WMST 1000Y Lecture Notes - Lecture 8: Classical Liberalism, Neoliberalism, Industrial Revolution
13 Mar 2017
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A brief jump into economics (i"m truly sorry): adam smith and 19th century classical liberalism, freedom!, markets, boats, queens, rule of law, private property, laissez-faire economics. Neoliberalism: 1930"s, finding the middle ground between classical liberalism and state-controlled economics in the wake of the great depression, state can regulate markets, but minimally, promotion of free trade, free markets, privatization, many critiques of this regime. : downsizing, off-shore work, selling public works to private companies, reduction of daycare/health care/old age care, end of unions. Realities of poverty in a neo-liberal state: isolation racism: historical legacies, no government correct or oversight. Case study: factory work in the economic south: off-shore manufacturing, what does this allow, low cost, non-permanent workforce, unlimited labour, what does this avoid, unions, medical care, work laws, taxes. Resistance: factory workers organize, women in the economic north organize, women as economic drivers.
