A systems approach for unpacking the mechanisms of a global society

UNCG Author/Contributor (non-UNCG co-authors, if there are any, appear on document)
Dean Marvin Lindo (Creator)
The University of North Carolina at Greensboro (UNCG )
Web Site: http://library.uncg.edu/
Jeff Sarbaum

Abstract: The world-system theory (WST) provides an excellent platform to discuss the dissemination of wealth between nations and the hierarchical value of being a leading nation in the progression of globalization. The primary focus of this paper is to unpack the tenets of globalization and to investigate how each area proposed serves as a system of interrelated parts that function as a whole. When we think about the collapse of the American economy back in 2008, we must also consider the domino effect that crippled core nations such as the EU countries and Japan. We are speaking about a world economy not just a single framework. Therefore, it is important that we view globalization as a system of interlocking components, recognizing that a change in one part results in changes elsewhere in the system. The outcome is that globalization has opened America's borders to skilled foreign workers. Graduates must prepare themselves well to compete in this new global marketplace. More research is needed using the WST. A better understand on how nations are dealing with eroding super powers and embracing a new paradigm of hegemony with repeating patterns of interdependence between nations.

Additional Information

Language: English
Date: 2012
Globalization, International Relations, Offshoring, Pro-capitalist, Semiperiphery, World-System Theory
System theory $x Economic aspects
Globalization $x Economic aspects

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