POL 2103 Lecture Notes - Lecture 18: Primitive Communism, Anti-Globalization Movement, International Inequality
Document Summary
Especially accounts of ipe, 3rd world, global inequality, n-s relations image damaged badly by the end of cold war. Cold war brought the depletion of marxism. Since late 1990s (some resurgence) *major economic issues. Beginning of anti-globalization movement: (common in an city that hosted major economic institutions) seattle protests, corporate scandals, east asian financial crisis, currency crisis, global financial crisis. East asian financial crisis 1997: currency crisis. > worries about the strength of economies and their currencies. > this worry was said to be spread by globalization. Serious questioning of capitalism and it"s system: constant booms and busts. Capitalists international activities could change social organization of production on a world scale. Marx sees capitalism of both good and bad: massive suffering, but potential for progressive change. It is efficient and has incredible production power. But can also cause oppression and suffering.