HLTC43H3 Lecture 11: HLTC03 LECTURE 11.docx
Document Summary
Globalization: economic globalization of the international economy. The underlying dynamic is the internationalization of manufacturing, and increasingly of services as well. We are becoming more independent, if there is a crisis in one country it ripples around the world. So we have seen growing inequality, increasing poverty. We noticed that we have lost good paid manufacture jobs which was switched with low pay service jobs. (we have lost the auto sector jobs) It allows free flow and capital and free trade, but it has implications for the quality of life. Power and wealth of chief executives in canada: represent all sectors of the canadian economy, c . 2 trillion in assets, annual revenues of c billion. They can call the government ask for a meeting and request what they want, and they wanted free trade available. The institutions of neo-liberalism in canada, realizing corporate priorities: canadian counsel of chief executive - is one of the companies that favor less governmental intervention.
