POSC 476 Lecture Notes - Lecture 3: Mixed Economy, Developmentalism, Labor Rights
12 Sep 2018
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Document Summary
Migration is another factor that aids globalisation: finance- high mobility, new markets: new world (us, latin america, norman angell- the grand illusion 1910, world war 1 (1914-1918)- failed efforts to establish new global system based on international law. Criticism a lot of soldiers did not even know what they were fighting for. Collapse of empires: russian revolution lead to first socialist system. Black thursday (october 24th), world economy collapse: consequences: europe- germany 1933, nazi party seizes power, aggressive foreign policy, autarkic economic policies. Developing world purses autarkic developmentalism and fascism: consequence us: emergence of mixed economy, government backed by coalition of workers and farmers- reliance on southern whites. Government told families to stop sending so much money on agriculture.
