LABRST 2G03 Lecture Notes - Corporatism, International Labour Organization, Karl Polanyi

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The new great transformation: post wwii new model capitalism. No society can function on purely market based regulations. Used tradition and custom to allocate resources, not the market. A purely self regulating market could not exist for a length of time without destroying society. Man needs to take measures to protect himself from self regulating market. Self regulating market plays a greater role in society. Self regulating market needs a countermovement by man to protect himself. From 1870s to 1940s, labour and social policies seens as labour voluntarism. By 1872, it was no longer illegal to unionize. Although no longer illegal, your boss might not recognize or negotiate, it was volonturisticnot forced; depended on whether boss agreed. Terms of your employment contract volunturistic and up to the market. Did not have pensions, medical care, minimum wages. Resulted in kids working in mines for pennies. So workers went on strike ie winnipeg 1919.

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