HIS 1111 Lecture Notes - Lecture 7: Free Market, Neoliberalism, World Trade Organization
15 Mar 2016
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Document Summary
Globalization: illustration of the shrinking of the world. Building up the infrastructure of global capitalism 1989-present. Expecing fresh fruit in the middle of winter. We are the beneiciary of world agriculture. Non-western world: they are being colonized by western corporaion; its not about economics but it also has cultural dimensions. Three vectors driving post of 80s: technology: phones and maps, channels of communicaion: how to shrink the world, economic policy choices: global logisics was a golden opportunity to increase proit and. Integrated according to a concrete plan and pushed by certain interest and ideologies (free market system) Post-fordism model: recognized it will become possible to move things to korea. Limitaion wasn"t technological but it was insituional (japan to invest in korea that they needed guarantees that they can invest there and keep the proits; so they invented neo-liberal rule and inanced capital low) Just in ime assembly system: store all of the component parts on sites.
