GEOG 122 Lecture Notes - Lecture 27: Schuman Declaration, Military Alliance, Berlin Wall
Document Summary
Lecture 27: europe after the second world war. European crises: the europeans debt crisis. In 1989 a wall that separated western and eastern europe came down. Fall of communism represented the victory of the market. The historical destiny of the market occurred (from now on and forever more, there will be one system capitalism) While the market has been around for a long time, it has only gone global since around 1980. Our route to salvation, leading us to the best thing . Karl marx thought it was a bad thing that would lead us to the worst life. For the market to be sustained it must be embedded in social and cultural institutions. If it becomes dis- embedded it is not sustainable, producing crisis. The eu represents the embedded market but they are facing a dis-embedding. Ww2 39-45 produced: massive loss of life, destroyed industrial capacity.
