SOC 885 Study Guide - Final Guide: Collective Bargaining, Cultural Globalization, Economic Globalization

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Chapter 9: globalization: the theoretical underpinning of the modern corporate agenda, it argues for the centrality of the individual, the importance of the marketplace, and a minimal role for government intervention. Welfare state: a form of capitalism in which governments played an increasing role in economic affairs, the public sector and social safety net expanded, and there was general economic prosperity for large numbers of working people. Those areas traditionally considered out of bounds for private ownership or trade because they have been accepted as collective property, existing for everyone to share. Toda(cid:455)(cid:859)s (cid:272)o(cid:373)(cid:373)o(cid:374)s i(cid:374)(cid:272)lude: public spaces, shared language and culture, informal community support systems. Tncs grew in size and dominance (based in u. s, germany and japan) Greater role of government in well-being and security of citizens: Provides services at a lower cost because of large size and its lack of a profit motive: a universal system maximizes fairness. Reasons for transferring back the government funds to the workers:

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