Chapter 23: Capitalism and Culture

In chapter 23 Stayer discusses the transformation of the world economy. This particular topic is interesting to me because the transformation of the world economy can be seen in many different ways depending on where you are from. He also talks about how the economic globalization during this time more closely linked the world's peoples. During this time there was an immensely significant process in which there was an acceleration of goods, capital and people. World trade went up dramatically and department stores started to stock up on goods from every part of the globe. Additionally, during this time foreign investment from the United States in China or Mexico became a common occurrence. This brought money and work for the people in these areas even though the labor was not always fair. By having big industries start to carry more products from all over the globe this then related the people of different countries to be more interlinked and knowing about other countries rather than just themselves. I thought this part of the chapter was particularly interesting because this time in history was when nations started to become more globally aware.