Lecture 10

Question 1

problem for world capitalism: What is world capitalism’s growth addiction?

Answer 1

Based on the belief that continuous growth is necessary for the functioning of the economy and the improvement of living standards.

World capitalism’s growth addiction refers to the persistent drive for economic growth within the capitalist system.

Question 2

problem for world capitalism: What is overcoming collective action problems against all odds?

Answer 2

The challenges associated with addressing global issues and achieving collective action in the face of various obstacles.

• individuals or groups have conflicting interests
• face coordination challenges

Question 3

What is social reproduction?

Answer 3

The necessary foundation for all economies, where human labor power is reproduced through activities such as care and nurturing work in the household.

Social reproduction refers to the process by which societies reproduce and maintain themselves over time through various interconnected social, economic, and cultural mechanisms.

Question 4

3 focus areas of global social policy?

Answer 4

• Education > The global learning crisis
• Health > The pandemic and its effects
• Social protection > Global care chains

Question 5

Why is world capitalism’s growth addiction problematic?

Answer 5

this growth often leads to ecological devastation and the externalization of costs, as capitalism tends to prioritize profit accumulation over environmental sustainability.

Question 6

How can collective action problems be overcome?

Answer 6

finding solutions and taking action despite the odds stacked against successful cooperation.

Involves navigating political, economic, and social barriers to achieve collective action