Chapter 10 Flashcards

(65 cards)

1
Q

The state where one is barely able, or unable, to afford basic necessities

A

absolute poverty

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2
Q

the ability to define one’s goals and act on them; used as a variable to measure inequality

A

agency

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3
Q

A global countermovement based on principles of environmental sustainability, food sovereignty, labour rights, and democratic accountability that challenges the corporate model of globalization

A

anti-globalization movement

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4
Q

A labour market divided into a core of relatively stable, well-paid jobs and a periphery of casual, precarious, and low-cost labour

A

bifurcated labour system

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5
Q

The movement (flight) of capital from one nation to another, via jobs and resources

A

capital flight

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6
Q

A form of slavery in which one person owns another

A

chattel slavery

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7
Q

The transformation in the transportation and trade of goods brought about by the use of container ships

A

containerization

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8
Q

A form of domination in which a state or state sponsored group exercises direct control over the territory and inhabitants of another society

A

colonialism

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9
Q

The widespread exchange of plants, animals, foods, human populations, communicable diseases, and culture between the Eastern and Western hemispheres beginning in the 16th century

A

Columbian Exchange

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10
Q

Dominant capitalist countries

A

core nations

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11
Q

A social condition or setting of social and cultural diversity in which a multiplicity of ideas, traditions and customs intermingle

A

cosmopolitanism

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12
Q

The buildup of external debt, wherein countries borrow money from other nations to fund their expansion or growth goals

A

debt accumulation

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13
Q

When people pledge themselves as servants in exchange for money for passage and are subsequently paid too little to regain their freedom

A

debt bondage

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14
Q

The process whereby former colonies attain formal political self-determination and independence from colonial powers

A

decolonization

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15
Q

The loss of industrial production, usually to peripheral and semi-peripheral nations where the costs are lower

A

deindustrialization

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16
Q

Theory stating that global inequity is due to the exploitation of peripheral and semi-peripheral nations by core nations

A

dependency theory

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17
Q

The process whereby day-to-day life is increasingly less informed by traditions or the ways of life passed down in local cultural and ecological contexts

A

de-traditionalization

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18
Q

The process in which day to day life is no longer completely embedded in local, micro-level interactions but becomes coordinated and organized on a global basis

A

disembedding

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19
Q

Advanced systems of knowledge and practice required to run the complex institutional arrangements and technological systems of contemporary societies

A

expert system

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20
Q

A form of colonialism in which the focus is on the extraction of wealth (rather than settlement)

A

exploitative colonialism

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21
Q

A form of identity formation defined by the drive to find one’s “self” and to express one’s unique individuality, even in the face of resistance

A

expressive individualism

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22
Q

19th century-1914

A

first wave of globalization

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23
Q

A term from the Cold War era that is used to describe industrialized capitalist democracies

A

first world

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24
Q

A term that describes stigmatized minority groups who have no voice or representation on the world stage

A

fourth world

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25
A practice where products are designed, manufactured, and assembled in different international locations
global assembly lines
26
The extension of the capitalist mode of production to the entire world
global capitalism
27
Analytical framework that the development of global capitalism takes place less in the context of national economies and more in the context of global flows of capital investment in an increasingly integrated world market
global capitalism theory
28
Internationally integrated economic links that connect workers and corporations around the world for the purpose of manufacture, distribution, and marketing
global commodity chains
29
A global pattern in which women increasingly bear a disproportionate percentage of the burden of poverty
global feminization of poverty
30
The concentration of resources in core nations and in the hands of a wealthy minority
global inequality
31
The study of structures and processes that extend beyond the boundaries of states or specific societies
global level of analysis
32
The unequal distribution of resources between countries
global stratification
33
The processes of increasing integration and interconnection which incorporate people across the world into a single world society
globalization
34
the market value of all goods and services produced within a country in a given time period
gross domestic product (GDP)
35
The income of a nation calculated based on domestic goods and services produced, plus income earned by citizens and corporations headquartered in that country
gross national income (GNI)
36
Features that define the common culture of global society
late modernity
37
The relationship between core and peripheral countries in which resources of the hinterlands are shipped to the metropolises to be converted into manufactured goods and then shipped back to the hinterlands for consumption
metropolis-hinterland relationship
38
A theory that low-income countries can improve their global economic standing by industrialization of infrastructure and a shift in cultural attitudes toward work
modernization theory
39
A corporation whose ownership and operations span multiple nation-states
multinational corporation
40
The continued socio-economic and political dominance of external political and economic agents in former colonies
neo-colonialism
41
A set of policies in which the state reduces its role in providing public services, regulating industry, redistributing wealth, and protecting the commons while advocating the use of free market mechanisms to regulate society
neo-liberalism
42
The emergence of group identities that provide individuals with a means of distinguishing themselves from others in the context of global diversity and cosmopolitanism
new tribalism
43
A system where an employer compels a worker to pay off a debt with work
peonage
44
Nations on the fringes of the global economy, dominated by core nations, with very little industrialization
peripheral nations
45
the initial stage of capitalist accumulation in which people are separated from a territory and its resources, and subjected to forms of unfree labour, expropriation of land and destruction of self-determining communities
primitive accumulation
46
A stance of contemporary individuality and institutional life that involves (a) continuous monitoring of activities and performance to assess effectiveness and future risks, and (b) a readiness to modify understandings and practices in response to new information
reflexivity
47
The state of poverty where one is unable to live the lifestyle of the average person in the country
relative poverty
48
A characteristic trade off in late modern society between trust in expert systems to manage collective risks and threats, and the recognition of the fallibility of expert systems
risk/trust dilemma
49
Interventions designed to reduce the likelihood of undesirable events occurring based on an assessment of probabilities of risk
risk management
50
1945-1989
second wave of globalization
51
A term from the Cold War era that describes nations with moderate economies and standards of living
second world
52
In-between nations, not powerful enough to dictate policy but acting as a major source of raw materials and providing an expanding middle class marketplace
semi-peripheral nations
53
A form of colonialism focused on permanent settlement and corresponding displacement of Indigenous Peoples and societies
settler colonialism
54
The system by which the world is divided up into separate and indivisible sovereign territories or states
sovereign state system
55
The political form in which a single, central, supreme lawmaking authority governs within a clearly demarcated territory
sovereignty
56
A state of poverty subjectively present when one’s actual income does not meet one’s expectations
subjective poverty
57
Sectors of the global labour market who are of no direct use to capitalism and obliged to sustain themselves precariously in informal sectors of the economy
surplus humanity
58
The principle that territory and economic resources that are not being effectively utilized by an indigenous population could legitimately be expropriated and developed by a superior invading nation
Terra Nullius
59
The spread of automation, computation, instantaneous communication, and digitization through the use of electronics, computers and internet
third industrial revolution
60
1989–present
third wave of globalization
61
A term from the Cold War era that refers to poor, non-industrialized countries
third world
62
A network of owners of capital who are distributed around the world and focused on international markets, rather than their home markets, for investment and capital accumulation
transnational capitalist class
63
An unregulated economy of labour and goods that operates outside of governance, regulatory systems, or human protections
underground economy
64
Analytical framework which conceptualizes a single world-system operating as a global division of labour, divided between multiple states, which redistributes surplus value from the periphery to the core
world systems theory
65
An irrational fear and even hatred of foreigners and foreign goods
xenophobia