WGS273H1 Lecture Notes - Lecture 6: Maria Mies, Wage Labour, Capital Accumulation

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Veronika bennholdt-thomsen and maria mies, globalisation and subsistence, (read esp. pp. Professor weizenbaum said the biggest problem of our time was no longer the threat of atomic annihilation but the population explosion. The "black holes" of the globalised economy most black holes are due to the globalization of economy-this can be seen mostly in germany, What is "globalisation of the economy"? globalization is as old as capitalism, the modern word refers it to globalisation" neoliberal economic policy aims at abolishing protectionist rules, tariffs and regulations by means of which the free ow of goods. This policy has resulted in the integration of most national economies into one global market. Three phenomena made this rapid change possible: the long-term political strategy of those who wanted to replace post-1945 keynesian economics by neoliberalism; Iii. the breakdown of socialism in eastern europe computer technology : second promoter of globalization, can be transferred from one continent to another at the speed of light.

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