Possible final exam essay question

The following question concerns “Democracy, Capitalism, and Transformation” by Immanuel Wallerstein. How does Wallerstein interpret the history of democracy? What is the relationship between capitalism and democracy? What does he see as the future of the present world system? This question is worth 12 points.

Study guide for lecture on consumption:

Know about:

American consumer society
culture of consumption
downside to consumption
William Thompson, the financial trap
Karl Marx
Jean Baudrillard
Max Weber
George Ritzer
Thorstein Veblen
Colin Campbell