When referring to globalization, the Industrial Revolution, "involves both the macro-structures of a global community and the micro-structures of global personhood facilitating the creation of multiple individual and collective identities nurtured by the intensifying relations between the person and the globe," according to Manfred Steger, author of Globalization: A Very Short Introduction (Steger 15). ... As production shifted from handicraft to mechanized work, capitalist accessed financing in order to purchase machinery and factories because machines produced goods quicker and c...

• Word Count: 1625
• Approx Pages: 7
• Has Bibliography
• Grade Level: Graduate

It was Owen who first suggested that, "the life of the individual would achieve a larger meaning through full integration into the cooperative life of the group," (60). ... Sumner aptly justifies self-interest by explaining; "The person with ability, intelligence, and drive will rise to the prominence by successfully competing with all others result(ing) in both a more vigorous population and a better social structure," (77). ...

• Word Count: 1068
• Approx Pages: 4
• Has Bibliography
• Grade Level: Graduate

First, there exists the extreme liberal, or neoliberal, view. ... Imagine a person deciding whether to spend an hour growing rice to feed their family or to spend an hour working in a textile factory. If the person earns more working in the factory, they can spend some of their wages on buying the rice that they would have produced and still have money left over for other things. ... The internationalization of economic activity in Europe first took off in the fifteenth and sixteenth centuries, with the development of new shipping technology that led to Spanish colonization of Latin America. ...

• Word Count: 7309
• Approx Pages: 29
• Grade Level: Graduate