SOSC 3241 Lecture Notes - Lecture 8: Asian Infrastructure Investment Bank, International Monetary Fund, Syriza
10 Apr 2019
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Document Summary
For francis, there is a vital distinction between human needs, limited but non-negotiable, and appetites, which are potentially unlimited. The poor, he says, have their needs denied, while the rich have their appetites indulged. The environmental crisis links these two aspects of the problem. 214 the globalization project, neoliberal economic policies have exposed citizens to greater uncertainty with increasingly volatile financial markets and precarious employment. United states lost its role as underwriter of the global economic system. Much of this chapter suggests a cumulative crisis of vision-in other words, the problem is recycled as the solution, which, in turn, deepens the actual crisis. This is evident, for example, in the recycling of austerity policy in the south and now the global north and in the "booming business of global warming," revealing the inertia of political and economic structures and mindsets.
