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SOC1101 (756)
Lecture 12

Lecture 12 - Neo-Liberalism.docx

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Department
Sociology
Course
SOC1101
Professor
Willow Scobie
Semester
Fall

Description
Lecture 12 Neo-Liberalism Thursday, October 31, 2013 - Free-market forces are achieved by minimizing the impact of government regulations on businesses - View that enables economics growth - The idea that global free-trade will enable all countries to prosper o Justifies the ideology of Neoliberalism - Leads to challenges to minimum wage and other labour laws, as well as environmental restrictions o As it gains strength in terms of policies and practice, it has a negative impact on labour laws and environmental laws  Labour laws: overtime, age restrictions, etc. Characteristics of Neoliberalism - Free-trade - Privatization - Deregulations o Withdrawing / reducing legislation that so called interferes with the free market - Decline in the “social wage” o Covers all soc
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