SOC 104 Lecture Notes - Lecture 17: Neoliberalism, Business Cycle, Late Capitalism
Document Summary
Do nation states primarily serve their citizens interests or corporate interests: the consequences: The increase in international economic interdependence of nation states. The us as the global superpower state. The commons and keynesianism: the commons: the public domain natural and developed/cultural resources accessible to all, despite living in a capitalist society, there are still many areas if life that have remained in the public domain. These areas have traditionally been considered out of bounds for private ownership or trade because they have been accepted as collective property, existing for everyone to share. These elements are sometimes referred to as the commons. Natural : air, oceans, genetic matter of living things, some lands (eg. parks) Neoliberalism (thatcherism/reaganism: is a set of political philosophy, and ideology, and a set or policies. Liberty as freedom from state influence: naturalizes this unbridling of capitalism, namely, replacing keynesian style policy, paradoxically, neoliberal policy requires state influence (legal freedoms, replacement with free-market doctrines and practices.
