Global Capitalism

Question 1

expalin Neoliberalism

Answer 1

the policies an dporcesses where a handful of provate interests are permitted control as much as possible aiming to maximise profit; tend to represent immediate interests of small percentage of people
- when markets good low intervention, further self interest always

Question 2

What’s the Critic of the Global Commodity Fetish ( Marx, 1867 )

Answer 2

• we tend to focus fully on objects to which we have a desire for
• become so obssesed with teh object that we dont consider other parts of the process such as labour required to make it - dont see the other
• we need to challange the means for this to make sure we register the Other

Question 3

Positive Views on Ethical Lablelling ( Nicholls, 2010 )

Answer 3

FT laballed consumption provided £82m revenue to farmers in 2005
begins to reconfigure markets in accordance to evolving social justice as opposed to simple profit norms

Question 4

Negative veiws on Ethical Labelling ( Carrier, 2010 )

Answer 4

• pacjkacging still doesnt show the full story
• still leans into product fetishism, consumers become taken advantage of by becoming detachted from the process