Final Exam
1. The Movie 13th discusses the Prison Industrial Complex. Using this movie and any other class material/discussions, describe the ways in which capitalism, politics, and the American legal framework have worked together to institutionalize racism in our criminal justice and prison systems.
The movie 13th is an especially helpful source to answer how capitalism, politics, and the American legal framework have worked together to institutionalize racism in our criminal justice and prison systems. The movie focuses on the loophole in the Thirteenth Amendment that allows for individuals to be placed into slavery or involuntary servitude as a punishment for any crimes that they are convicted of and argues that this loophole has allowed …show more content…
While common knowledge would agree that no developed democratic country could exist without, capitalism can exist without democracy, capitalism can exist without democracy, as evidenced with the capitalist dictatorships of National Socialist Germany and the People’s Republic of China. Capitalism as it is currently practiced contributed to large amounts of inequality and the silencing of political participation of those who cannot afford to financially balance the political scales. While competition and political decisions are essential to both; capitalism that is “socially embedded” is most likely to achieve sustainable growth which further strengthens the institutions of …show more content…
The International Monetary Fund forces conditionality on states that are in the unfortunate position to need IMF loans. Discuss these conditions and the problems that arise from implementing them. Use real world examples from the readings or discussion to highlight the problems.
Conditionality refers to the terms of loans the International Monetary Fund (IMF) imposed on countries that then allowed the IMF to turn the loans into policy tools. While the IMF claims it never dictates but negotiates the terms of any loan agreements, it holds all the power in the negotiations because many countries that seek financial assistance from the IMF are desperately in need of money. The overall goal of the macroeconomic and structural policies imposed by the IMF are to restore or maintain balance of payments and macroeconomic stability while setting the stage for continued growth in low-income countries to reduce poverty. These conditionality policies resulted in beggar thyself policies because countries could not afford to import products and could only afford to export, this resulted in further economics deficits, which were in stark contrast to the economic goals of the
1. The Movie 13th discusses the Prison Industrial Complex. Using this movie and any other class material/discussions, describe the ways in which capitalism, politics, and the American legal framework have worked together to institutionalize racism in our criminal justice and prison systems.
The movie 13th is an especially helpful source to answer how capitalism, politics, and the American legal framework have worked together to institutionalize racism in our criminal justice and prison systems. The movie focuses on the loophole in the Thirteenth Amendment that allows for individuals to be placed into slavery or involuntary servitude as a punishment for any crimes that they are convicted of and argues that this loophole has allowed …show more content…
While common knowledge would agree that no developed democratic country could exist without, capitalism can exist without democracy, capitalism can exist without democracy, as evidenced with the capitalist dictatorships of National Socialist Germany and the People’s Republic of China. Capitalism as it is currently practiced contributed to large amounts of inequality and the silencing of political participation of those who cannot afford to financially balance the political scales. While competition and political decisions are essential to both; capitalism that is “socially embedded” is most likely to achieve sustainable growth which further strengthens the institutions of …show more content…
The International Monetary Fund forces conditionality on states that are in the unfortunate position to need IMF loans. Discuss these conditions and the problems that arise from implementing them. Use real world examples from the readings or discussion to highlight the problems.
Conditionality refers to the terms of loans the International Monetary Fund (IMF) imposed on countries that then allowed the IMF to turn the loans into policy tools. While the IMF claims it never dictates but negotiates the terms of any loan agreements, it holds all the power in the negotiations because many countries that seek financial assistance from the IMF are desperately in need of money. The overall goal of the macroeconomic and structural policies imposed by the IMF are to restore or maintain balance of payments and macroeconomic stability while setting the stage for continued growth in low-income countries to reduce poverty. These conditionality policies resulted in beggar thyself policies because countries could not afford to import products and could only afford to export, this resulted in further economics deficits, which were in stark contrast to the economic goals of the