How has capitalism exacerbated some of the power differentials between groups, and how has it shifted that power over time?

Write a 5-7 page paper (double spaced, 12 point font, standard margins) on one of the following topics. Your title page and bibliography (and any other pages that are not writing) do not count towards the page count. Please cite all your sources, with an accepted citational standard of your choice. For sources, you may only use:

• Readings assigned in class.
• Other writing by authors assigned in class.
• Sources which address the exact same topic as readings assigned in class (e.g. West African deindustrialization; gender roles in Iriquois Confederacy, etc.).

1. Powered hierarchies based on social difference have existed long before industrial capitalism. However, these systems have interacted with industrial capitalism in particular ways – at times entrenching their power and at other times shifting that power. Using examples, as well as theory, from class and from the readings, trace how industrial capitalism has interacted with racism and white supremacy; with patriarchy; and with the division between the Global North and Global South. How has capitalism exacerbated some of the power differentials between groups, and how has it shifted that power over time?

2. Social Structures of Accumulation (SSA) Theory posits that while capitalism is fundamentally unstable and prone to crisis, the accumulation process can find medium-term stability through the coalescence of sets of institutions – an SSA. Eventually, a crisis occurs which reflects the contradictions of these institutions, and the resolution of that crisis occurs when a new institutional framework can resuscitate the profit rate and accumulation. Looking at both the Global North and Global South begin with institutions of Monopoly Capitalism and trace the history of the Great Depression of the 1930s, Regulated Capitalism, the stagflation crisis of the 1970s, Neoliberal Capitalism, and the financial crisis of 2008 and ensuant Great Recession, showing how each followed from the previous. Use examples to reinforce your points.

Solution

Powered hierarchies based on social difference, such as racism and white supremacy, patriarchy, and the division between the Global North and Global South, have long existed and have interacted with industrial capitalism Order a customized and more comprehensive answer here

One example of how industrial capitalism has interacted with racism and white supremacy is through the exploitation of racialized labor. During the colonial period, European powers engaged in the transatlantic slave trade, which brought millions of African people to the Americas to work on plantations and in mines. This system of racialized slavery played a key role in the development of capitalist economies, as the profits generated from slave labor were used to finance Order a customized and more comprehensive answer here

In the modern era, racialized labor continues to be exploited through practices such as wage discrimination and the outsourcing of jobs to countries with lower labor costs. This has contributed to the persistence of racial inequality and the concentration of wealth and power among white elites.

Industrial capitalism has also interacted with patriarchy in various ways. One example is through the gendered division of labor, which has often resulted in women being confined to lower-paid and lower-status occupations. This has helped to maintain the power and privilege of men, while also providing a cheap and flexible labor force for capitalist enterprises.

The division between the Global North and Global South is another example of how industrial capitalism has interacted with social difference. The Global North, which includes countries in Europe and North America, has historically been the center of industrialization and has benefited from the exploitation of resources and labor in the Global South. This has contributed to the widening gap between rich and poor countries and has helped to entrench the power of elites in the Global North.

Overall, it is clear that industrial capitalism has interacted with various forms of social difference in complex…Order a customized and more comprehensive answer here