CMN2168 Lecture Notes - Lecture 6: Biopolitics, North American Free Trade Agreement, Neoliberalism
15 Apr 2015
School
Department
Course
Professor
Document Summary
Fordism: intensification and rationalization of labor and its mechanization based on mass production and the assembly line: the standardization of the product (no more hand made, the use of special purpose tools and equipment designed to make assembly lines possible; tools are designed to permit workers with low skill levels to operate assembly lines , workers are paid higher living wages, so they can afford to purchase the products they make. Believing that unregulated markets are the best way to increase economic growth, which will benefit everyone: cutting public expenditures for social services: ie education, healthcare, maintenance of roads, , bridges, deregulation: reduce governmental regulation of everything that could diminish profits, privatization: selling state owned enterprises, goods, services to private investors, ex. banks, hospitals, railroads (concentrates the wealth making the public pay more for its needs, eliminating the concept of community: the individual individual.
