POL SCI 51A Lecture Notes - Lecture 18: Decolonization, Clientelism, International Financial Institutions
25 Mar 2016
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Document Summary
Bearing witness to really understand the realiies you must see them with your own eyes: not only poor countries, but also very poor people within countries. Couning inequality depending on how you count inequality shapes how you see or not see inequality (percentage vs. actual number: poverty threshold changes from a day to a day; much more people are. Poor : eradicaing poverty is a quesion of redistribuion. The work & welfare state its purpose is to redistribute income. Local soluion looking at inequality beyond the state: global inequality. Keynesian compromise and embedded liberalism: mercanilism is not good because it might lead to economic recession, as a result there"s the keynesian compromise, free system, which allowed for come government intervenion at peaks and low points. Globalizaion the end of the breton woods conference: us was the biggest economy in the world and during the 60"s they acted as they bank of the world.
