SOC 105 Lecture Notes - Lecture 2: Gyroscope, Gender Studies, Neoliberalism

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Answer: about half (b/w 50 & 60%) Today, as a whole in the us, women earn ___ wages as men. Global inequality = the systematic differences in wealth & power b/w countries. Let the chips fall where they may . Gov"t should stay out of economic development. Following high income growth pattern will lead to the same result (modernization theory) Rostow: ppl in the developing world are lazy & don"t plan for the future. Today, the kety theory driving world policy is a variety of this market oriented approach: neoliberalism. Poor countries are poor b/c they are exploited by wealthy countries, especially thanks to colonialism & its legacy. Compliance is enforced through global military & economic power. In some (limited) cases, dependent development is possible. The capitalist world system is divided among core, periphery, & semiperipheral countries. Core countries extract profits & raw materials from the periphery, & semi-peripheral countries act as middlemen.

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