MGCR 360 Lecture Notes - Lecture 12: Student Debt, Demutualization, Libor Scandal
14 Apr 2020
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Isolation - feeling like an anomaly (by comparing yourself to others online) Structure of school day/evenings technology: too much screen time. Snapchat depression: fomo (feeling like other people"s lives are better than yours) Provide education and health: religious orders ran educational institutions, hospitals (no. Individuals were expected to look after themselves (salvation army, etc. if in trouble) Social problems are expected to be resolved by the government. Rise in individualism (especially with the development of technology) technology advances individualism. To provide education and health in the past: religious orders they ran educational institutions, hospitals there were no ministries of education in quebec back then. Until the 1930s, the government didn"t provide currency. Ny stock exchange was a co-op of stock brokers until it demutualized in 2006. Negatively impacted their brand image and reputation: consumers perceived them as dishonest, not being socially responsible.
