POLS 3125 Lecture Notes - Lecture 27: Deindustrialization, Oligopoly, Industrial Democracy
20 Dec 2017
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Other perspectives: socialists, capitalist power: inherently illegitimate, capitalist class is not monolithic, liberals, capital as benign, fairness of rules of struggle, how concentrated at top, fair competition, removal of barriers. Development of capital in canada: colonial period. Staples capital (trade and fur monopolies: timber trade: major role in both permanent settlement and domestic capital accumulation, banks: rival merchant groups (to help finance export trade, chartered vs free banks" (us, manufacturing development: slow. Assessment of the national policy period (naylor- clement): staples vs manufacturing hypothesis: Defensive expansionism" (laxer): failure of canada as a late-follower". Rich dependency" vs autonomous political economy: massive infusion of fdi in resource and manufacturing, continued isi weakness in manufacturing and technology, continued corporate concentration, substantial inter-regional tensions, hierarchy of authority and technology, miniature replica investments. International value chain: part of isi strategy. Restructuring: capital has new organizational alternatives, declining institutional barriers and new information technologies, options other than fdi, changing international capital flows.
