SOCI 1010 Lecture Notes - Lecture 8: Bretton Woods System, United States Dollar, Post-Fordism
30 Mar 2016
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Document Summary
Coming out of ww2, there was a post war compromise between big business, big labour and big government. In the world of work and labour legislation. Fordism will prevail - fordist work practices (business will not resist the attempt of workers to create unions and engage in collective bargaining) Involve in improvements of wages, workers etc Gov influences mass consumption - order of the day. Unpresented rates of homeownership for working class canadians. Notion that there will be social wage. Workers are not only dependent on employers. Idea of citizen should not fall lower than a certain point. Societies responsibility to provide safety net, to prevent repeat of history of 1930s. Representatives of alied countries blueprint of what the world will look like after ww2. Came up with this agreement, with 4 major institutions developed as the result of this agreement. Short term loans for countries to deal with temporary disbalance in capital. Where you turn for short term relief.
