Political Science 2211E Lecture Notes - Lecture 5: Abortion-Rights Movements, National Energy Program, National Post
24 Oct 2017
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Document Summary
The politics of economic policy and the structure of the canadian economy. Less government: lower taxes, less social spending, fewer regulations, weaker unions, free trade. Free markets best: more efficiently allocated resources, stimulate innovation, self-correct problems, decentralize economic and political power. More government intervention: higher taxes, more social spending, more regulations, stronger unions, managed trade, trudeau governments strategy. Do believe market economy basically works but also produce a number of failures that need intervention. Individuals fault: financial crisis, country"s fault, solution is less government interaction. Keynesian welfare: system not individual are root causes, market failures and inequality, homelessness, systemic causes, financial crisis, financial system, solution is government intervention. Robert cox: all theory is for someone and for some purpose, theories often rationalize interests of specific groups. Neoliberal: firms more supportive of the free market, wealthier individual. Keynesian welfare: unions, social activists, environmentalists.
