By Chamsy El-Ojeili
This obtainable textual content presents a accomplished review of globalization and its results from the viewpoint of social and political serious idea. Thematic chapters impress pupil inquiry and the publication indicates how the perspectives of serious theorists are an important to realizing the worldwide techniques shaping the area today.
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Additional info for Critical Theories of Globalization
Imperialism, in brief, refers to the domination of less developed by more developed nations in the interests of economic gain (Marshall, 1994). For Lenin (1970: 106), the imperialistic stage of capitalist development was marked by the following: the concentration of production and capital towards monopolies; 44 Critical Theories of Globalization the merging of bank and industrial capital; the export of capital; the creation of ‘international monopolist combines which share the world among themselves’; and the complete division of the world between the major capitalist powers.
And while America continues to be vastly superior militarily to any other nation, the inconclusive ﬁrst Gulf War of 1991 indicated that it could no longer ﬁnance by itself such military operations as Kuwait, Japan, and Saudi Arabia funded much of the cost (Wallerstein, 2003). 26 Critical Theories of Globalization Turning back now to consider the social dimension of the worldsystem, the French and American Revolutions often are viewed as central in promoting global ideals of democracy and liberty.
Social structure encompasses the economy, technology, and the education system, and it is at the social structural level that Bell’s comments on the emerging postindustrialism are focussed. For Bell (Bell, 1999: xc), the industrial society ‘is primarily fabricating, using energy and machine technology, for the manufacture of goods’, while a postindustrial sector ‘is one of processing in which telecommunications and computers are strategic for the Theorizing Globalization: Introducing the Challenge 31 exchange of information and knowledge’.
Critical Theories of Globalization by Chamsy El-Ojeili