects of how class is constructed and experienced within capitalism
Racism is used within capitalism to divide the working class
Racial capitalism is a distinct phase or stage within the larger, longer history of capitalism
Emphasize the role of the slave trade and colonization in the early development of capitalism
Argue that race (and racial hierarchies) are key aspects of how class is constructed and experienced within capitalism
Racism is used within capitalism to divide the working class
National Language
A National Monetary System, including effective Tax Collection
National Communication and Transportation System
Monopoly on the Legitimate Use of Force
All
Common Market
Imagined Community
Divine Collective
National Conventions
Imagined Community
Multinational Corporations
International Communication and Transportation Systems
Terrorist Networks and Organized Crime
Flows of ‘Cold’ Money (not cold but hot money)
Multinational Corporations
International Communication and Transportation Systems
Terrorist Networks and Organized Crime
F
Also diminishing of national powers
T
Britain
Creation of a system railroads
Divergence between core and periphery
the larger the role of the state
T
Manufactured Goods Production
Diversified Production Mix
High Wages and High Profits
Weak States
Weak States
Production of Low Cost Goods, like basic agricultural foodstuffs
Low Wages and Low Profits
Simple Production Mix
Low Levels of Technological Development
All
Sub-Core
Semi-Periphery
Marginal Powers
Neoliberals
Semi-Periphery
1500 1776 1865 1929
1776
Urban factory owner
Invisible hand
Name:
i.
ii.
Name: Keynesianism
i. Greater government regulation
ii. Greater government spending
Ronald Reagan (US)
Margaret Thatcher (UK)
General Pinochet (Chile)
Xi Jinping (China)
General Pinochet (Chile)
International monetary fund, world trade organization, world bank
T