POL S101 Lecture Notes - John Kenneth Galbraith, International Political Economy, John Maynard Keynes
Document Summary
John maynard keynes (1883 1946: argued that individuals do not always make rational choices, so the. Market is not always infallible, and the state needs to be able to step in to make adjustments. John kenneth galbraith (1908 2006: the notion that [the market] is intrinsically and universally benign is an error of libertarians and unduly orthodox conservatives (1984) Marxism and critical ipe: emphasizes class struggle, exploitation and imperialism, commodification of labor in international markets, also sensitive to issues of gender and race, many critical approaches are not yet in the mainstream of ipe. Globalization, labor markets, and gender: exploitation of labor at the heart of the global economy, many sources of cheap labor are also highly gendered, the trafficking of illegal workers has itself becoming a big industry in. Europe, asia, the middle east and north america: trafficking of women from poorer countries who are promised good jobs, but then forced into prostitution or sexual slavery.