LABR 1F99 Lecture Notes - Lecture 13: Proletarianization, Informal Sector, Walmart Canada
Document Summary
Since 1970s, government policies have given corporations from global north the freedom to move around the world seeking cheaper labour and more lax environmental- regulations. Capitalism spreads to former communist countries in global south, particularly china. Many indebted countries in global south forced to open their markets to investment and goods from global north. Continuations of policies which global north exploits labour and resources of global. Free movement of capital ( free trade") but not free movement of labour: proletarianization. Since 1980s countries in global south flooded with cheap agricultural imports from global north. Fewer and larger companies dominate agriculture production (ex/ nestle, Monosanto, cargill) unfair trade policies has led to massive dispossession of small-scale farmers, indigenous people and peasants from their land from subsistence farming and farming for local markets subsistence farming: farming for your own families survival. To selling capacity to work in return for a wage (ex/factories, corporate farms)