Examine the core characteristics of global capitalism by studying how capitalism became a global phenomenon. Draw upon insights from history, sociology, politics and economics to better understand and explain the process of global capitalism. An introduction to different economic theoretical perspectives will provide an overview of the underlying issues and competing ideologies that shapeglobal capitalism. Consider the extent to which Marx accurately understood the causal variables triggering global financial crisis of 2008. Are these crises endemic to the system, and, if so, what are the implications for mature capitalism?
ROBERT FARKASCH, MSc, PhD, received his doctorate in political science from York University and master's degree from the Norman Paterson School for International Affairs. He teaches courses in international political economy, international relations and understanding terrorism at the University of British Columbia.