POL 2104 Lecture Notes - Lecture 8: Northern Ontario

• School: University of Ottawa
• Department: Political Science
• Course: POL 2104
• Professor: Joseph Roman

Document Summary

Persistent features of capitalism: the growth imperative. New ways of producing are always found. Explosion of digital media -- online newspapers, movies, etc. Without growth capitalism is in trouble: geographical expansion. Development of new infrastructures, in order to improve/better facilitate production. People forget that toronto is the mining headquarters of the world. Effects not only places in northern ontario but the face of development and what kind of development will occur in hondorez/ west africa: tendency to abstract reprocracies. Hides an important role-- reason why firms open up. Markets don"t all work the same way, there are some underpinnings. Early events in the long run effect options. Recognizes that state actions have effects in the economy. 3 reasons why institutions are stable: actors preferences are served, benefits have to out way the costs. State is typified as a neutral arbiter. Modes of coordination are achieved through hierarchies and markets. Shareholder capitalism, if you look at how financing works;