1. Exploring the 1960s: An Interdisciplinary Approach Prof. Erica Arnold-Wyche

2. 1. Seminar Ground Rules 2. Questions from Unit 2? 3. Unit 3 Key Terms/Concepts  Economic Systems  Culture 4. Field Trip 5. Unit 3 Assignments 6. Q & A

3. 1. Focus on Topic 2.Arrival time 3.Respect 4.Question: “//” 5.Participate

6.  ECOMONIC SYSTEMS*  Capitalism  Laissez-faire capitalism  Socialism  Democratic socialism  Convergence Theory  Multinational corporations *Economy - a system of producing and distributing goods and services

7.  Capitalism?

8.  Capitalism – an economic system characterized by the private ownership of the means of production, market competition, and the pursuit of profits.

9.  Laissez-faire capitalism?

10.  Laissez-faire capitalism - unrestrained manufacture and trade (literally “hands off” capitalism)

11.  Socialism – an economic system characterized by the public ownership of the means of production, central planning, and the distribution of goods without a profit motive

12.  Socialism ?

13.  Democratic socialism ?

14.  Democratic socialism – a hybrid economic system in which capitalism is mixed with state ownership

15.  Convergence Theory ?

16.  Convergence Theory – the view that as capitalist and socialist economic systems each adopt features of the other, a hybrid (or mixed) economic system will emerge

17.  Multinational corporations – companies that operate across national boundaries; also called transnational corporations

18.  Multinational corporations ?

19.  Culture: The language, beliefs, values, norms, behaviors, and even material objects that are passed from one generation to the next  Cultural leveling  Ethnocentrism  Globalization  Material culture  Non-material culture  Norms–

20.  Cultural leveling ?

21.  Ethnocentrism – the use of one’s own culture as a yardstick for judging the ways of other individuals or societies, generally leading to a negative evaluation of their values, norms, and behaviors.

22.  Globalization ?

23.  Globalization – the growing interconnections among nations due to the expansion of capitalism. //Is globalization is synonymous with “Americanization?”  Since the 60s, the western way of life has rapidly spread across the globe. There is not a city in the world now where you cannot find a McDonalds, Pizza Hut, KFC, and, of course, blue jeans. 

24.  Material culture Vs. Non-material culture?

25.  Material culture – the material objects that distinguish a group of people, such as their art, buildings, weapons, utensils, machines, hairstyles, clothing and jewelry  Non-material culture – (also called symbolic culture) a group’s way of thinking (including its beliefs, values, and other assumptions about the world and doing (its common patterns of behavior, including language and other forms of interaction)

26.  Norms ?

27.  Norms – expectations, or rules of behavior, that reflect and enforce values

28.  Let’s discuss the impact of the global spread of capitalism and the American way of life. ….  Are we (the USA) indeed becoming a “global village” with western beliefs, values, norms?  EXAMPLES?

29.  What place is there for other nations’ beliefs, customs, traditions, etcetera?

30.  Will other nations’ beliefs, customs and traditions eventually become extinct?

31.  Example:Hijab, Niqab, Burqa  What is one example that you can think of where it appears traditions, customs, and beliefs that go directly against American values in this new global village?

32.  Is there a place for such traditions, customs, and beliefs that go directly against American values in this new global village?

33. DEBATE: Should the American way of life be embraced or rejected?

34. NOTE: Please do not post your assessment until I give ahead go ahead to do so. This way we can have a groups disunion without the screen scrolling too fast. Thanks! //Overall, which side of the debate did you come out on? Embrace or reject “Americanized globalization?”

35. //Model principles: Does the American way of life lack the model principles that should be emulated? Why to Why not?

36. //Economics: Does adopting the American way of life have economic consequences? Why or Why not?

37. //Unhealthy: Is the American way of life unhealthy?

38. //Diplomatic feel: Does the American way of life encourage uncooperative, undiplomatic mentalities?

39. //Culture: Is the American "culture" inferior to others internationally? Why or Why not?

41. // International diversity: Would the adoption of the American way of life mean the decay of unique international cultures? Why or Why not?

42.  Readings  Web Resources  Discussion Board  Seminar  Activity: There is an interesting PowerPoint with audio presentation on the topics of capitalism and socialism.