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Challenges to Liberalism. From Marxism to Anti-Globalism. Challenges to Liberalism. Post WW II Developments: I.S.I. (Import Substitution Industrialization) Colonial Economies (core-periphery relations) The attempt to establish native industries Subsidies Import Quotas Tariffs
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Challenges to Liberalism From Marxism to Anti-Globalism
Challenges to Liberalism • Post WW II Developments: • I.S.I. (Import Substitution Industrialization) • Colonial Economies (core-periphery relations) • The attempt to establish native industries • Subsidies • Import Quotas • Tariffs • The Yalta Conference • Soviet Entrenchment in Eastern Europe • Mao’s China • The Perception of a Global Communist Strategy • The Cold War • Containment • Espionage • Deterrence
Challenges to Liberalism • The Bretton-Wood Conference: A Way to World Peace? • G.A.T.T. • The World Bank • IMF • W.T.O. • A.I.D. • The Push for “Development” • Measures of Development: • GDP • Income Distribution • Literacy Rates • Infant Mortality Rates • Women’s Rights • Quality of Life Index • Leisure Time • Displacement (Anomie) • Access to Health Care • Sanitary Facilities
Challenges to Liberalism • The Neo-Liberal Movement: • The “Washington Consensus” • The University of Chicago • Milton Freidman • Democracy vs. Capitalism (free markets vs. democratic choice) • What does the Neo-Liberal paradigm do to sovereignty? • What happens to popular democracy? • The “race to the bottom”
Challenges to Liberalism • Deng Xiaoping & The Liberalization of Communist China • Popular reaction • Mikhail Gorbachev • Glasnost • Perestroika • Communist Party reaction (the failed coup of 1991) • The Collapse of Soviet Communism • The Prospects for Globalization (TINA) • Fukuyama’s “End of History” • The Triumph of Liberalism as an Ideology • The Preeminence of Free Markets Around the World
Challenges to Liberalism • Some Looming Dangers: • Alliances with non-Democratic Regimes • The Global impact of Global Free Markets: • Environmental Impact • The Montreal Protocol • The Kyoto Accord • The “Race to the Bottom” • Western Consumerism and Values • Is the rest of the world willing to accept these? • “Coke and Condoms” • Jerry Springer • The Moral Autonomy of the Individual • Secularism • Gender Equality • Competition and the Pursuit of Prosperity