POLS 2100 Lecture Notes - Lecture 3: Amartya Sen, Mercantilism, Class Conflict
17 Jan 2018
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Week 3: money, markets and states (january 18, 20 q-day and 23) O"neil, political economy, chapter 4 in essentials of comparative politics. Amartya sen, freedoms and needs, new republic (january 10 and 17, 1994), pp. 31-38. Comparative experience: konrad yakabuski, canada will thank donald trump in 2042, . Globe and mail, january 6, 2017, p. b1 (on courselink). Money, markets and states: do you trust the government or do you trust the markets to protect/ advance your economic interests and well-being. Trade-offs: sign in photocopy store: choose any two, fast service, cheap service, quality service. Liberalism: politics economics, committed to individual liberty and to the market, comparative advantage brings prosperity and peace, markets should be free from state interference, contemporary examples include united states. Marxism or communism: economics politics, power comes not from the vote but from property, capitalism produces conflict not peace, only the state can distribute resources fairly, contemporary examples: cuba and north korea.
