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790-357 1-30-08 - Comp poli econ Workers have greater job...

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1-30-08 Comp poli econ Workers have greater job protection in Europe In Europe early 1900s: - Democratic class compromise – bargain was that workers pretty much abandon their socialist capitalism. They would accept idea that economy should be based on private property - Private capital said if you would accept private property we would accept a tax structure that allows for extensive welfare protections Globalization Trade in goods and services
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