Politics and the Economy Chapter 11 Politics and the Economy

Power, Authority, and Violence Authority is Legitimate Power Illegitimate Power is Coercion Traditional Authority Authority Based on Tradition Rational-Legal Authority Authority Based on Written Rules © 2013 Pearson Education, Inc. All rights reserved.

Power, Authority, and Violence Charismatic Authority Authority Freely and Graciously Given Threat Posed by Charismatic Leaders Transfer of Authority Orderly from One Leader to Another © 2013 Pearson Education, Inc. All rights reserved.

Types of Governments Monarchies Democracies Direct Representative Universal Citizenship Dictatorships and Oligarchies Totalitarianism © 2013 Pearson Education, Inc. All rights reserved.

U.S. Political System Political Parties and Elections Democrats, Republicans, and Third Parties Different Slices of Center Centrism and Extremes Third Parties © 2013 Pearson Education, Inc. All rights reserved.

© 2013 Pearson Education, Inc. All rights reserved.

© 2013 Pearson Education, Inc. All rights reserved.

© 2013 Pearson Education, Inc. All rights reserved.

Voting Patterns Non-Hispanic Whites Most Likely to Vote African-Americans Next Most Likely Latinos Least Likely to Vote Social Integration Alienation and Apathy Gender and Racial-Ethnic Gap in Voting © 2013 Pearson Education, Inc. All rights reserved.

Lobbyists and Special Interests Special Interest Groups are People Who: Think Alike on a Particular Issue and Mobilize for Political Action The Money Lobbyists are People Paid to Influence Legislation “Handlers” Bypass Limits © 2013 Pearson Education, Inc. All rights reserved.

Who Rules the U.S.? Functionalist Perspective: Pluralism Diffusion of Power Among Many Checks and Balances Women, men, racial–ethnic groups, farmers, factory/office workers, bankers, bosses, etc. As well as such broad categories as the rich, middle class, and poor © 2013 Pearson Education, Inc. All rights reserved.

Who Rules the U.S.? Conflict Perspective: The Power Elite Top Business, Political, and Military Leaders Ruling Class Not a Secret Group, Just Similar Backgrounds and Orientations Which View Is Right? © 2013 Pearson Education, Inc. All rights reserved.

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War and Terrorism Why do Countries go to War? Revenge Power Prestige Unity Positions © 2013 Pearson Education, Inc. All rights reserved.

War and Terrorism The Flesh and Blood of War Terrorism Ethnicity Beliefs The Flesh and Blood of War Terrorism “Violence intended to create fear in an effort to bring about political objectives.” Sources “In Perspective” 2003; Belasco 2008; Stiglitz 2008; Statistical Abstract of the United States 1993: Table 553; 2009: Table 485 © 2013 Pearson Education, Inc. All rights reserved.

The Transformation of Economic Systems Preindustrial Societies: The Birth of Inequality Industrial Societies: The Birth of the Machine Postindustrial Societies: The Birth of the Information Age © 2013 Pearson Education, Inc. All rights reserved.

The Transformation of Economic Systems Biotech Societies: The Merger of Biology and Economics Marriage of biology & economics should yield greater surpluses & more extensive trade Implications for Your Life Whenever society changes, so do our lives © 2013 Pearson Education, Inc. All rights reserved.

© 2013 Pearson Education, Inc. All rights reserved.

World Economic Systems Capitalism What State Capitalism Is Socialism What Socialism Is Socialism in Practice Democratic Socialism © 2013 Pearson Education, Inc. All rights reserved.

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World Economic Systems Ideologies of Capitalism and Socialism Capitalists and socialists paint each other in such stark colors that: Each perceives the other system as one of exploitation Criticisms of Capitalism and Socialism Convergence of Capitalism & Socialism © 2013 Pearson Education, Inc. All rights reserved.

The Globalization of Capitalism A New Global Structure and the Global Oppression of Workers Stagnant Paychecks Trends in Leisure Telecommuting The New Economic System and the Old Divisions of Wealth © 2013 Pearson Education, Inc. All rights reserved.

The Globalization of Capitalism High insecurity with layoffs, plant closings, and the prospect of more of the same Half of the entire country’s income goes to the richest fifth of Americans Only 3 percent goes to the poorest fifth The Global Superclass © 2013 Pearson Education, Inc. All rights reserved.

© 2013 Pearson Education, Inc. All rights reserved.

© 2013 Pearson Education, Inc. All rights reserved.

A New World Order? Trends Toward Unity Strains in the Global System Perhaps the key political event in our era is the globalization of capitalism Strains in the Global System As the economic and political arrangements of the present give way; Future generations will face a new world © 2013 Pearson Education, Inc. All rights reserved.

© 2013 Pearson Education, Inc. All rights reserved.

© 2013 Pearson Education, Inc. All rights reserved.