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Essay / Research Paper Abstract
6 page paper looks at the role and importance of consumption in cultural globalization discussing the theories and hypotheses proposed to explain this relationship. The paper includes examples to illustrate points raised. The bibliography cites 7 sources.
Page Count:
6 pages (~225 words per page)
File: TS14_TEconspGlob.rtf
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different, or produced at a lower cost that have driven the import and export trades as well as outsourcing of jobs. This process has been described by Waters (2001; 228)
as creating an enormous bazaar. And may be described or examined in the context of different theories. One of the more radical theories is that of Lenin (1964), who
argues that the globalisation and the consumption should be explained as the result the labor theory of value which ca be used to explain how and why capitalism has expanded
globally, that by its nature is has to grow outwards as a drives of consumption push outwards. However, this theory may be seen as weak, as globalisation has occurred there
has been a fundamental shift in the relationship between capital and labor in the way that the industrial and the post industrial developments have taken place and the process of
development seen in the developing nations. New industries and even existing industries have the basis of their development the utilisation of knowledge and not the exploitation of labor, this is
a perspective argued strongly by Castells (1996). This also supports the social network theory which is seen as more of a mainstream
perspective. For Castells globalisation represented the universalization of the global capital, with the interconnection of the different networks, and that these also impact on the way that global flows of
images and messages take place. Castells looks at this and sees global capitalism as defined as a the struggle over consumption between the "interacting.... select their multidirectional circuits of communication"
(p371) and the "interacted" where this population is ".... a restricted number of prepackaged choices" (p374). This is the argument between the empowered rich and developed nations and the developing
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