In your opinion, what was the most important way that the global exchange system around 1400, which Eric Wolf describes, was different from the current capitalist world exchange system?

1. In your opinion, what was the most important way that the global exchange system around 1400, which Eric Wolf describes, was different from the current capitalist world exchange system?
2. What make capitalism unique as a mode of production compared to other modes of production?
3. How have Neoliberal institutions and policies contributed to reproducing and strengthening capitalist forms of labor relations? What specific national or international policies have contributed to increasing the globalization of the labor market, and how? Please describe the logic by which your examples contribute to creating a global labor pool. Describe, step by step, the logic by which they create the types of relations between worker and employer that defines capitalism.
4. Using examples from the readings and lectures, describe some of the impacts of a globalized labor market on the personal and professional lives of labors by influencing culture, self-identity, and individual aspirations.

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