LBST 101 Lecture Notes - Lecture 4: Capital Accumulation, Neoliberalism
8 Dec 2016
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Income is earnings from job criminal justice system. Plea deals rather go to jail than be homeless access to networks political process. Can"t afford to go to postsecondary neoliberalism. Utopian project to realize a theoretical design for the reorganization of international capitalism or as a political project to reestablish the conditions for capital accumulation and to restore the power of economic elites. The utopianism of the free market free markets = free people = better living standards. Composed of attack on institutions or policies that redistribute wealth or limit the power of economic elites. Economic (privatization, tax reform, end the social welfare state, globalization) Political (right wing parties, balanced budgets become priority, corporation emerge as political force, tina) taxes. Tax burden has shifted onto middle and lower income earners. 2014 - for the rst time, personal income tax accounted for more than 1/2 of the federal government"s revenue.
