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Chapter 23 Vocabulary
The World System and Colonialism
17
Anthropology
Undergraduate 1
12/05/2013

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Term
Capitalist World Economy
Definition
profit-oriented global economy based on production for sale
Term
Capital
Definition
wealth invested with the intent of producing profit
Term
World-System Theory
Definition
idea that a discernible social system, based on wealth and power differentials, transcends individual countries
Term
Core
Definition
dominant position in the world system; nations with advanced systems of production
Term
Semiperiphery
Definition
position in the world system intermediate between core and periphery
Term
Periphery
Definition
weakest structural and economic position in the world system
Term
Industrial Revolution
Definition
(In Europe, after 1750), socioeconomic trasnformation through industrialization
Term
Bourgeoisie
Definition
owners of the means of production
Term
Working Class, or Proletariat
Definition
people who must sell their labor to survive
Term
Imperialism
Definition
policy aimed at seizing and ruling foreign territory and peoples
Term
Colonialism
Definition
long-term foreign control of a territory and its people
Term
Postcolonial
Definition
describing relations between European nations and areas they colonized and once ruled
Term
Intervention Philosophy
Definition
idealogical justification for outsiders to guide or rule native peoples
Term
Neoliberalism
Definition
principle that governments should not regulate private enterprise; free market forces should rule
Term
communism
Definition
politcal system in which property is owned by the community; people working for the common good
Term
Communism
Definition
political movement aimed at replacing capitalism with Soviet-style communism
Term
Indigenous Peoples
Definition
original inhabitants of particular areas
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