Question
Throughout the quarter we've discussed how capitalism regularly fails to sustain growth, thus falling into crisis. In doing so, we've looked at the various fixes
Throughout the quarter we've discussed how capitalism regularly fails to sustain growth, thus falling into crisis. In doing so, we've looked at the various "fixes" adopted in an attempt to re-establish growth and profitability. For part one of the question, identify and briefly discuss the strategies adopted in response to the two major crises in the 20th century (the Great Depression and the 1970s crisis that culminated in stagflation. Next, making sure to demonstrate engagement with both readings and lectures, identify at least 3 specific ways the institutions overseeing global trade have codified rules that serve as such a "fix" in the neoliberal era, advancing the interests of transnational capital often at the expense of the public welfare.
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