1. Cultural Imperialism and
Capitalism

2. Cultural Imperialism
• Cultural imperialism is the practice of
promoting the culture or language of one
nation in another. It is usually the case that
the former is a large, economically or militarily
powerful nation and the latter is a smaller, less
affluent one. Cultural imperialism can take the
form of an active, formal policy or a general
attitude.

3. Cultural Imperialism—Short History
• Empires throughout history have been established using war and physical
compulsion (military imperialism). In the long term populations have
tended to be absorbed into the dominant culture, or acquire its attributes
indirectly.
• One of the first known examples of cultural imperialism was extinction of
the Etruscan culture and language caused by the influence of the Roman
Empire.
• The Greek culture built gyms, theatres and public baths in places that its
adherents conquered (such as ancient Judea, where Greek cultural
imperialism sparked a popular revolt), with the effect that the populations
became immersed in that culture. The spread of the koine (common)
Greek language was another large factor in this immersion.
• As exploration of the Americas increased, European nations including
Great Britain, France, Belgium, the Netherlands, Spain and Portugal all
raced to claim territory in hopes of generating increased economic wealth
for themselves. In these new colonies, the European conquerors imposed
their language and culture.

4. 20th Century Cultural Imperialism
• Cultural imperialism in the twentieth century was
primarily connected with the United States and
with the Soviet Union, and to a lesser extent with
other countries that exert strong influence on
neighboring nations. Most countries outside the
US feel that the high degree of cultural export
through business and popular culture--popular
and academic books, films, music, and television-
-threatens their unique ways of life or moral
values where such cultural exports are popular.
Some countries, including France, have policies
that actively oppose Americanisation.

5. Capitalism
• Capitalism is an economic system that is based on
private ownership of the means of production and the
creation of goods or services for profit. Competitive
markets, wage labor, capital accumulation, voluntary
exchange, and personal finance are also considered
capitalistic. There are multiple variants of capitalism,
including laissez-faire, mixed economies, and state
capitalism and capitalism is considered to have applied
in a variety of historical cases, varying in time,
geography, politics, and culture. There is general
agreement that capitalism became dominant in the
Western world following the demise of feudalism

6. Feudalism—A Brief description
• Feudalism was a set of legal and military
customs in medieval Europe that flourished
between the 9th and 15th centuries, which,
broadly defined, was a system for structuring
society around relationships derived from the
holding of land in exchange for service or
labour.

7. Elements of Capitalism
• Capitalist economics developed out of the interactions of the following elements.
• A product is any good produced for exchange on a market. "Commodities" refers
to standard products, especially raw materials such as grains and metals, that are
not associated with particular producers or brands and trade on organized
exchanges.
• There are two types of products:
• capital goods and
• consumer goods.
• Capital goods (i.e., raw materials, tools, industrial machines, vehicles and factories)
are used to produce consumer goods (e.g., televisions, cars, computers, houses) to
be sold to others.
• The three inputs required for production are:
• labor,
• land (i.e., natural resources, which exist prior to human beings) and
• capital goods

8. Capitalism
• Capitalism entails the private ownership of the latter
two — natural resources and capital goods — by a class
of owners called capitalists, either individually,
collectively or through a state apparatus that operates
for a profit or serves the interests of capital owners.
• Labor includes all physical and mental human
resources, including entrepreneurial capacity and
management skills, which are needed to produce
products and services. Production is the act of making
products or services by applying labor power to the
means of production.

9. Capitalism
• Capitalism is the system of raising, conserving and spending
a set monetary value in a specified market. There are three
main markets in your basic capitalistic economy which are
labor, goods and services, and financial. Labor markets
(people) make products and get paid for work by the goods
and services market (companies, firms, or corporations,
etc.) which then sells the products back to the laborers.
However both of the first two markets pays in to and
receive benefits from the financial market, which handles
and regulates the actual money in the economic system.
This includes banks, credit-unions, stock exchanges, etc. On
a monetary stand point governments control just how
much money is in circulation worldwide which plays an
immense role on how money is spent in our own country.