POLS 1090 Lecture Notes - Lecture 6: Neoliberalism, Post-War Consensus, Fordism
20 Nov 2016
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Stagflation: when both unemployment and inflation are high. Economic nationalism (pg 51 to like 55 important) make sure to look over he talked about but no notes on board. National balanced growth individual and corporate taxes, export taxes to fianc other government stuff. Need notes for this part missed it. Read everything for test look over notes and take notes. Development project: gained legitimacy by creating coalitions of political support, which supported its nationally based development goals. Particular political economic elites were able to use their control over politically economic institutions to channel tax revenue development aid for their own purposes particular forms of inequality. The development project was limited in terms of the extent to which it led to widespread development. In a fundamental sense development was limited to a core group of countries. The six nics (newly industrializing countries) accounted for the bulk of growth and this led to internal differentiation within the third word.
