Discuss the importance of global division of labor in Wallerstein's approach to understanding capitalism. What does he mean by the waves of capitalist development, and how is that related to the crisis of capitalism? What is “post- Fordism" and how does that define capitalism in our times? Does Castells' theory of network society resonate with the idea of post-Fordism?
Discuss the importance of global division of labor in Wallerstein's approach to understanding capitalism. What does he mean by the waves of capitalist development, and how is that related to the crisis of capitalism? What is “post- Fordism" and how does that define capitalism in our times? Does Castells' theory of network society resonate with the idea of post-Fordism?
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Transcribed Image Text:Discuss the importance of global division of labor in Wallerstein's approach to
understanding capitalism. What does he mean by the waves of capitalist
development, and how is that related to the crisis of capitalism? What is “post-
Fordism" and how does that define capitalism in our times? Does Castells' theory
of network society resonate with the idea of post-Fordism?
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