IDSA01H3 Lecture Notes - Lecture 7: Progressive Tax, The Main Point, Free-Trade Zone
26 Oct 2017
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Document Summary
A lecture on poverty and inequality ; political perspective by judith teichman, a professor of political science in uft. The lecture focused mainly on power relations and a case study of mexico in the politics of economic and social policy making. Inequality of assets (material, cultural, social assets) for example: access to education. This could be measured by the rate of consumption. Poverty not just income but also includes services, literacy rate etc. The main point is that poverty and inequality are linked to power inequality both at international level and domestic level. 1- economic globalization that eliminates economic borders to facilitate trade and investment between countries, mncs and banks. 2- stabilization and structural adjustment 1900s on like international monetary fund (imf) and world bank that facilitate labor flexibilization. 3- world trade regime like world trade organization makes it difficult for underdeveloped countries to eliminate poverty with quality.
