LABRST 1C03 Lecture Notes - Lecture 6: Washington Consensus, Social Darwinism, Global Governance
4 Dec 2017
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Document Summary
Working in a global economy- making workers flexible. Aspects of globalization: political interconnectedness, global governance of laws transnational consensus on economic and social policies, economic interconnectedness, reorganization of production, consumption, finance and trade on a global scale, cultural and ideological interconnectedness. Spreads of global systems, values, norms, cultural practises especially through digital media. Yes: the current form of globalization has deep historical roots in earlier social and technological developments, colonialism and. Imperialism: the type, scale and intensity of global interconnection is unlike that in any previous historical period, and change, power and social relations. The post- war compromise 1945-1970 (is: a set of economic, political and social compromises between capital, labour and the state aimed at, compromise between labour and capital. Stabilizing the economy after depression and war: balancing the interests of workers and employers, promoting full employment, redistributing, wealth, and sustaining mass consumption, relegitimating capitalism.
