Classical conservatism reacted against classical liberalism's support for change. Progressivism in the early 20th century sought to secure equal rights for men and women, conserve human resources through workers' rights and prohibiting child labor, and establish a national health service. This paved the way for the creation of the modern welfare state in response to the economic crisis of the Great Depression. John Maynard Keynes advocated "demand side economics" where governments spend more money during recessions and less during booms to balance the economy, which influenced Franklin Roosevelt's "New Deal" programs in the United States.
Chapter 10Political EconomyChapter Objectives1. Describe the r.docxketurahhazelhurst
Chapter 10
Political EconomyChapter Objectives
1. Describe the relationship between governments and the economy.
2. Describe different types of economic systems, including capitalism, socialism, and command economies.
3. Examine measures of economic performance.
4. Identify the fields of comparative and international political economy, including their major areas of research.
The presidential election of 1992 was an interesting one. Not only did the incumbent president, George H. W. Bush, have a stunningly high approval rating coming out of the Gulf War but the election also featured a third-party candidate, Ross Perot, who received the highest percentage of votes ever in American history for a third party. The Democratic challenger, Bill Clinton, was also an anomaly. A Democrat from the solid Republican South, he had also been accused of sexual harassment. Despite what would seem an easy reelection for then president Bush, James Carville, one of Clinton’s campaign advisers, summed up Clinton’s message for the voters quite succinctly: “It’s the economy, stupid.” With America in a recession and Bush having gone back on his pledge of “no new taxes,” Clinton’s economic message resonated with the American people, and Clinton handily won the Electoral College that November. Political science research has consistently shown that economic concerns are a primary issue for voters—especially voters who ask themselves “Am I better off now than I was four years ago?” when deciding how to cast their vote for president. Thus, politicians are rightly concerned with a country’s economy and challenged about how to respond to economic pressures.
This chapter explores the very crucial relationship between government and economy, the study of which is termed political economy. Although certainly not an absolute rule, a government cannot long be successful if its citizens suffer economic hardships and poor quality of life. Although there have been exceptions to this like North Korea, those states usually succeed because of their authoritarian nature. We will start first with a discussion of the connection between politics and economy and then move to discuss different types of economic systems, including capitalism and socialism. Although we discuss these ideal-type models, the reality is that there is no country in the world that is completely capitalist or completely socialist; rather, types of economies fall on a wide spectrum, having to do with how much each government is involved in economic activity. Following this, we will discuss the ways in which the government can be involved in the economy, primarily through the tools of fiscal and monetary policies and the types of factors that influence economic performance. Finally, the chapter discusses two subfields in this area of study: comparative political economy and international political economy.What Does Politics Have to Do with the Economy?
Politicians care very much about how the economy is performing. ...
Chapter 10Political EconomyChapter Objectives1. Describe the r.docxzebadiahsummers
Chapter 10
Political EconomyChapter Objectives
1. Describe the relationship between governments and the economy.
2. Describe different types of economic systems, including capitalism, socialism, and command economies.
3. Examine measures of economic performance.
4. Identify the fields of comparative and international political economy, including their major areas of research.
The presidential election of 1992 was an interesting one. Not only did the incumbent president, George H. W. Bush, have a stunningly high approval rating coming out of the Gulf War but the election also featured a third-party candidate, Ross Perot, who received the highest percentage of votes ever in American history for a third party. The Democratic challenger, Bill Clinton, was also an anomaly. A Democrat from the solid Republican South, he had also been accused of sexual harassment. Despite what would seem an easy reelection for then president Bush, James Carville, one of Clinton’s campaign advisers, summed up Clinton’s message for the voters quite succinctly: “It’s the economy, stupid.” With America in a recession and Bush having gone back on his pledge of “no new taxes,” Clinton’s economic message resonated with the American people, and Clinton handily won the Electoral College that November. Political science research has consistently shown that economic concerns are a primary issue for voters—especially voters who ask themselves “Am I better off now than I was four years ago?” when deciding how to cast their vote for president. Thus, politicians are rightly concerned with a country’s economy and challenged about how to respond to economic pressures.
This chapter explores the very crucial relationship between government and economy, the study of which is termed political economy. Although certainly not an absolute rule, a government cannot long be successful if its citizens suffer economic hardships and poor quality of life. Although there have been exceptions to this like North Korea, those states usually succeed because of their authoritarian nature. We will start first with a discussion of the connection between politics and economy and then move to discuss different types of economic systems, including capitalism and socialism. Although we discuss these ideal-type models, the reality is that there is no country in the world that is completely capitalist or completely socialist; rather, types of economies fall on a wide spectrum, having to do with how much each government is involved in economic activity. Following this, we will discuss the ways in which the government can be involved in the economy, primarily through the tools of fiscal and monetary policies and the types of factors that influence economic performance. Finally, the chapter discusses two subfields in this area of study: comparative political economy and international political economy.What Does Politics Have to Do with the Economy?
Politicians care very much about how the economy is performing. .
Chapter 10Political EconomyChapter Objectives1. Describe the r.docxbartholomeocoombs
Chapter 10
Political EconomyChapter Objectives
1. Describe the relationship between governments and the economy.
2. Describe different types of economic systems, including capitalism, socialism, and command economies.
3. Examine measures of economic performance.
4. Identify the fields of comparative and international political economy, including their major areas of research.
The presidential election of 1992 was an interesting one. Not only did the incumbent president, George H. W. Bush, have a stunningly high approval rating coming out of the Gulf War but the election also featured a third-party candidate, Ross Perot, who received the highest percentage of votes ever in American history for a third party. The Democratic challenger, Bill Clinton, was also an anomaly. A Democrat from the solid Republican South, he had also been accused of sexual harassment. Despite what would seem an easy reelection for then president Bush, James Carville, one of Clinton’s campaign advisers, summed up Clinton’s message for the voters quite succinctly: “It’s the economy, stupid.” With America in a recession and Bush having gone back on his pledge of “no new taxes,” Clinton’s economic message resonated with the American people, and Clinton handily won the Electoral College that November. Political science research has consistently shown that economic concerns are a primary issue for voters—especially voters who ask themselves “Am I better off now than I was four years ago?” when deciding how to cast their vote for president. Thus, politicians are rightly concerned with a country’s economy and challenged about how to respond to economic pressures.
This chapter explores the very crucial relationship between government and economy, the study of which is termed political economy. Although certainly not an absolute rule, a government cannot long be successful if its citizens suffer economic hardships and poor quality of life. Although there have been exceptions to this like North Korea, those states usually succeed because of their authoritarian nature. We will start first with a discussion of the connection between politics and economy and then move to discuss different types of economic systems, including capitalism and socialism. Although we discuss these ideal-type models, the reality is that there is no country in the world that is completely capitalist or completely socialist; rather, types of economies fall on a wide spectrum, having to do with how much each government is involved in economic activity. Following this, we will discuss the ways in which the government can be involved in the economy, primarily through the tools of fiscal and monetary policies and the types of factors that influence economic performance. Finally, the chapter discusses two subfields in this area of study: comparative political economy and international political economy.What Does Politics Have to Do with the Economy?
Politicians care very much about how the economy is performing. .
The tenth principle of Biblical Economics. In this case applied to global economic systems. See the video at www.vimeo.com/vivgrigg This is part of the course on Community Economics at www.wciu.edu/matul taught by Professor Viv Grigg as part f the MA in Transformational Urban Leadership.
Unit 8 - Information and Communication Technology (Paper I).pdfThiyagu K
This slides describes the basic concepts of ICT, basics of Email, Emerging Technology and Digital Initiatives in Education. This presentations aligns with the UGC Paper I syllabus.
Introduction to AI for Nonprofits with Tapp NetworkTechSoup
Dive into the world of AI! Experts Jon Hill and Tareq Monaur will guide you through AI's role in enhancing nonprofit websites and basic marketing strategies, making it easy to understand and apply.
Biological screening of herbal drugs: Introduction and Need for
Phyto-Pharmacological Screening, New Strategies for evaluating
Natural Products, In vitro evaluation techniques for Antioxidants, Antimicrobial and Anticancer drugs. In vivo evaluation techniques
for Anti-inflammatory, Antiulcer, Anticancer, Wound healing, Antidiabetic, Hepatoprotective, Cardio protective, Diuretics and
Antifertility, Toxicity studies as per OECD guidelines
How to Make a Field invisible in Odoo 17Celine George
It is possible to hide or invisible some fields in odoo. Commonly using “invisible” attribute in the field definition to invisible the fields. This slide will show how to make a field invisible in odoo 17.
Embracing GenAI - A Strategic ImperativePeter Windle
Artificial Intelligence (AI) technologies such as Generative AI, Image Generators and Large Language Models have had a dramatic impact on teaching, learning and assessment over the past 18 months. The most immediate threat AI posed was to Academic Integrity with Higher Education Institutes (HEIs) focusing their efforts on combating the use of GenAI in assessment. Guidelines were developed for staff and students, policies put in place too. Innovative educators have forged paths in the use of Generative AI for teaching, learning and assessments leading to pockets of transformation springing up across HEIs, often with little or no top-down guidance, support or direction.
This Gasta posits a strategic approach to integrating AI into HEIs to prepare staff, students and the curriculum for an evolving world and workplace. We will highlight the advantages of working with these technologies beyond the realm of teaching, learning and assessment by considering prompt engineering skills, industry impact, curriculum changes, and the need for staff upskilling. In contrast, not engaging strategically with Generative AI poses risks, including falling behind peers, missed opportunities and failing to ensure our graduates remain employable. The rapid evolution of AI technologies necessitates a proactive and strategic approach if we are to remain relevant.
Model Attribute Check Company Auto PropertyCeline George
In Odoo, the multi-company feature allows you to manage multiple companies within a single Odoo database instance. Each company can have its own configurations while still sharing common resources such as products, customers, and suppliers.
2024.06.01 Introducing a competency framework for languag learning materials ...Sandy Millin
http://sandymillin.wordpress.com/iateflwebinar2024
Published classroom materials form the basis of syllabuses, drive teacher professional development, and have a potentially huge influence on learners, teachers and education systems. All teachers also create their own materials, whether a few sentences on a blackboard, a highly-structured fully-realised online course, or anything in between. Despite this, the knowledge and skills needed to create effective language learning materials are rarely part of teacher training, and are mostly learnt by trial and error.
Knowledge and skills frameworks, generally called competency frameworks, for ELT teachers, trainers and managers have existed for a few years now. However, until I created one for my MA dissertation, there wasn’t one drawing together what we need to know and do to be able to effectively produce language learning materials.
This webinar will introduce you to my framework, highlighting the key competencies I identified from my research. It will also show how anybody involved in language teaching (any language, not just English!), teacher training, managing schools or developing language learning materials can benefit from using the framework.
The Roman Empire A Historical Colossus.pdfkaushalkr1407
The Roman Empire, a vast and enduring power, stands as one of history's most remarkable civilizations, leaving an indelible imprint on the world. It emerged from the Roman Republic, transitioning into an imperial powerhouse under the leadership of Augustus Caesar in 27 BCE. This transformation marked the beginning of an era defined by unprecedented territorial expansion, architectural marvels, and profound cultural influence.
The empire's roots lie in the city of Rome, founded, according to legend, by Romulus in 753 BCE. Over centuries, Rome evolved from a small settlement to a formidable republic, characterized by a complex political system with elected officials and checks on power. However, internal strife, class conflicts, and military ambitions paved the way for the end of the Republic. Julius Caesar’s dictatorship and subsequent assassination in 44 BCE created a power vacuum, leading to a civil war. Octavian, later Augustus, emerged victorious, heralding the Roman Empire’s birth.
Under Augustus, the empire experienced the Pax Romana, a 200-year period of relative peace and stability. Augustus reformed the military, established efficient administrative systems, and initiated grand construction projects. The empire's borders expanded, encompassing territories from Britain to Egypt and from Spain to the Euphrates. Roman legions, renowned for their discipline and engineering prowess, secured and maintained these vast territories, building roads, fortifications, and cities that facilitated control and integration.
The Roman Empire’s society was hierarchical, with a rigid class system. At the top were the patricians, wealthy elites who held significant political power. Below them were the plebeians, free citizens with limited political influence, and the vast numbers of slaves who formed the backbone of the economy. The family unit was central, governed by the paterfamilias, the male head who held absolute authority.
Culturally, the Romans were eclectic, absorbing and adapting elements from the civilizations they encountered, particularly the Greeks. Roman art, literature, and philosophy reflected this synthesis, creating a rich cultural tapestry. Latin, the Roman language, became the lingua franca of the Western world, influencing numerous modern languages.
Roman architecture and engineering achievements were monumental. They perfected the arch, vault, and dome, constructing enduring structures like the Colosseum, Pantheon, and aqueducts. These engineering marvels not only showcased Roman ingenuity but also served practical purposes, from public entertainment to water supply.
Honest Reviews of Tim Han LMA Course Program.pptxtimhan337
Personal development courses are widely available today, with each one promising life-changing outcomes. Tim Han’s Life Mastery Achievers (LMA) Course has drawn a lot of interest. In addition to offering my frank assessment of Success Insider’s LMA Course, this piece examines the course’s effects via a variety of Tim Han LMA course reviews and Success Insider comments.
Francesca Gottschalk - How can education support child empowerment.pptxEduSkills OECD
Francesca Gottschalk from the OECD’s Centre for Educational Research and Innovation presents at the Ask an Expert Webinar: How can education support child empowerment?
Palestine last event orientationfvgnh .pptxRaedMohamed3
An EFL lesson about the current events in Palestine. It is intended to be for intermediate students who wish to increase their listening skills through a short lesson in power point.
Adversarial Attention Modeling for Multi-dimensional Emotion Regression.pdf
Reaction to liberalism 2
1. Classical conservatism = reaction to
classical liberalism
Reactionary, also known as
conservative or the Right (referring
to the political spectrum), refers to
an ideology that supports a return
to a previous state of affairs.
Change should not be on whim
2. • Everyone is not equal,
those who lead should be
the best and brightest,
those who are ‘uninformed’
should have no say
• A select few with special
rights and responsibilities
should chose
• Leaders should show
humanity-care for others
• Society must be stable
3. Labour rights
How do workers’ rights today
compare with those of the late 19th
and and early 20th Century?
4. Theodore Roosevelt
Wanted a ‘Square
Deal’ for capital
and labour
Help to create a
movement known
as ‘Progressivism’
5. Progressivism
Goals:
Securing equal suffrage to men
and women alike
Conservation of human resources
(workers’ rights, prohibit child
labour, etc.)
Implement a single national health
service
6. Creation of the Welfare State
Progressivism paved
the way for the
creation of the
modern state
The Great Depression
deepened and
strengthened
government
involvement across
the economy
Why?
7. Look at this
cartoon:
Is it supportive of
the French
Revolution?
What clues support
your conclusion?
8. The New Deal
The economic disaster of the
Depression led many to rethink
the way things had been done
FDR called for a ‘New Deal’ to
‘save capitalism from itself’
Implemented programs to put
money into the hands of
consumers
Created laws to prevent
excesses of capitalism Fran
k
Roos lin Delan
evelt o
9. Based on Demand Side Economics
More money Less money
in your in your
pockets: pockets:
Governments Governments
should spend should spend
money in a less money in
recession to boom times to
reduce its soften a
severity. It boom. It
should also should also
reduce taxes. raise taxes.
10. JM Keynes
Demand side economics was
primarily the idea of John Maynard
Keynes
Because of that is also called
Keynesianism or Keynesian
Economics
Keynes believed government had a
strong role to play in balancing the
economy
11.
12.
13.
14. Economic Views
Classical Liberalism Welfare State
The government The government
should not interfere should balance out
in the economy. the highs and lows of
If everyone knows the economic cycle
that good times are by raising/lowering
followed by bad taxes, government
times, then it is spending, and
everyone’s interest rates.
Keynes supported
responsibility to save
for the bad times. this.
15. Views on opportunity
Classical Liberalism Modern Liberalism
Focuses on greater Freedom comes from
individual freedom equality of
and economic opportunity
freedom
16. Raising Standards and Unions
Initial labour standards were set by
the owners and government
Many workers still felt that they
didn’t have a fair shake
As a result they formed unions to
act together
Unions were initially illegal, only
with the Depression did they gain
significant traction
17. Universal Suffrage
Classical liberalism, while it preached
equality, did not give equality to all
Even most liberal philosophers refused to
accept that women were equal
Feminism advocated the equality of
treatment between men and women
Only in 1929 did women legally become
‘persons’ in Canada (separate from a
father or husband)
