HIST 12B Lecture 7: Prof. Kelley, Inequality: History of Neoliberalism, April 25
Document Summary
Boosting consumption or private investment through tax cuts. Third world shockwaves: life, death, and debt in the global south. Prashad- it explains how the conditions came to be the way they are. He"s telling the story of how people tried to stop this outcome of free trade policies. Part of the argument that he makes is that in order to understand what happened in jamaica, south asia, etc. , we have to go back to the post wwii period. It"s too easy to say this is the result of colonialism. It"s true, but there"s so much more to it. Rising independent nations that entered the un in the later 1900"s, became poorer, more indebted, and lost control to these other nations. Some of these nations that became this poor in the 80"s and 90"s, were not so poor in the 60"s. They became poor as a result of certain arrangements.
