INTD 200 Lecture Notes - Lecture 6: Socialist Market Economy, China Blue, Neoliberalism
Document Summary
Documentary china blue = lives of garment factory workers in southern china. Depicts the impact of globalization on the poor and the distinct relationship between liberalism and china"s economic growth. Globalization driven and operated by neoliberal economic order (strong emphasis on the free market) Globalization is also driven by transnational social forces and networks (for example: anti-neoliberalism campaigns, hellenier"s article. ) Market driven neoliberal economic reforms since the late 1980s led by dominant international nancial institutions including the imf and the world bank. Hierarchical economic order was created between developed and developing countries. An unregulated economy based on privatization and free markets favours developed countries with more capital and experience in things like trading and developing countries don"t have enough capital and experience. Coordinated transnational social campaigns against neoliberal globalization (helleiner. Opposing the particular type of globalization driven by the neoliberal economic order. The impact of anti-neoliberal social movements on international economic policy making.