POL114H5 Study Guide - Final Guide: Correlation Does Not Imply Causation, Hutu, Josip Broz Tito
Document Summary
1: the decline of the us economy, the rise of state economies, rise of multinational corporations. They believe the state is the most important actor in international economic affairs. Gains experienced by 1 state are a proportionate loss to the other. Try to keep/believe it is best that business stays domestic. Believe economic activities should go on with rules in place, but without state burden. Believe states will produce mostly what it can effectively, and trade for everything else. Idea in times of economic struggle, the governments should help out. Grounded by a view that economic developments have driven political developments throughout history. Perspective based on the exploitation of the poor, lower class by the powerful upper class. State is an instrument in keeping the rich at the top. Representatives of 44 nations met at bretton woods new hampshire to construct a stable postwar international economic arrangement.
