Day 82 - Wallerstein
Today in WHAP we continued our lecture over economics in world history.
First, Mr. Profitt checked our notes over Wallersteins thesis, which I got a 5/5 on, and were the model for the class.
Then, we moved onto the lecture, starting by going over the definition of a core region. A core region has a strong government, can control production of goods, and can control distribution of goods. Along with core regions there are peripheral regions and external regions.
Not every country fits perfectly into kne if these category’s, because I’m the example of China it is considered external even though it doesn’t really match the definition very well.
We then looked at the pattern if his societies become peripheral, and all of them seem to exploit the vulnerable in some way of serfdom or slavery in order to raise profit margins.
We then talked about game themes, of which there are 3 types:
0 Sum games, where net+ is added to net-, always equaling zero. In this scenario, there’s one winner and one loser.
There are then +sum games, where one person gains while the other person loses nothing. An example of this would be if Lebron gives a pair of expensive shoes to a kid. He doesn’t have to pay for the, so he loses nothing while the kid gains a neat souvenir.
Then, finally, there are -sum games. This is a lose-lose situation.
Anyways, with that the bell rang and we were dismissed. Until tomorrow!
First, Mr. Profitt checked our notes over Wallersteins thesis, which I got a 5/5 on, and were the model for the class.
Then, we moved onto the lecture, starting by going over the definition of a core region. A core region has a strong government, can control production of goods, and can control distribution of goods. Along with core regions there are peripheral regions and external regions.
Not every country fits perfectly into kne if these category’s, because I’m the example of China it is considered external even though it doesn’t really match the definition very well.
We then looked at the pattern if his societies become peripheral, and all of them seem to exploit the vulnerable in some way of serfdom or slavery in order to raise profit margins.
We then talked about game themes, of which there are 3 types:
0 Sum games, where net+ is added to net-, always equaling zero. In this scenario, there’s one winner and one loser.
There are then +sum games, where one person gains while the other person loses nothing. An example of this would be if Lebron gives a pair of expensive shoes to a kid. He doesn’t have to pay for the, so he loses nothing while the kid gains a neat souvenir.
Then, finally, there are -sum games. This is a lose-lose situation.
Anyways, with that the bell rang and we were dismissed. Until tomorrow!
Comments
Post a Comment