1. Modern World System
April 18, 2005

2. Modern World System Modernity World Systems Theory Enlightenment
Postmodernity
Network Society

3. World Systems Theory
Global economic order based on wealth differentials
Capital: wealth or resources invested in business to produce profit (return on investment)
Income: wages or salary as return on labor (working class)

4. World Systems Theory Core: geographic centers of power and wealth
Periphery: labor intensive production of raw materials and agricultural goods for export
Semiperiphery: Intermediate; export industrial goods, but lack core’s political/economic dominance

5. Industrial Revolution
Factory Production
Urban Growth
Cheap Goods
Cheap Labor
Population Growth
Beginning Around 1750

6. Enlightenment Age of Reason (1600-1800) Science, Reason, Efficiency
Linear Progress
Liberal Democracy
Industry: application of technology

7. Industrial Stratification
Adam Smith
Benevolent Capitalism
“The Market”
“Invisible Hand”

8. Industrial Stratification
Karl Marx
Bourgeoisie (capitalists)
Proletariat (working class)
Industrialization led to greater inequality

9. Industrial Stratification
Max Weber
“Iron Cage”
Wealth (Economic Status)
Power (Political Status)
Prestige (Social Status)

10. Rise of Modernism Reaction against conditions of production
Machines, Factory, Cities

11. Paradox of Modernity Mass production Mass consumption Greater health
Lower infant mortality
Alienation of Individual
Environmental degradation
Holocaust
Hiroshima/Nagasaki
Nuclear Threat

12. Paradox of Modernity

13. Meta-Narrative
Large-scale theoretical ideas that attempt a universal human history
Christianity
Progress/Reason

14. Industrial Capitalism
Industrialism
Manifest Destiny
Social Darwinism
Eugenics

15. Socialism
Bolshevik Revolution 1917

16. Fascism/Nationalism Germany, Italy, Spain, Japan
Based on nationalism or racism

17. Fordism Taylor: Principles of Scientific Management
Henry Ford: Assembly Line
Combined Mass Production with Mass Consumption

18. High Modernism
Logical Positivism: use of science to achieve technical control
City as “Living Machine”
Houses as “Machines for Living”

19. High Modernism

20. High Modernism

21. High Modernism & World System
Colonialism Ends
Nation-State System Emerges
Corporate-American Orientation
Marshall Plan; World Bank; IMF
Soviet Union & China

22. Modernity: Good or Bad?
Science
Medicine
Technology
Health
Hunger

23. Modernity: Good or Bad?

24. Modernity: Main Themes
Follows Enlightenment “Progress”
Rational, Efficient, Scientific
Some Central Theme
Progress, Capitalism, Socialism etc.

25. “The Machine”