LABRST 2G03 Lecture Notes - Lecture 3: Mont Pelerin Society, David Rockefeller, Friedrich Hayek
23 Jan 2017
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Document Summary
Review of cooper: the bankers boast, social democratic lament, and the dance of. Banker boast: globalization is inevitable, esp. with fall of ussr, investment go where ever it wants, deregulate capital, seeking more competitive global market: good for growth/all of us. Sd: accepts globalization economy, liberal trade but it argues it is bad for humans, revive social welfare state (without it, it has wild west state and huge inequalities) and need to have redistribute mechanisms. Dance of the f&f: post modern conception, interconnectivity leads to dynamic culture and society: argues that it is not about homogenization but it is open to other cultures and movement of people and their society. Globalization is used in so many ways that its actual use is unclear, definitions vary by discipline. Conceptions are totalizing and the death of the nation-state is exaggerated the state plays a significant role. Environmental protections also are a cost to employers: globalization allows companies to make more money.
