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Politics and the Economy in Global Perspective

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1 Politics and the Economy in Global Perspective
Chapter 13

2 Politics, Power and Authority
Politics is the social institution through which power is acquired and exercised by some people and groups. Government is the formal organization that has the legal and political authority to regulate relationships among members of a society and between the society and those outside its borders. (sometimes referred to as the “state”

3 Power Power is the ability of persons or groups to achieve their goals despite opposition from others. Is this influenced by the media? Authority is the power that people accept as legitimate. Coercion is the exercise of power through force or the threat of force

4 Ideal Types of Authority
Traditional (long standing customs) Kings, Queens, Emperors, religious dignitaries Charismatic (personality, gain loyalty) politicians, soldiers, entertainers Napoleon Hitler MLK Rational–legal (power by law) elected officials

5 Types of Political Systems
Monarchy - A political system in which power resides in one person or family and is passed from generation to generation through lines of inheritance. Authoritarianism - A political system controlled by rulers who deny popular participation in government.

6 Types of Political Systems
Totalitarianism - A political system in which the state seeks to regulate all aspects of people's public and private lives. Democracy - A political system in which the people hold the ruling power either directly or through elected representatives.

7 Functionalist Perspectives: Pluralist Model
The functions of government: maintain law and order plan and direct society meet social needs handle international relations Pluralist model…suggests that power in government is widely dispersed throughout many interest groups (government is a arbiter). Special interest groups (promote interests) Political action committees (raise funds)

8 Conflict Perspectives: Elite Models
Power in political systems is in the hands of a small group of elites and the masses are relatively powerless. Decisions are made by the elites, who agree on the basic values and goals of society. The needs and concerns of the masses are not often given full consideration by the elite.

9 Purpose of a Political Party
Develop and articulate policy positions. Educate voters about issues and simplify the choices for them. Recruit candidates, help them win office, hold them responsible for implementing the party’s positions.

10 Voter Apathy 10% of the voting-age population participates at a level higher than voting. Over the past 40 years, less than half the voting-age population has voted in nonpresidential elections. In many other Western nations, the average turnout is 80 to 90% of all eligible voters.

11 2016 Presidential Election

12 Why Eligible Voters Don’t Vote
Conservative argument: People are satisfied with the status quo, are uninformed and lack an understanding of government processes. Liberal argument: People feel alienated from politics due to corruption and influence peddling by special interests and large corporations.

13 Government Bureaucracy
Much of the political power in the US is established through the government’s bureaucracy. Policies are made by committees and subcommittees that are made up of politicians and strong influences from the private sector.

14 The Economy

15 The Economy The social institution that ensures the maintenance of society and decision making processes through the production, distribution, and consumption of goods and services. Goods are objects that are necessary or desired. Services are activities for which people are willing to pay.

16 The Economy Land – raw materials.
Labor - the group of people who contribute their physical and intellectual services to the production process in return for wages. Capital - wealth owned or used in business by a person or corporation.

17 Characteristics of Industrial Economies
New forms of energy, mechanization, and the growth of the factory system. Increased division of labor and specialization among workers. Universal application of scientific methods to problem solving and profit making.

18 Capitalism Four distinctive features:
Private ownership of the means of production. Pursuit of personal profit. Competition. Lack of government intervention.

19 Socialism Three distinctive features:
Public ownership of the means of production. Pursuit of collective goals. Looks to benefit all Centralized decision-making. Few truly socialist systems Most use a political process (democratic socialism)

20 Mixed Economies Mixed economies combine elements of both capitalism of multiple systems. The government steps in to benefit and protect the people They encourage growth and efficiency Regulate business structures and practices

21 Large Corporations Large corporations can exert major influence and power over many. Towns and cities revolve around their employment. Governments contract out to many and hire their employees. Multi Nationals influence political processes in less developed countries.

22 Types of Unemployment Cyclical - result of lower rates of production during recessions. Flow with business cycles Seasonal - result of shifts in the demand for workers based on seasons. Structural - skills needed by employers do not match skills of unemployed. Frictional – unemployment experienced while looking for a job.

23 Outsourcing and Globalization
What effects may our society experience as a result of globalization? Conservative Argument…Free Market Liberal Argument… Government Policies


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