ANT100Y1 Lecture Notes - Lecture 21: Panopticon, Michel Foucault, Muhammad Yunus
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ANT100Y1 Full Course Notes
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Foreign aid (top down governmental process) - investment in large projects i. e. infrastructure. Neoliberal policies aimed at freeing/liberalizing local markets (believe they"re freeing markets from the government. Imf and the world bank: lend money to countries; demand countries institutes - market reforms - demand in return for support. Focus on financing and advice rather than direct involvement. International, dominated by the usa and other countries. Criticism: austerity measures = cruel; reforms can crush economic growth. Microfinance: muhammad yunus; lend money to poor people. Privately run but may draw on government or international (imf or world bank, etc. ) support. Criticism: high interest, coercion (violent means of collecting money), encourages competition among inefficient businesses. Women borrow money, men use it (doesn"t change any gender roles; woman = used as pawn to get money) Fair trade movement: tries to convince us to buy only products that they certify as being properly paid for; avoid of externalities.
