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Chapter

Globalization, capitalism and inequality

Chapter

Globalization, capitalism and inequality

DOI link for Globalization, capitalism and inequality

Globalization, capitalism and inequality book

Globalization, capitalism and inequality

DOI link for Globalization, capitalism and inequality

Globalization, capitalism and inequality book

ByBoike Rehbein, Jessé Souza
BookInequality in Economics and Sociology

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Edition 1st Edition
First Published 2017
Imprint Routledge
Pages 11
eBook ISBN 9781315558936

ABSTRACT

This chapter looks at the three aspects of the capitalist expansion, global inequality and capitalists on a global scale. It does so with the goal of uncovering the global and national structures of domination, which is considered to be the roots of all three of these issues. David Harvey has described the expansion of capitalism after the end of colonialism quite convincingly. The contemporary world order is a transformation of the colonial world, whose inequalities partly persist and partly have been transformed into capitalist structures. Colonialism introduced a dependency structure integrating the colonies into the capitalist world economy. The chapter argues that the hierarchies in capitalist and precapitalist societies are orders of domination and that the order of social classes in capitalism is more fundamental than the capitalist economy even though it cannot be reproduced independently of it. Capitalism is an order of global domination, which consists of dominant classes and nation states.

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