all Flashcards

(39 cards)

1
Q

ideology

A

a socially constructed set of beliefs that become ingrained through process of naturalisation e.g. race is an ideological construction

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2
Q

globalisation - project

A

ideological project that promotes the benefit for all of free trade and global integration

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3
Q

globalisation - process

A

the inexorable process of expanding global interconnection

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4
Q

Imperialism

A

expanding power through territorial domination and influence - often military

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5
Q

cultural imperialism

A

domination of a hegemonic culture through media + values erasing existing local culture.

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6
Q

race

A

audrey smedley define race as a socially constructed ideology free from biological/genetic variation. This does not deny the existence of biological race but the contemporary understanding of race originated to justify slavery

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7
Q

magnificent african cake

A

king leopold of beligium. implication that africa was a valuable resource that eurpoeans should exploit for their own benefit

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8
Q

naturalisation

A

process by which ideologies become socially engrained

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9
Q

white supremacy

A

ideological construction which poses other races as other or in opposition to whiteness - naturalised belief of white people being inherently superior/more civilised

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10
Q

the white man’s burden

A

popularised by Rudyard Kipling. implication that it is the moral duty of the west to civilise non western, non white nations. justification for imperialism

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11
Q

colonialism

A

political social economic and cultural domination of a territory by a foreign power for an extended time. also a set of beliefs to justify this domination

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12
Q

Neocolonialism

A

continuation of colonial power over formerly colonised or “less developed” nations. often indirect methods of domination e.g. economic reliance, geopolitical influence, cultural imperialism

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13
Q

Economic Liberalism

A

ideology or economic policy that favours limited government intervention and free markets

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14
Q

Adam Smith

A

Laissez faire capitalism - minimal govermnent intervention = market prosperity
invisible hand - idea that individuals pursuing self interest in a competitive market contribute to society’s overall wealth
devision of labour leads to economic productivity

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15
Q

Marx

A

alienation/estrangement - the division of labour causes workers to be estranged from the products of their labour, other workers, and themselves

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16
Q

the problem of value

A

how to define the value of something. use value = utility of a commodity. price value = value in relation to other commodities. in capitalism, the pursuit of profit drives the favouring of price over exchange.

16
Q

labour theory of value

A

smith - the value of a commodity is defined by the amount of labour required to produce it (among other factors)
marx - uses LTOV to critique capitalism. workers create value through labour but receive only a fraction of it through labour. capitalism functions by exploiting this ‘surplus labour’ as profit

17
Q

the myth of the self regulating market

A

erroneous belief that the economy can be separated from social & cultural factors

18
Q

The Great Transformation

A

transformation of to becoming market society

19
Q

dis/embedded economy

A

economy being embedded in society to vice versa

20
Q

market society

A

socioeconomic system in which the maket is the driving force (soc embedded in economy not vice versa). effects: commodification of land labour & money, self-regulating markets, disembedded economy

21
Q

Fictitious commodities

A

land, labour, money
Gradually removed from their social & cultural contexts and become commodified. land (enclosures), labour (wages), money (becomes universal means for exchange)

22
Q

enclosures

A

parliamentary act that “created” private property

23
Q

Homoeconomicus

A

belief that humans act solely out of rational economic self-interest

24
Primitive accumulaion
violent historical process through which people are forced to labour. enclosures, rent, labour. marx - how capitalism emerged, polanyi - initial stages in creation of fictitious commodities
25
externalities
cost/benefit incurred by a non-consenting third party
26
externalising machine
built to profit by externalising costs
27
development discourse
belief that people can de developed/underdeveloped based on western hegemonic ideas of development (truman point four)
28
Neoliberalism
political & economic ideology that calls for deregulation - reduced regulation on the flow of goods, liberalisation - open markets, reduce trade barriers, privatisation - of national institutions
29
Bretton Woods Conference
gethering of 44 nations in in 1944 establishes all currencies linked to the dollar + the dollar to gold IMF, WB, WTO later
30
SAPs
enforcement of neoliberal ideology. set of economic reforms that a nation must adhere to in order to secure a loan from the WB or IMF. advocate montary & fiscal austerity, trade liberalisation, privatisation
31
TINA/ GS/ WC
promote that neoliberalism leads to prosperity
32
nationalism
identification with national interest
33
nation state
joining of commmon bounded territory with the political structure of the state
34
immagined community
modern nations are socially imagined entities. made possible through shared symbols, media, collective imagination
35
Friedman
capitalism & freedom. individual liberty & limited government intervention
36
Keynes
active role of the state. in the case of a recession, government should use fiscal and monetary stimulus
37
Hayek
neoliberalism. Limited government involvement. fiscal and monetary austerity - allow market forces to operate
38
Keyensianism
pro-government involvement in the economy