SOCI 1311 1st Edition Lecture 21 Global Stratification I Global Stratification a Global Poverty a i no middle class a ii gender inequality b Relative Poverty b i exists in all societies rich and poor c Absolute Poverty c i 1 3 of people in poor nations c ii people lack basic needs c iii severe II Global Stratification Theories a Dependence Theory a i poor countries are poor b c they are dependent on the rich b Immanuel Wallersteins b i Capitalist World Economy Dependency Theory b i 1 Rich nation core of world economy b i 2 poor nation margins of the world economy b ii Blame on colonialism laid backstage b iii All poor nations share history of being colonized by the west b iv the sun never sets on the British empire IE Colonialism c Berlin Conference 1884 1885 These notes represent a detailed interpretation of the professor s lecture GradeBuddy is best used as a supplement to your own notes not as a substitute c i decide part ism of Africa c ii Scramble for Africa c iii most colonies were annexed through blood shed or war II Colonialism a was followed by exploitation b Colonists set up colonies as producers of raw materials b i these materials were sold to the countries at low costs a Colonists were to manufacture the raw materials into finished products b sell back to colonies at high prices c no intention of building factories in poor nations d RESULT change dependence of ex colonies in high income countries e costs for imports were higher than income from exports so a lot of debt owed to the rich poor could not pay back f Due to lack of Industries poor continued to sell raw to rich and buy back finished products from them at higher prices IV Neocolonialism c continues to hamper development in poor nations d new form of poorer global relationships e It involves indirect exploitation by multinational corporations
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