Economic Anthropology Manual English definition 2005 edition
Political economy, culture and the information age The most recent ‘grand narrative’ to provide a framework for explaining the political economy of the modern world is that of Castells in his three-volume work, The information age(1996, 1997, 1999). This work traces the impact of information technology on the world economy and social structure. It brings together a number of Castells’s earlier interests, including the role of the state in consumption (compare Castells 1977), social movements (Castells 1983) and the relationship between information technology and urban development (Castells 1989; Castells and Hall 1994). It also shows how the new technology is leading to a process of polarisation between the rich and the poor, as well as Anthropology, political economy and world-system theory 35 to the erosion of the nation-state and the internationalisation of organised crime. A large part of the third volume deals with regional polarisation between a ‘fourth world’, consisting of much
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