SACR 2270 Lecture Notes - Lecture 3: 1997 Asian Financial Crisis, Risk Dominance, Shock Tactics

• School: University of Windsor
• Department: Sociology, Anthropology and Criminology
• Course: SACR 2270
• Professor: Sonia

Document Summary

Collapse of soviet union and the second world in the 1990s. Neoliberalism is at the heart of globalization. Neoconservatism related to the idea of neoliberalism as moral . Harvey sees this authoritarian and dangerous with explicit dangerous with explicit political intent. Decline of washington consensus with asian financial crisis of 1997. The financial crisis and the role of the american government. Is the development of an organic elf alliance of workers, racial, ethnic, and gender minorities that resist neoliberal globalization. Collectivism, state planning, and intervention opposed, as discourage risk. Free markets are vital for long term advantage for al. Commitment to limited government, with low tax, minimal welfare, privatization, and freedom of movement for capital. Belief or claim that benefits which will trickle down to all. The politics context of democracy vs authoritarianism. Some theorists present alternative perspectives and possibilities.