SOCIOL 3P03 Lecture Notes - Lecture 10: Andre Gunder Frank, Talcott Parsons, Historical Sociology

• School: McMaster University
• Department: Sociology
• Course: SOCIOL 3P03
• Professor: Iga Mergler

Document Summary

Globalization recent concept: capitalists face pressures to expand their markets & enhance their profits same rate. States assumed all societies would develop in the same way at the. The term (cid:498)globalization(cid:499) has only been around for about 3(cid:882) years relatively. (cid:883)(cid:890)(cid:888)(cid:882)"s karl marx discusses capitalist expansion. (cid:883)(cid:891)(cid:887)(cid:882)"s talcott parsons develops modernization theory. (cid:883)(cid:891)(cid:888)(cid:882)"s andre gunder frank develops dependency theory. (cid:883)(cid:891)(cid:890)(cid:882)"s concept of globalization appears global markets by developing the term (cid:498)globalization(cid:499) Economic globalization: world wide interconnected material production & financial transactions: economist analysis focus on the economic mechanisms of expanding global trade. Not interested in the social implications: sociologist analysis focus on the historical & structural aspects of globalizing economic processes. Also interested in the social implications of economic globalization (ex. global inequality) Immanuel wallenstein: born in new york (1930, exposed to ideas of politics & world issues from an early age, very politically conscious family. Supported the fight against nazism & fascism.