SOC 105 Lecture Notes - Lecture 4: Multinational Corporation, Neoliberalism, Economic Globalization
9 May 2015
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Document Summary
State = class-based institute favoring those with economic power. There has been a rise in government social support in canada following wwii and capital ensures the continuity of class relations. Private ownership is central in capitalist society but a lot of other areas are in the public domain. The commons or the out of bounds for private ownership or trade because they have been accepted as collective property. This term was used in feudal europe to describe public grazing lands shared by all until the feudal aristocracy enclosed to secure profits. As capitalism advanced, some components of the commons transferred to private ownership indigenous lands were stolen. The privatization and commodification of the commons became a major component of government policies, many large corporates were sold to private companies at low prices. Commons was expanding and government took more interest in their citizens. Improved living and economic stability in the latter half of the twentieth century.
