SY103 Lecture Notes - Lecture 12: International Monetary Fund, Ulrich Beck, Risk Society
Document Summary
Ulrich beck (1944-2015: work falls under perspective of conflict theory. 3 historical periods of risk in western societies. Risk assessments - find ways to take different actions, calculated decisions to weight out bad ones. 3rd - risk society (1950s-presnet) we live in this. Risk society: a society that must confront uninsurable risks from unintended social and environmental consequences caused by industrialism. 2 major events: nazi extermination camps (1939-45) )ndustrial society"s created dangers like toxic chemicals that pollute, food chains. Post-ww)): 44 victorious (cid:498)allied nations(cid:499) sought to establish political and economic economic nationalism as well as develop and modernize (cid:498)under developed(cid:499) 1st wave of riske: the green revolution (1940s to 1980s: countries that are undeveloped gave rise to competition and rise to wars global institutions that would prevent global wars (end economic depression and countries). Underdevelopment theory: european colonizers flourished by exploiting and undermining the economic development of countries in the global south.
