POLS 242 Lecture Notes - Lecture 5: Tied Aid, Canada Pension Plan, Old Age Security
14 Apr 2016
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Income could double every ten years, without greater effort or productivity. Service today: cradle to grave supported from government through healthcare, education etc. Legitimacy: not to ask if a state is legitimate or not, but look at it as a spectrum. Canada is highly consolidation volunteer compliance. State legitimacy leads to cultural legitimacy as well. Long term trend in developed world is declining. Developing countries have a gradual trend of slowly increasing. Universal education allows for work place productivity to increase productivity, therefore we keep giving more education worldwide. Therefore the great revolution in the past may remain in the past. When the ratio reaches to 60:1 (60 employees in india va 1 canadian), not able to increase profits at past rates due to economic slow down, these company"s go to foreign places where labor is cheaper. Western citizens are living longer, therefore have to invest more into company pension plans.
