GS201 Lecture Notes - Lecture 3: Feudalism, Neoliberalism, Surplus Labour
Document Summary
Gs201 lesson 3: marxist social theory (cid:1) (cid:1) (cid:1) The world has been taken over by rich, powerful, corporate interests. 40% of american society has become surplus labour (left behind) people who essentially have no role in the economy. The poor are taxed and targeted with fines for minor misdemeanors. American society is crumbling and is on the verge of something either pretty awful or pretty hopeful depends on the nature of the response of the american people. Canada: growing inequality as well: the share of income growth between 1997-2007 going to. If the share had been equally spread across society, that top 1% would have gotten 1% - they got way more. Any time in the world"s history when you have this kind of stark inequality, the people in the bottom 40% eventually realize that they"re getting the short end of the stick and that they"re being robbed.
