affect of product cycles on economic development in the global south
exporting products that are in an early stage of their product life cycle is associated with higher growth rates
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how social scientists use/debate the importance of ‘social structure’ and ‘individual agency’ in determining people’s life course
* existing social relationships are generally beneficial for certain people, and disadvantage to other groups of people * the state generally enforces rules that favor an elite class
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power def
an entity or individual’s ability to control or direct others
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max weber’s concept of charismatic authority def
when authority is granted because of the exceptional personal characteristics of an individual
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charismatic authority example
hitler, obama, bush
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max weber’s concept of traditional authority def
authority of an organization, person or regime that is largely tied to the tradition because it ‘has always been that way’
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traditional authority example
patriarachy, monarchy, caste systems
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max weber’s concept of rational legal (bureaucratic) authority def
the way that the administrative execution and enforcement of legal rules is socially organized
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rational legal (bureaucratic) authority example
officials elected by voters, rules in the constitution, dr. poulson
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globalization definitions
* action by social agents in one location that has significant consequences for people in other locations * time-space compression * accelerating interdependence due to economic integration * decline of importance of national borders as o meaningful social/political designation * decline in the power of the nation-state compared to other entities
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emile durkeheim’s concept of mechanical solidarity def
social integration and social density is automatic
* ex: family, church
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emile durkheim’s concept of organic solidarity
social integration and social density is organic
* there is a choice * not bound to tradition
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labor mobility in modern labor
new/modern laborers are remarkably ‘mobile’ with an increasingly ability to ‘move’ temporarily and permanently to worksites
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labor segmentation in modern labor
the division by race, ethnicity, religion, age and gender into certain labor occupations
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labor discipline in modern labor
* factory work is a relatively ‘new’ type of labor * time and workplace tasks were not strictly related to one another
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labor resistance in modern labor
* modern labor conditions make mass resistance easier * all are experiencing a ‘loss of control’ concerning their work
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conditions that enabled the transition from mercantilism to the industrial revolution to the rise of the corporation
* adoption of enormous trade restrictions * atlantic trade led to cotton textile production
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role of money in the culture of capitalism
enables the producer to organize his production in a most economical manner
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role of the ‘core’ in the world system theory
industrialized countries in the global political economy
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role of ‘semi-periphery’ in the world system
* countries that occupy an intermediate position between core and peripheral zones * outlet for production when wages increase in the core
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role of ‘periphery’ in the world system theory
* least developed economies * primarily provide raw materials and cheap labor
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market liberalism basic tenets
* individual self-interest is good * people and nations possess a ‘comparative advantage’ in their ability to produce goods and services * open exchange of goods and services makes people and nations wealthier * competition insures that wages for jobs are fair * competition insures services are cheap and abundant * the invisible hand of the market eliminates excess, maintains wages, and protects consumers