1. HISTORICAL GLOBALIZATION AND IMPERIALISM The Silk road The Silk road Capitalism Capitalism Industrialization Industrialization Imperialism Imperialism

2. THE SILK ROAD The desire for rare treats was an early prompter of international trade The desire for rare treats was an early prompter of international trade Over time extensive trading routes developed overland and overseas Over time extensive trading routes developed overland and overseas The oldest and longest trading network was known as the Silk Road The oldest and longest trading network was known as the Silk Road It was a network of trails involving river valleys, mountain ranges, and deserts It was a network of trails involving river valleys, mountain ranges, and deserts Beginning in the first century AD/CE, merchants diplomats and travellers used the routes that stretched from the Roman Empire in the west to China in the east Beginning in the first century AD/CE, merchants diplomats and travellers used the routes that stretched from the Roman Empire in the west to China in the east

3. THE SILK ROAD ROUTES

4. Exchanges were not only economic, but cultural, scientific, religious, linguistic Exchanges were not only economic, but cultural, scientific, religious, linguistic Cities along the routes became cultural and artistic capitals, as well as centers of commerce Cities along the routes became cultural and artistic capitals, as well as centers of commerce Mercantilism a system of regulated international trade promoted by the European governments, designed to make European monarchs rich emerged Mercantilism a system of regulated international trade promoted by the European governments, designed to make European monarchs rich emerged In the 1500s, Spain, England, France and Portugal sponsored colonies in search of natural resources In the 1500s, Spain, England, France and Portugal sponsored colonies in search of natural resources Major companies including the Dutch and British East India companies developed Major companies including the Dutch and British East India companies developed http://www.youtube.com/watch?v=vfe-eNq- Qyg&safe=active http://www.youtube.com/watch?v=vfe-eNq- Qyg&safe=active http://www.youtube.com/watch?v=vfe-eNq- Qyg&safe=active http://www.youtube.com/watch?v=vfe-eNq- Qyg&safe=active

5. THE SILK ROAD ROUTES Mercantilism was Eurocentric, putting the needs of the Europeans above the needs of the Indigenous peoples Mercantilism was Eurocentric, putting the needs of the Europeans above the needs of the Indigenous peoples Some partnerships were founded on respect, but that was not the norm Some partnerships were founded on respect, but that was not the norm http://www.youtube.com/watch?v=9W4e _rN15xA&feature=related&safe=active http://www.youtube.com/watch?v=9W4e _rN15xA&feature=related&safe=active http://www.youtube.com/watch?v=9W4e _rN15xA&feature=related&safe=active http://www.youtube.com/watch?v=9W4e _rN15xA&feature=related&safe=active John Cabot, claimed what is today Newfoundland shortly after the voyages of Columbus

6. THE NAMES FOR CAPITALISM PRIVATE ENTERPRISE FREE ENTERPRISE CAPITALISM MARKET ECONOMY

7. EARLY CAPITALISM The 18 th century was a time for challenging conventional ideas The 18 th century was a time for challenging conventional ideas François Quesney and A.R.J. Turgot led the fight for economic freedom during the French revolution François Quesney and A.R.J. Turgot led the fight for economic freedom during the French revolution Adam Smith(1723-1790) solidified his views in his work The Wealth of Nations Adam Smith(1723-1790) solidified his views in his work The Wealth of Nations

8. BASIC BELIEFS OF CAPITALISM private property private property price system based on supply and demand price system based on supply and demand competition competition freedom to buy and sell freedom to buy and sell the profit motive the profit motive Minimal government intervention in economy Minimal government intervention in economy inequalities of wealth inequalities of wealth http://www.youtube.com/watch?v=5eP6iujgeWI&s afe=active http://www.youtube.com/watch?v=5eP6iujgeWI&s afe=active http://www.youtube.com/watch?v=5eP6iujgeWI&s afe=active http://www.youtube.com/watch?v=5eP6iujgeWI&s afe=active

9. COMPETITION AND FREEDOM Key to Smith’s beliefs was the role of entrepreneurs Key to Smith’s beliefs was the role of entrepreneurs He believed the people were basically greedy, but society would benefit from this greed He believed the people were basically greedy, but society would benefit from this greed However, from the earliest stages there were many who were critical of the capitalist philosophy However, from the earliest stages there were many who were critical of the capitalist philosophy However one must understand that capitalism is the foundation of economic globalization today However one must understand that capitalism is the foundation of economic globalization today

10. ALTERNATIVES TO CAPITALISM John Stuart Mill thought that government should enact laws to protect workers John Stuart Mill thought that government should enact laws to protect workers Karl Marx came up with the concept of Central planning, where people work for government-owned and government- controlled enterprises Karl Marx came up with the concept of Central planning, where people work for government-owned and government- controlled enterprises Russia, China and Cuba have all used central planning systems Russia, China and Cuba have all used central planning systems In recent years many of these economies have taken steps towards capitalism In recent years many of these economies have taken steps towards capitalism http://www.youtube.com/watch?v=evofbl4PajM&safe=activ e http://www.youtube.com/watch?v=evofbl4PajM&safe=activ e http://www.youtube.com/watch?v=evofbl4PajM&safe=activ e http://www.youtube.com/watch?v=evofbl4PajM&safe=activ e

11. INDUSTRIALIZATION Quite simply the shift from home based production using highly skilled craftspeople, to factory based production using semi-skilled workers Quite simply the shift from home based production using highly skilled craftspeople, to factory based production using semi-skilled workers In England the transformation was so dramatic the term Industrial Revolution was applied In England the transformation was so dramatic the term Industrial Revolution was applied Cottage industries are places where a skilled craftsman does work by hand from the raw material to finished product stage Cottage industries are places where a skilled craftsman does work by hand from the raw material to finished product stage

12. INDUSTRIALIZATION New inventions helped both the consistency of products and the volume, which translated into lower costs for the consumer New inventions helped both the consistency of products and the volume, which translated into lower costs for the consumer In the early days, factory workers were in abundance, as a result they were treated poorly, paid poorly, and worked in unsafe and dangerous conditions In the early days, factory workers were in abundance, as a result they were treated poorly, paid poorly, and worked in unsafe and dangerous conditions There were no protections for factory workers There were no protections for factory workers Soon some enlightened thinkers like Robert Owen tried to improve the conditions for workers at his New Lanark factory Soon some enlightened thinkers like Robert Owen tried to improve the conditions for workers at his New Lanark factory http://www.youtube.com/watch?v=DimdZpZJTmY&safe=activ e http://www.youtube.com/watch?v=DimdZpZJTmY&safe=activ e http://www.youtube.com/watch?v=DimdZpZJTmY&safe=activ e http://www.youtube.com/watch?v=DimdZpZJTmY&safe=activ e

13. IMPERIALISM AND EUROCENTRISM Imperialism is an association that intentionally benefits one country over another Imperialism is an association that intentionally benefits one country over another It is accomplished by laying claim to territories inhabited by indigenous peoples, and seizing land and resources through conflict or warfare, and finally imposing political control It is accomplished by laying claim to territories inhabited by indigenous peoples, and seizing land and resources through conflict or warfare, and finally imposing political control During the 17 th and 18 th centuries European competition in imperialism was at its apex During the 17 th and 18 th centuries European competition in imperialism was at its apex http://www.youtube.com/watch?v=FTjBNppdk- M&feature=related&safe=active http://www.youtube.com/watch?v=FTjBNppdk- M&feature=related&safe=active http://www.youtube.com/watch?v=FTjBNppdk- M&feature=related&safe=active http://www.youtube.com/watch?v=FTjBNppdk- M&feature=related&safe=active

14. Who do each of the figures in the cartoon represent? In what ways is the cartoon a commentary on old style imperialism? Who is the cartoon sympathetic to? Who is it critical of? http://www.youtube.com/watch?v=OJe1W_HIWmA&feature=related&safe=active http://www.youtube.com/watch?v=OJe1W_HIWmA&feature=related&safe=active

15. EUROPEAN IMPERIALISM There were three distinct forms of imperialism practiced by the Europeans There were three distinct forms of imperialism practiced by the Europeans Colonies, territories that belonged to a European country, it was completely subject to that European countryColonies, territories that belonged to a European country, it was completely subject to that European country Protectorate, an area that maintained it’s own sovereignty but was guided by a European CountryProtectorate, an area that maintained it’s own sovereignty but was guided by a European Country Sphere of influence, an area in which a European country attempted to control both politics and economicsSphere of influence, an area in which a European country attempted to control both politics and economics

16. TRADE AND IMPERIALISM The European countries imported raw materials from colonies and then produced finished goods using those materials, which were than market back to the source countries The European countries imported raw materials from colonies and then produced finished goods using those materials, which were than market back to the source countries In order to maintain this arrangement, European countries often impeded industrial development in their colonies, and placed restricted trading practices In order to maintain this arrangement, European countries often impeded industrial development in their colonies, and placed restricted trading practices

17. THE IMPACTS OF IMPERIALISM Indigenous peoples were often displaced Indigenous peoples were often displaced Indigenous systems of government and commerce were replaced by European systems Indigenous systems of government and commerce were replaced by European systems Exploitation of raw materials by Colonizing nations Exploitation of raw materials by Colonizing nations Loss of Indigenous cultures and languages Loss of Indigenous cultures and languages http://www.youtube.com/watch?v=uu6- TLC0NRQ&feature=related&safe=active http://www.youtube.com/watch?v=uu6- TLC0NRQ&feature=related&safe=active http://www.youtube.com/watch?v=uu6- TLC0NRQ&feature=related&safe=active http://www.youtube.com/watch?v=uu6- TLC0NRQ&feature=related&safe=active