INDG 265 Lecture Notes - Lecture 12: La Ronge, Saskenergy, Sasktel
Document Summary
All society is always undergoing modernization with different experiences at various levels. **f/u** newhouse suggests aboriginal peoples took capitalism (individualist, pro t oriented) and adapted it to their own cultural views and ways (which are collective oriented). Long term framework agreements between lac la ronge indian band and camaco favours local northern business. Laundry, catering, and other services to the mining company has been set up by these bands for economic development. When bands get into these bigger agreements with industries, they accommodate their local community entrepreneurs. There is also usually a clause that refers to a training and development program for employment purposes. In the current political economy, no matter where you are in the world, modernization is a way of life. The internet, communication systems, etc. has made the market global. Even if a business is operating in a small community, they still pay extra costs if the economy falls (ex: oil prices fall/rise).
