CRM 3305 Lecture Notes - Lecture 13: Nikolas Rose, Consumer Debt, Occupy Movement
16 Mar 2017
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G summit in toronto protest was for economic equality as well. Factors that give rise to military police (so violent police): In addition to individual greed, corruption and incompetency, lack of demand meaning lack of demand in the market for consumerism. Consumers were unable to contribute to the market and spend and those that did spend ended up in debt (resulted from stagnant wages meaning (cid:374)o o(cid:374)e (cid:449)as getti(cid:374)g raises). Those at the top, they"re (cid:449)ages got i(cid:374)(cid:272)reased 275% (cid:271)ut those lo(cid:449)er class got only an 18% increase. There is a wide gap and deepening inequality. Think nikolas rose, in order to be civil you have to be consuming on your credit card. Policy of austerity: lowering of tax rate on top earners and corporations and a deep reduction in a wide range of social services provided by the state to eliminate state deficit.
