LABR 1F99 Lecture Notes - Lecture 5: Market Segmentation, Labour Power, Social Reproduction

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Slavery: indigenous people and africans for 200 years. Settlers-colonialism indigenous peoples viewed as hindrance to exploitation of land, water and other natural resources staples economy (fur, fish, lumber, wheat, oil etc. ) Through dispossession (taking of indigenous lands and resources) Done in the name of civilizing indigenous people racism. Capitalism: freedom, equality of opportunity, efficiency, innovation and economic growth and betterment of living standards. Capitalism: structural inequality"s, exploitation, oppression, destruction of environment, betterment of living standards of some at the expense of others. Varieties of capitalism through workers" and other struggles and government intervention (welfare state), capitalist societies can be made more human, more equal, less destructive of the environment. Sweden (most equal capitalistic economy) vs. usa (not equal) Next week: unpaid work and social reproduction. Not about work but how work is organized. When we have control over work (craft, hobby) it is labour how it is organized.

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