Managed Vs Neoliberal Globalization Eras Comparisson Paper Compare the managed (1945-1970s) and neoliberal (1980-today) globalization eras in terms of their effects on the world of labor.
-First, lay out some of the distinctive elements of work under capitalism itself – something common to both eras.
o How is work organized under capitalism compared to pre-modern eras? Describe how wage labor works and why class conflict is a constant issue.
-What kind of distributional policy was the norm in each era?
o Give some details on the “policy bundle” that became the norm in each era. What role did states play in each era – did they support one side or the other in the conflict between capital and labor?
-Compare the state of between-country inequality in each era.
o Did it increase or decrease? Relate this to capital-labor relations in each era – did changes in between-country inequality have anything to do with the global “arms race” between capital and labor?
-Compare the state of within-country inequality in each era.
o Did it increase or decrease, and where? Relate this to capital-labor relations in each era – did changes in within-country inequality have anything to do with the “style” of globalization in each era? Did they have anything to do with the balance of power between capital and labor in various “battlefields” as described by Sackrey, Scheider, and Knoedler?
-We also studied an additional “layer” of history: the global “arms race” between capital and labor.
o Briefly describe how this process works. Explain why and how capital uses the “spatial fix.” Given what we know about the policy bundles of the managed and neoliberal era, which era makes it easier for capital to use the spatial fix to escape conflict? Why?
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