GEOG 1101 Lecture Notes - Lecture 6: International Monetary Fund, Neoliberalism, Social Reproduction
5 Mar 2018
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Document Summary
Capitalist markets depend upon monetary system based on the production of bank and credit money. Facilitates the exchange and comparison of goods (2) markets (where exchanges take place) (3) rms (private enterprise form producing commodities, transitional corporations) Companies with investments and activities that span international boundaries and with subsidiary companies, factories, of ces, or facilities in several countries (4) the state (regulation of private property ex. zoning laws, restrictions on private property) For example, someone may bot be able to purchase food, shelter, etc. on the market, even through they need these things in order to survive. Use value of food? you eat it: exchange value quantitative, the value established for an item on the market as a commodity. Commodity : a good produced or extracted for sale on the market. The landowning power is almost omnipotent in any country : examples of enclosure :
