ANTH 111 Lecture Notes - Lecture 2: Extraversion And Introversion, Digital Anthropology, Eric Wolf
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Question 7. 1 - what is neoliberalism and what role does it play in economic globalization: markets as physical exchanges go back thousands of years, physical pla(cid:272)es e(cid:454)pa(cid:374)d to e(cid:374)ti(cid:396)e (cid:374)et(cid:449)o(cid:396)ks of t(cid:396)ade majo(cid:396) t(cid:396)a(cid:374)sfo(cid:396)(cid:373)atio(cid:374) industrial. Yet regulating the market by enacting things like laws on land use, pollution, and working (cid:272)o(cid:374)ditio(cid:374)s (cid:272)ould dest(cid:396)o(cid:455) the (cid:373)a(cid:396)ket(cid:863) If the market functions without hindrance it would destroy the very foundations of society John maynard keynes: governments must regulate their economies, spending and taxation policies; varying interest rates, spend during deficits; save during surpluses. Neoliberalism: an economic philosophy that argues for minimal government involvement in the economy and greatly accelerated economic growth. Nation state: a political community that has clearly defined territorial borders and centralized authority. Nation: a collection of people who share a common language, world view, and ancestry: nation-state is a political community with defined borders and centralized authority.
