POLS 102 Lecture Notes - Lecture 30: Cultural Imperialism, Neocolonialism, Representative Democracy
22 Dec 2016
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Contributes to a higher us standard of living through trade for many goods . since 1972, wages in the us have increased more than inflation only in 7 of those 40 years, but our standard of living had increased. Also contributes to job losses in less competitive sectors. The loss of textile, steel, automobile jobs etc since the 1980s in the usa. Nafta had contributed to a net gain of 6 million jobs, but many are lower paying service jobs after the loss of manufacturing jobs. Apple, programming, agriculture, aerospace, hollywood, defense, higher ed. , pharmaceuticals, banks, industry. Argue that the structure of the world econ. Usually argues for state control of the economy, fair wages, and environmental protections. Emphasizes the importance of the state and security in economic interactions. Believes in a strong industrial base and that sometimes higher prices are worth having a steel industry or agricultural sector that keeps you self-sufficient.
