POL 1102 Lecture Notes - Lecture 11: Freddie Mac, Private Bank, Occupy Movement
29 Oct 2014
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Document Summary
What is problematic about trade barriers when it comes to health, safety, and environmental issues. Corporations are powerful because they have something we want (capital = $: corporation & investors: same thing. We need to please corporations/investors: favorable investment climate , investor-friendly policies, low taxes, limited regulations, hardworking, disciplined, skilled & cheap workers. 2014-10-23: lower taxes = less revenue for governments, less money for services, education, healthcare, social services, public transit, infrastructure: roads, bridges, water distribution, etc, less government regulations or less enforcement, health, safety, environmental laws, work. Wealth: the value of something you own (separate from income, unless you sell it) Demonstrations: hundreds of demonstrations since the 2990s, turning point: wto summit in seattle 99, convergence of groups: labor, indigenous, environmental, women, human rights, etc, little impact on government policies. Massive demonstration in quebec city (2001: free trade negotiations continue, but quietly.
