SOSC 1510 Lecture Notes - Lecture 11: The Business Council, Monetarism, Fordism
7 Sep 2018
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Changes in production to lower labour costs. Shift production to low cost areas overseas. Contract out work (domestically) to lower cost suppliers. Flexible production the ability to switch rapidly from the manufacture of one product to another. Promote free markets = free from government regulation promise greater efficiency; benefits will trickle down. Celebrate corporate elf" assumes government are wasteful/inefficient. Change from keynesian emphasizes on stimulating demand for goods and services and hereby creating jobs. To monetarist supply side" policies that try to simulate the economy by lowering taxes and restricting the money supply (protecting rich investors from inflation) Change the culture celebrate greed and selfishness. 150 ceo"s from top transnational corporations, most powerful interest group in the. The business council country, setting the agenda for canadian politics since 1976, voice of corporate globalization. Who"s involved 148 men, 2 women, 147 whites, 3 japanese.
