GLBL ST 1 Lecture Notes - Lecture 9: Panama Papers, Neoliberalism, Structural Adjustment
Document Summary
*pg 357 (argues that neoliberal ideology places more value on stockholders than on employees) There are two different concepts: place based and connectivity based explanation. Connectivity based: based on connections/ power relations between one area and another. The rise of europe was made possible through the competitive atmosphere through. Germany, england, etc (place based because it is focused on just the region of europe) The basic contours of the world/ international space economy is uneven- very uneven geographic development ex. ) Park avenue- on one side is this poor and poverty stricken neighborhoods and on the other is the upper east side. An ideology that advocates for privatizing public assets, opening up natural resources for private firms, and increasing free trade and foreign direct investment. Argues for deregulation and privatization of publicly owned assets. The dominant ideology of anglo- saxon economies but has immense global influence.
