History 1807 Lecture Notes - Lecture 16: Naomi Klein, Financialization, Thatcherism
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Renaissance: more time so renaissance people start to think. Joint stock companies such as: dutch east india company, british east india company. If we create an interdependent economy system, it will force everyone to be nice to each other. If our economies all rely on each other, no one will invade each other anymore because we will all suffer. John stuart mill- greatest good for the greatest number, left to our own devices to. Not expecting this question because historians tend to be extremely conservative- do not like making conjectures without substantive evidence. Trying to keep in mind the historical context. Established the modern economy that come into the ideals of capitalism. Since the emergence of capitalism, it has been fraught with major ideological questions. Limited liability: history from joint stock companies to now, corporate structure has changed throughout the 19th and 20th centuries and led to the current economic climate. If it costs more money to make environmental changes.