SOAN 2040 Lecture Notes - Lecture 1: Marilyn Waring, Caribbean Community, Free Trade Area Of The Americas
Document Summary
Yates lays out some of the problems with classical economic theory and states the goals of his book: To provide readers with a good understanding of the capitalist system and the position of workers in it. To encourage people to take action/ to change the world. Society is divided into a landowning class and a landless class. Violence by propertied class or newly formed governments in service of the landowners. Means of production (non human, land machines, factories etc) Human labour power for sale (proletariat or working class) Organized and controlled by owners and driven by profit motive. Interconnected set of processes that exhibit the following tendencies: Globalization refers to an interconnected set of processes. Spread of liberal democracy versus increases in human rights violations. Increase in wealth/income versus exploitation of world"s poor, uneven benefits. Increase in standard of living versus decline in standard of living. Peace in the global village versus the erosion of cultural diversity.