In the 1960s the ccf is changed to the ndp explicit

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in the 1960s the CCF is changed to the NDP explicit recognition that socialist principle of the recognizing manifesto had to be changed to include a grated accommodation with the principles of private-sector capitalism it is important to known that capitalism is an ongoing historical construct in which how different classes and how social relation (such as gender, racism) are defined shift s in response to different needs to sustain capitalist accumulation. (C—M-the link of capitalist process) 17
Lecture 4 Four pillars 1.Private Ownership 2.keynesianism is middle between capitalism and conservative of lassie fair -- aggregate demand management to ensure stability at full- employment level 18
3. welfare state 4. labor right collective bargaining for male dominated parties (NOTE) After 1945, in the advanced capitalist economy --A postwar growth boom which was based on the various ways through 1. Keynesian simulation of Aggregate demand, welfare state entitlement such as socialist assistance and 2. unemployment insurance that boosted A.D. in lower income group, and 3.the raising wages negotiated through new collective bargaining regime in male dominated area of employment boom in income, employment +productivity growth across the advanced economies 1945-1975 period refer to the Golden Age profitability increased sharing of productivity gains Productivity ga in s: labor Productivity usually measured by GDP gross domestic product per hour worked capital Productivity usually measured by GDP gross domestic product per unity of capital Fordis m method of mass production Taylorism strict division +management of each work done by labors 19
McMichael development Protect so far our focus has been on the development of the advanced economies. --> our focus now shifts to the boarder discussion of economies in the third world Focus: Economies after 1945 Post-colonial state Colonialism: (page 27) is defined and explained in the “what is colonialism” box, racism ideology of “improvement” and “progress” in which the European countries saw themselves as bring their “advanced” civilization to “backward” societies Period of imperialism which extended throughout the 19 th century into the 20 th century A division of colonial empires between different European countries Famous quote “the sun never set” on the British emprise, Even when sun set in other part of the world the sun never set in British powerful “the war in the crown” Indian is seemed as an very important part of British emprise particularly on struction of colonialism+imperialism (pages 31.) figure2.2 20
Colonial international division of labor –that was constructed in this imperial power Way that thing are organized in imperial manufactured goods were produced in the imperial center and raw materials or primary products are produced in the colonies Capital accumulation , for example in Britain was promoted through a colonial division of labor in which India was systematically restructured so that Indian raw cotton was sent to British manufactures.

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