SOSC 1510 Lecture Notes - Lecture 12: Capital Accumulation, Social Democracy, Egalitarianism

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Canada has a capitalist state its primary function is to foster capital accumulation (help businesses earn profits) Tries to underwrite some risks and assume some costs of production by providing health, education, and welfare to maintain the labour force. Workers got jobs and a safety net. Economic growth for 30 years 1945-74. Economic growth for 30 years 1980-2008. An ideology that seeks to promote egalitarianism within a capitalist system. Involves using social and economic interventions to create a fair and equal society within a capitalist state. They promote models that combine capitalism and socialism (to effect change on society) including both private and state ownership. Modern social democracy its commitment to universal provision of services such as health care, education, care services for elderly and children; they also strongly promote workers rights. White males hold the good (union) jobs. Women and racialized workers get poorer jobs. Rights and regulations divided into core or primary sector and secondary sectors.

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