Political Science 2211E Lecture Notes - Neoliberalism, Market Failure, Political Spectrum
20 Mar 2014
School
Department
Course
Professor
Document Summary
The politics of economic policy and the structure of the canadian economy. Today"s topics: the relationship between ideas and interests, the political spectrum in canada and the u. s. E. g. consumers should have the right to buy cigarettes and drink big sodas. A lot more faith in free markets that benefit social outcomes. Supply and demand; market will automatically solve these problems no need for government intervention. Too few people control economy lead to problems concerning individual freedom. In immigration issue: neoliberals would favour immigration because they advocate for freedom of movement and movement of labour. Keynesian welfare: less likely to favour immigration because if more people immigrate to u. s. , they would take over jobs from union workers. E. g. urban planning: neoliberals advocate for freedom of building buildings anywhere. Vs. interventionist keynesian welfare: more planning, more interventions by government; restricted to building it in this specific area. E. g. did we deregulate financial market too much.
