GEOG 2UI3 Lecture Notes - Lecture 3: Classical Liberalism, Service Economy, Neoliberalism

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Geog 2ui3 lecture 3 conceptualizing urbanization part ii. Transition from pre-industrial (mercantile) to early industrial economy. Classic free-market conditions large number of small firms competing with one another to build up in market share and succeed in this highly competitive environment. Politically: classical liberalism industrial growth, little state regulation, highly competitive: managed capitalism. Early c. 20th: fordism = mass production & consumption. Increasing reliance on machinery & increasing mass consumption and production. Government is taking care of people and making more regulations. Transnational corporations operate at a scale beyond that of national governments and labour unions. Politically: neo-liberalism new liberalism return to older or reinvention of liberal ideas of less government less regulation and more emphasis on market. Federal gov"t played stronger role in urban system. Extent to which canadian population is sustained by immigration. Without immigration we would not be growing as much as a population. Neo-liberal greater dependence on market forces.

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