SOCIAL PROBLEMS SOCI 201 1/31/2017. B. Where do Social Problems Come From? 1. Social problems can be though of as objective and subjective.

Size: px
Start display at page:

Download "SOCIAL PROBLEMS SOCI 201 1/31/2017. B. Where do Social Problems Come From? 1. Social problems can be though of as objective and subjective."

Transcription

1 SOCI 201 SOCIAL PROBLEMS Professor Kurt reymers, Ph.D. ( Dr. K ) Spring Social problems can be though of as objective and subjective. Objective Condition = Material Reality: the world of physical, sensory perception and observation; Subjective Definition = Social Reality: the world of consciousness, mind and society-wide patterns of thought shared by everyone within a culture. 2. Social problems can be though of as objective and subjective. The difference between objective condition" and "subjective definition" lies basically in the difference in perspective between material, physical reality in which we live, compared to the socially constructed reality that is a normal condition of our society (but may be very different in another society). For example, poverty can be an objective condition of having little money and all of the accompanying problems that condition creates. However, poverty can also be subjectively defined. In America, 42% of families in poverty (by the U.S. government s definition) have two cars and at least one smart phone; is this a valid definition compared to another society, where poverty means starvation-level survival? 1

2 3. Regardless of subjectivity, social problems are related to the social structure. The textbook authors suggest that to best investigate personal troubles that stem from problems within the structure of social institutions, we must look at the structure of the POLITICAL-ECONOMY of a society. American society works on the basic principles of a CAPITALIST-DEMOCRACY. So, in order to understand the problems of American society, we must first understand the contemporary problems of American capitalism and of American democracy. 3.a. Capitalism: an economic and political system in which a country's trade and industry are controlled by private owners for profit, rather than by the state (socialism). Contemporary American society generally embraces ideal capitalism, with little credence given to any form of socialism (including deregulation of business and a shrinking of government services, including welfare, healthcare, and infrastructure). 3.b. Is American capitalism still a free-market? Karl Marx argued that capitalism would inevitably fail because it has a tendency to become monopolistic, meaning that small companies will be gobbled up by larger ones, creating less competition and thus less innovation. Corporations today are becoming fewer and fewer, consolidating as larger businesses buy up smaller ones. The following charts show this consolidation visually: 2

3 40 banks have become 4 banks in the past 30 years Ten airlines have become four in the past 20 years Media corporations have shrunk from 50 to 6 in 40 years 3

4 23 drug companies have become 7 in the past 30 years 22 oil companies have become 8 in the past 20 years 10 corporations make almost everything you eat and drink 4

5 Gack! Even our BEER has been globally consolidated! 3.c. Accompanying these mergers and their interlocking boards of directors (the true owners of corporate stock) is a vastly increasing inequality of wealth. 5

6 3.d. How does the concentration of wealth effect democratic practice? i. Plutocracy and oligarchy (rule of the rich and of the few) ii. Campaign financing (Citizens United, see text p.41) iii. Lobbying and special interests iv. Political infiltration from big business (creating a Power Elite) 6

7 Monsanto, Inc., a huge industrial-agriculture corporation, has deep ties between it s board of directors and political appointments. So, where do America s (and many of the world s) social problems come from? According to the text authors, they derive from a system of corporate and political power that is restricted to a very small proportion of society. This is the classic conflict theory explanation of social problems. 7

Social Problems, Census Update, 12e (Eitzen / Baca Zinn / Eitzen Smith) Chapter 2 Wealth and Power: The Bias of the System

Social Problems, Census Update, 12e (Eitzen / Baca Zinn / Eitzen Smith) Chapter 2 Wealth and Power: The Bias of the System Social Problems, Census Update, 12e (Eitzen / Baca Zinn / Eitzen Smith) Chapter 2 Wealth and Power: The Bias of the System 2.1 Multiple-Choice Questions 1) The authors point out that the problems that

More information

AQA Economics A-level

AQA Economics A-level AQA Economics A-level Microeconomics Topic 7: Distribution of Income and Wealth, Poverty and Inequality 7.1 The distribution of income and wealth Notes Distinction between wealth and income inequality

More information

Edexcel (A) Economics A-level

Edexcel (A) Economics A-level Edexcel (A) Economics A-level Theme 4: A Global Perspective 4.2 Poverty and Inequality 4.2.2 Inequality Notes Distinction between wealth and income inequality Wealth is defined as a stock of assets, such

More information

Unit 1: Introduction to Economics Chapters 1 & 2

Unit 1: Introduction to Economics Chapters 1 & 2 Unit 1: Introduction to Economics Chapters 1 & 2 What is a market? Any place or method used by buyers and sellers to exchange goods and services. What kind of market system is used in the United States?

More information

Economics has been defined as the study of how people respond to incentives.

Economics has been defined as the study of how people respond to incentives. Unit 1 Notes Incentives Economics has been defined as the study of how people respond to incentives. An incentive is a factor that motivates someone to behave in a certain way. Incentives Positive incentives

More information

The difference between Communism and Socialism

The difference between Communism and Socialism The difference between Communism and Socialism Communism can be described as a social organizational system where the community owns the property and each individual contributes and receives wealth according

More information

It s Working A COMMONSENSE GUIDE OF SOCIALISM. education, growth, opportunity

It s Working A COMMONSENSE GUIDE OF SOCIALISM. education, growth, opportunity It s Working education, growth, opportunity A COMMONSENSE GUIDE T O T H E FA L S E P R O M I S E S OF SOCIALISM 1 Income equality! Everyone contributes an equal amount and equally shares in rewards! Everyone

More information

Module 5 Review Guide

Module 5 Review Guide Module 5 1 of 5 Module 5 Review Guide Economist Adam Smith Karl Marx John Maynard Keynes Beliefs/Ideologies... o Laissez-faire No government intervention. o Let the market work on its own. o Individuals

More information

Subverting the Orthodoxy

Subverting the Orthodoxy Subverting the Orthodoxy Rousseau, Smith and Marx Chau Kwan Yat Jean-Jacques Rousseau, Adam Smith, and Karl Marx each wrote at a different time, yet their works share a common feature: they display a certain

More information

Draft for discussion only, thank you.

Draft for discussion only, thank you. Laws of Motion for Political Manipulation of Public Memory Working Paper, September 2007 Cameron M. Weber New School for Social Research cameron_weber@hotmail.com cameroneconomics.com Draft for discussion

More information

The Marxist Critique of Liberalism

The Marxist Critique of Liberalism The Marxist Critique of Liberalism Is Market Socialism the Solution? The ruling ideas of each age have ever been the ideas of its ruling class. What is Capitalism? A market system in which the means of

More information

Coyote Economist. The Political Economy of the Occupy Movement. News from the Department of Economics, CSUSB Volume 18, Issue 1..

Coyote Economist. The Political Economy of the Occupy Movement. News from the Department of Economics, CSUSB Volume 18, Issue 1.. Coyote Economist News from the Department of Economics, CSUSB Volume 18, Issue 1.. Fall 2011 The Political Economy of the Occupy Movement Inside this Issue: Staying Informed...2 We re on Facebook...5 Tentative

More information

Stratification: Rich and Famous or Rags and Famine? 2015 SAGE Publications, Inc.

Stratification: Rich and Famous or Rags and Famine? 2015 SAGE Publications, Inc. Chapter 7 Stratification: Rich and Famous or Rags and Famine? The Importance of Stratification Social stratification: individuals and groups are layered or ranked in society according to how many valued

More information

Ideologies of Individualism & Collectivism

Ideologies of Individualism & Collectivism Ideologies of Individualism & Collectivism Chapter 2 & 3 Cloze Notes and Workbook When we examine ideologies, we can see that each of them is based on either or, or a mixture of the two. What is the relationship

More information

Radical Equality as the Purpose of Political Economy. The ruling ideas of each age have ever been the ideas of its ruling class.

Radical Equality as the Purpose of Political Economy. The ruling ideas of each age have ever been the ideas of its ruling class. Radical Equality as the Purpose of Political Economy The ruling ideas of each age have ever been the ideas of its ruling class. Clicker Quiz: A.Agree B.Disagree Capitalism (according to Marx) A market

More information

The Conception of Modern Capitalist Oligarchies

The Conception of Modern Capitalist Oligarchies 1 Judith Dellheim The Conception of Modern Capitalist Oligarchies Gabi has been right to underline the need for a distinction between different member groups of the capitalist class, defined in more abstract

More information

Chapter 2: Economic Systems Section 3

Chapter 2: Economic Systems Section 3 Chapter 2: Economic Systems Section 3 Objectives 1. Describe how a centrally planned economy is organized. 2. Distinguish between socialism and communism. 3. Analyze the use of central planning in the

More information

Trading Game. The. Materials Needed. » three paper grocery bags, each marked with one of the following labels: Group 1, Group 2, or Group 3

Trading Game. The. Materials Needed. » three paper grocery bags, each marked with one of the following labels: Group 1, Group 2, or Group 3 The Trading Game In this activity, the participants explore how trading often benefits the powerful. time required: 60 to 90 minutes intended for grades 9-12» three paper grocery bags, each marked with

More information

CHAPTER 1 PROLOGUE: VALUES AND PERSPECTIVES

CHAPTER 1 PROLOGUE: VALUES AND PERSPECTIVES CHAPTER 1 PROLOGUE: VALUES AND PERSPECTIVES Final draft July 2009 This Book revolves around three broad kinds of questions: $ What kind of society is this? $ How does it really work? Why is it the way

More information

CHAPTER 24 The Industrial Age,

CHAPTER 24 The Industrial Age, CHAPTER 24 The Industrial Age, 1865 1900 1. Railroad Expansion (pp. 528-536) a. The government gave away land bigger than the state of to various railroad companies. What benefits did the government get

More information

Sociology 101: The Social Lens

Sociology 101: The Social Lens Sociology 101: The Social Lens Unit 6 Overview: Social Stratification Introduction What post-industrial nation has both one of the highest per capita incomes i as well as the highest poverty rate of any

More information

Hungry for change- Frequently Asked Questions

Hungry for change- Frequently Asked Questions Hungry for change- Frequently Asked Questions Q Global hunger is a huge problem, how can CAFOD hope to solve it with one campaign? A On one level, the food system s complex, a deadly mix of different factors

More information

Capital in the 21 st century A Middle East Perspective. Thomas Piketty Paris School of Economics Cairo, June

Capital in the 21 st century A Middle East Perspective. Thomas Piketty Paris School of Economics Cairo, June Capital in the 21 st century A Middle East Perspective Thomas Piketty Paris School of Economics Cairo, June 2 2016 This presentation is partly based upon my book Capital in the 21 st century (HUP, 2014)

More information

Class Structure in an Age of Growing Inequality

Class Structure in an Age of Growing Inequality Dennis Gilbert Hamilton College The American Class Structure in an Age of Growing Inequality EIGHTH EDITION (DSAGE PINE FORGE Los Angeles London New Delhi Singapore Washington DC Contents About the Author

More information

Introduction to Cultural Anthropology: Class 14 An exploitative theory of inequality: Marxian theory Copyright Bruce Owen 2010 Example of an

Introduction to Cultural Anthropology: Class 14 An exploitative theory of inequality: Marxian theory Copyright Bruce Owen 2010 Example of an Introduction to Cultural Anthropology: Class 14 An exploitative theory of inequality: Marxian theory Copyright Bruce Owen 2010 Example of an exploitative theory of inequality: Marxian theory the Marxian

More information

ECON 1000 Contemporary Economic Issues (Spring 2018) Economic Growth

ECON 1000 Contemporary Economic Issues (Spring 2018) Economic Growth ECON 1000 Contemporary Economic Issues (Spring 2018) Economic Growth Relevant Readings from the Required Textbooks: Chapter 7, Gross Domestic Product and Economic Growth Definitions and Concepts: economic

More information

Inequality and Its Discontents: A Canadian Perspective

Inequality and Its Discontents: A Canadian Perspective Inequality and Its Discontents: A Canadian Perspective Inaugural Sefton-Williams Lecture University of Toronto Toronto, Ontario March 19, 2015 Armine Yalnizyan Senior Economist, CCPA Overview What are

More information

Presentation Script English Version

Presentation Script English Version Presentation Script English Version The presentation opens with a black screen. When ready to begin, click the forward arrow. The nations of sub-saharan Africa are poised to take off. Throughout the continent,

More information

Disruptive Innovation: The Case of Uber in London

Disruptive Innovation: The Case of Uber in London Presentation at the Mistra-SAMS Seminar KTH Stockholm 6 th October 2017 Disruptive Innovation: The Case of Uber in London David Banister, Geoff Dudley and Tim Schwanen Transport Studies Unit School of

More information

Rewriting the Rules of the Market Economy to Achieve Shared Prosperity. Joseph E. Stiglitz New York June 2016

Rewriting the Rules of the Market Economy to Achieve Shared Prosperity. Joseph E. Stiglitz New York June 2016 Rewriting the Rules of the Market Economy to Achieve Shared Prosperity Joseph E. Stiglitz New York June 2016 Enormous growth in inequality Especially in US, and countries that have followed US model Multiple

More information

* Economies and Values

* Economies and Values Unit One CB * Economies and Values Four different economic systems have developed to address the key economic questions. Each system reflects the different prioritization of economic goals. It also reflects

More information

Western Philosophy of Social Science

Western Philosophy of Social Science Western Philosophy of Social Science Lecture 7. Marx's Capital as a social science Professor Daniel Little University of Michigan-Dearborn delittle@umd.umich.edu www-personal.umd.umich.edu/~delittle/ Does

More information

Introduction to Public Policy Analysis. What is Public Policy?

Introduction to Public Policy Analysis. What is Public Policy? Introduction to Public Policy Analysis What is Public Policy? What is Public Policy? Textbook #1: The authoritative statements or actions of government which reflect the decisions, values, or goals of

More information

Capitalism in an Age of Robots

Capitalism in an Age of Robots Institute for New Economic Thinking Capitalism in an Age of Robots Adair Turner Chairman Institute for New Economic Thinking Azim Premji University Bangalore, 2 October 2017 ineteconomics.org facebook.com/ineteconomics

More information

BALKAN BAROMETER Infographics. pocket edition. This project is funded by the European Union

BALKAN BAROMETER Infographics. pocket edition. This project is funded by the European Union BALKAN BAROMETER 2016 Infographics pocket edition RCC S BALKAN BAROMETER 2016 BALKAN BAROMETER, the voice of South East Europe BALKAN Barometer 2016 edition is a comprehensive survey commissioned by the

More information

Economic Systems. Essential Questions. How do different societies around the world meet their economic systems?

Economic Systems. Essential Questions. How do different societies around the world meet their economic systems? Economic Systems Essential Questions How do different societies around the world meet their economic systems? What are the advantages and disadvantages of each system? Terms to know: Economics Economist

More information

Stratification and Inequality. Part 3

Stratification and Inequality. Part 3 Stratification and Inequality Part 3 how you see it How do different social classes and groups view stratification and inequality? INTEACTIONIST Founding Sociologist: Weber Power and bureaucracy Modern

More information

Dye & Sparrow. Chapter 2 Ideology: Ideas in Conflict

Dye & Sparrow. Chapter 2 Ideology: Ideas in Conflict Dye & Sparrow Chapter 2 Ideology: Ideas in Conflict LA vs New York - Kids Edition Those videos have absolutely nothing to do with today s subject BUT kids rock and I laughed so there Let s take a look

More information

Chapter 1 Sociological Theory Chapter Summary

Chapter 1 Sociological Theory Chapter Summary Chapter 1 Sociological Theory Chapter Summary Like most textbooks, Chapter 1 is designed to introduce you to the history and founders of sociology (called theorists) who have shaped our understanding and

More information

Laissez-Faire vs. Socialism Who is responsible?

Laissez-Faire vs. Socialism Who is responsible? Laissez-Faire vs. Socialism Who is responsible? Warm-Up In your groups discuss the following question: Should the government be responsible in regulating (controlling) businesses? If not, why? If so, how

More information

Professor Eleanor Fox New York University School of Law

Professor Eleanor Fox New York University School of Law The views expressed are those of the author and do not necessarily reflect the views of UNCTAD Seventh United Nations Conference to review the UN Set on Competition Policy Professor Eleanor Fox New York

More information

Unit 1: Fundamental Economic Concepts. Chapter 2: Economic Choices and Decision Making. Lesson 4: Economic Systems

Unit 1: Fundamental Economic Concepts. Chapter 2: Economic Choices and Decision Making. Lesson 4: Economic Systems Unit 1: Fundamental Economic Concepts Chapter 2: Economic Choices and Decision Making Lesson 4: Economic Systems 1 Your Objectives After this lesson you should be able to: 1. Describe the characteristics

More information

INEQUALITY: POVERTY AND WEALTH CHAPTER 2

INEQUALITY: POVERTY AND WEALTH CHAPTER 2 INEQUALITY: POVERTY AND WEALTH CHAPTER 2 Defining Economic Inequality Social Stratification- rank individuals based on objective criteria, often wealth, power and/or prestige. Human beings have a tendency

More information

11/7/2011. Section 1: Answering the Three Economic Questions. Section 2: The Free Market

11/7/2011. Section 1: Answering the Three Economic Questions. Section 2: The Free Market Essential Question Chapter 6: Economic Systems Opener How does a society decide who gets what goods and services? Chapter 6, Opener Slide 2 Guiding Questions Section 1: Answering the Three Economic Questions

More information

Reminders. Please keep phones away. Make sure you are in your seat when the bell rings. Be respectful and listen when others are talking.

Reminders. Please keep phones away. Make sure you are in your seat when the bell rings. Be respectful and listen when others are talking. Reminders Please keep phones away Make sure you are in your seat when the bell rings Be respectful and listen when others are talking. Do Now What is Social Stratification? Social Stratification Dimensions

More information

Danny Dorling on 30 January 2015.

Danny Dorling on 30 January 2015. Dorling, D. (2015) Interview with Dario Ruggiero, Autore Sito (The Long Term Economy, www.lteconomy.it) published January 30 th, archived at http://www.lteconomy.it/en/interviews- en Danny Dorling on 30

More information

Adam Smith and Government Intervention in the Economy Sima Siami-Namini Graduate Research Assistant and Ph.D. Student Texas Tech University

Adam Smith and Government Intervention in the Economy Sima Siami-Namini Graduate Research Assistant and Ph.D. Student Texas Tech University Review of the Wealth of Nations Adam Smith and Government Intervention in the Economy Sima Siami-Namini Graduate Research Assistant and Ph.D. Student Texas Tech University May 14, 2015 Abstract The main

More information

The Beginnings of Industrialization

The Beginnings of Industrialization Name CHAPTER 25 Section 1 (pages 717 722) The Beginnings of BEFORE YOU READ In the last section, you read about romanticism and realism in the arts. In this section, you will read about the beginning of

More information

A Shrinking Universe How Corporate Power Shapes Inequality

A Shrinking Universe How Corporate Power Shapes Inequality A Shrinking Universe How Corporate Power Shapes Inequality Jordan Brennan jordan.brennan@unifor.org http://brennanjordan.tumblr.com/ Economist, Unifor PhD Candidate, York University Toronto, Canada Paper

More information

Industrial Revolution

Industrial Revolution ECONOMIC SYSTEM Industrial Revolution During 1760-1820, a period of major industrialization occurred beginning in Britain and then spread throughout the world. New steam and water powered inventions made

More information

Magruder s American Government

Magruder s American Government Presentation Pro Magruder s American Government C H A P T E R 23 Comparative Economic Systems 200 by Prentice Hall, Inc. C H A P T E R 23 Comparative Economic Systems SECTION Capitalism SECTION 2 Socialism

More information

Oxfam Education

Oxfam Education Background notes on inequality for teachers Oxfam Education What do we mean by inequality? In this resource inequality refers to wide differences in a population in terms of their wealth, their income

More information

1. Global Disparities Overview

1. Global Disparities Overview 1. Global Disparities Overview The world is not an equal place, and throughout history there have always been inequalities between people, between countries and between regions. Today the world s population

More information

CIE Economics A-level

CIE Economics A-level CIE Economics A-level Topic 4: The Macroeconomy c) Classification of countries Notes Indicators of living standards and economic development The three dimensions of the Human Development Index (HDI) The

More information

ECONOMIC SYSTEMS METHOD USED BY A SOCIETY TO PRODUCE AND DISTRIBUTE GOODS AND SERVICES

ECONOMIC SYSTEMS METHOD USED BY A SOCIETY TO PRODUCE AND DISTRIBUTE GOODS AND SERVICES ECONOMICS ECONOMIC SYSTEMS METHOD USED BY A SOCIETY TO PRODUCE AND DISTRIBUTE GOODS AND SERVICES THREE ECONOMIC QUESTIONS WHAT GOODS AND SERVICES SHOULD BE PRODUCED? HOW SHOULD THEY BE PRODUCED WHO CONSUMES

More information

Rising inequality in China

Rising inequality in China Page 1 of 6 Date:03/01/2006 URL: http://www.thehindubusinessline.com/2006/01/03/stories/2006010300981100.htm Rising inequality in China C. P. Chandrasekhar Jayati Ghosh Spectacular economic growth in China

More information

Testimony to the United States Senate Budget Committee Hearing on Opportunity, Mobility, and Inequality in Today's Economy April 1, 2014

Testimony to the United States Senate Budget Committee Hearing on Opportunity, Mobility, and Inequality in Today's Economy April 1, 2014 Testimony to the United States Senate Budget Committee Hearing on Opportunity, Mobility, and Inequality in Today's Economy April 1, 2014 Joseph E. Stiglitz University Professor Columbia University The

More information

The Three Great Thinkers Who Changed Economics

The Three Great Thinkers Who Changed Economics The Three Great Thinkers Who Changed Economics By Daniel Adler, Big History Project, adapted by Newsela staff on 07.30.16 Word Count 1,789 The New York stock exchange traders' floor (1963). Courtesy of

More information

CH 19. Name: Class: Date: Multiple Choice Identify the choice that best completes the statement or answers the question.

CH 19. Name: Class: Date: Multiple Choice Identify the choice that best completes the statement or answers the question. Class: Date: CH 19 Multiple Choice Identify the choice that best completes the statement or answers the question. 1. In the United States, the poorest 20 percent of the household receive approximately

More information

CREATING A TRICKLE-UP ECONOMY

CREATING A TRICKLE-UP ECONOMY CREATING A TRICKLE-UP ECONOMY A BE THE CHANGE GRANTS SUPPLEMENTAL REPORT CHRISTINE HORNER WHAT WOULD LOVE DO FOUNDATION www.whatwouldlovedo.org UPDATED APRIL 14, 2017 NEW ECONOMY SUMMARY Working together

More information

Newfoundland and Labrador Studies 2205

Newfoundland and Labrador Studies 2205 1 Newfoundland and Labrador Studies 2205 Text Book: Newfoundland & Labrador Studies Selected Topics, NL Dept. of Education http://www.ed.gov.nl.ca/edu/k12/curriculum/documents/socialstudies/ Go directly

More information

1968, 1969, ( )

1968, 1969, ( ) * [ ] [ ] ; ; [ ] A84 [ ] A [ ] 1005-8273(2012)05-0065-05 20 70 20 60 1968 1969 1969 3 15 : 20 60 3 21 ; : * (2011-2012 ) : - 65 - [1](p.286) 3 22 1 4 28 [4](p.13) 37 : 2 20 60 20 : [2](p.448) : [2](p.384)

More information

What did we even learn last class?

What did we even learn last class? What did we even learn last class? What are we doing today? What is a political ideology? Activity: Agree/Disagree Ideologies & Political Spectrum Complete handout & survey Learning Outcomes By the end

More information

THERE ARE NO RICH PEOPLE IN THE WORLD

THERE ARE NO RICH PEOPLE IN THE WORLD THERE ARE NO RICH PEOPLE IN THE WORLD There are no rich people in the world, and there are no poor people. There are just people. The rich may have lots of pieces of green paper that many pretend are worth

More information

Assembly Line For the first time, Henry Ford s entire Highland Park, Michigan automobile factory is run on a continuously moving assembly line when

Assembly Line For the first time, Henry Ford s entire Highland Park, Michigan automobile factory is run on a continuously moving assembly line when Assembly Line For the first time, Henry Ford s entire Highland Park, Michigan automobile factory is run on a continuously moving assembly line when the chassis the automobile s frame is assembled using

More information

Development Economics: the International Perspective. Why are some countries rich while others are poor?

Development Economics: the International Perspective. Why are some countries rich while others are poor? Development Economics: the International Perspective Why are some countries rich while others are poor? * Objective: Given Theory of Development 4 Types of Economic Systems the student will distinguish

More information

RECONSTRUCTING DEMOCRACY IN AN ERA OF INEQUALITY

RECONSTRUCTING DEMOCRACY IN AN ERA OF INEQUALITY RECONSTRUCTING DEMOCRACY IN AN ERA OF INEQUALITY K. SABEEL RAHMAN Ganesh Sitaraman has written a timely and important book, fluidly written and provocative. It should be required reading for scholars,

More information

MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question.

MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. Political Culture and Ideology Name MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 1) The textbook lists a number of values shared by most Americans.

More information

Area of study 2: Dynamic Places

Area of study 2: Dynamic Places Area of study 2: Dynamic Places Topic 3: Globalisation Overview Globalisation and global interdependence continue to accelerate, resulting in changing opportunities for businesses and people. Inequalities

More information

Neoliberalism and the Emerging Precariat by Stephen C. Sanders

Neoliberalism and the Emerging Precariat by Stephen C. Sanders 1 Neoliberalism and the Emerging Precariat by Stephen C. Sanders Neoliberalism, although it is the socioculturally accepted economic system, has shown for many years to be the cause of increasing job and

More information

Karl Marx. Louis Blanc

Karl Marx. Louis Blanc Karl Marx Louis Blanc Cooperatives! First cooperative 1844 in Rochdale, England " Formed to fight high food costs " 30 English weavers opened a grocery store with $140 " Bought goods at wholesale " Members

More information

I. Historical and Structural Aspects of Public Policy

I. Historical and Structural Aspects of Public Policy Lecture 6-2007 September 11, 2007 I. Historical and Structural Aspects of Public Policy A. Objectives 1. Understand the Constitutional structure and its relationship to policy making 2. Understand the

More information

Karl Marx ( )

Karl Marx ( ) Karl Marx (1818-1883) Karl Marx Marx (1818-1883) German economist, philosopher, sociologist and revolutionist. Enormous impact on arrangement of economies in the 20th century The strongest critic of capitalism

More information

Elites, elitism and society

Elites, elitism and society EUROPEAN ACADEMIC RESEARCH Vol. V, Issue 2/ May 2017 ISSN 2286-4822 www.euacademic.org Impact Factor: 3.4546 (UIF) DRJI Value: 5.9 (B+) Elites, elitism and society JETMIRA FEKOLLI Doctorate of Philosophy

More information

Chapters 2 and 3 Do Video Games / The Media Cause Violence? Social Conflict Theory: Does Socioeconomic Status Cause Crime?

Chapters 2 and 3 Do Video Games / The Media Cause Violence? Social Conflict Theory: Does Socioeconomic Status Cause Crime? Chapters 2 and 3 Do Video Games / The Media Cause Violence? Social Conflict Theory: Does Socioeconomic Status Cause Crime? Figure 8.1 The Branches of Social Conflict Theory Marxist Thought Productive Forces

More information

Remembering the Purpose of Government

Remembering the Purpose of Government COMMENTARY REDISCOVERING GOVERNMENT Remembering the Purpose of Government MARCH 23, 2016 PAGE 1 The meme of national elections for a generation at least back to the mid-1970s has been unchanged. That meme,

More information

The crisis of democratic capitalism Martin Wolf, Chief Economics Commentator, Financial Times

The crisis of democratic capitalism Martin Wolf, Chief Economics Commentator, Financial Times The crisis of democratic capitalism Martin Wolf, Chief Economics Commentator, Financial Times WU-Lecture on Economics 19 th January 2017 Vienna University of Economics and Business The crisis of democratic

More information

Voters Support Bold Economic Agenda

Voters Support Bold Economic Agenda Support Bold Economic Agenda Methodology: Demos sponsored an online survey among 1,536 registered voters, conducted June 5 to June 14, 2017. The research included a base sample of registered voters and,

More information

Creating a Mandate to Rewrite the Rules of the Economy July 2016

Creating a Mandate to Rewrite the Rules of the Economy July 2016 Creating a Mandate to Rewrite the Rules of the Economy July 2016 Methodology National phone survey of 900 likely 2016 voters from July 13-18, 2016. This survey took place July 13-18, 2016. Respondents

More information

BFU: Capitalism and Investment

BFU: Capitalism and Investment BFU: Capitalism and Investment Misconception: Americans and Europeans are richer because they work harder, are smarter, and are superior to everyone else. Are white people smarter than everyone else? White

More information

Comments on Dani Rodrik s paper, The past, present and future of economic growth Branko Milanovic 1

Comments on Dani Rodrik s paper, The past, present and future of economic growth Branko Milanovic 1 Comments on Dani Rodrik s paper, The past, present and future of economic growth Branko Milanovic 1 I enjoyed Dani s paper very much. It is a first-rate review of economic history and factors that have

More information

Capitalism: Good or Evil?

Capitalism: Good or Evil? Level 6-9 Capitalism: Good or Evil? Diana Ferraro Summary This book is about the pros and cons of living in a capitalist system. Contents Before Reading Think Ahead... 2 Vocabulary... 3 During Reading

More information

and with support from BRIEFING NOTE 1

and with support from BRIEFING NOTE 1 and with support from BRIEFING NOTE 1 Inequality and growth: the contrasting stories of Brazil and India Concern with inequality used to be confined to the political left, but today it has spread to a

More information

Chapter 5. The State

Chapter 5. The State Chapter 5 The State 1 The Purpose of the State is always the same: to limit the individual, to tame him, to subordinate him, to subjugate him. Max Stirner The Ego and His Own (1845) 2 What is the State?

More information

LECTURE 23: A SUMMARY OF CAPITAL IN THE 21 ST CENTURY

LECTURE 23: A SUMMARY OF CAPITAL IN THE 21 ST CENTURY LECTURE 23: A SUMMARY OF CAPITAL IN THE 21 ST CENTURY Dr. Aidan Regan Email: aidan.regan@ucd.ie Website: www.aidanregan.com Teaching blog: www.capitalistdemocracy.wordpress.com Twitter: @aidan_regan #CapitalUCD

More information

Democracy or Dictatorship: Does It Make a Difference?

Democracy or Dictatorship: Does It Make a Difference? Democracy or Dictatorship: Does It Make a Difference? Does regime type make a difference to material well-being? Do democracies produce higher economic growth? Do democracies produce higher economic growth?

More information

KARL MARX AND HIS IDEAS ABOUT INEQUALITY

KARL MARX AND HIS IDEAS ABOUT INEQUALITY From the SelectedWorks of Vivek Kumar Srivastava Dr. Spring March 10, 2015 KARL MARX AND HIS IDEAS ABOUT INEQUALITY Vivek Kumar Srivastava, Dr. Available at: https://works.bepress.com/vivek_kumar_srivastava/5/

More information

Note Taking Study Guide DAWN OF THE INDUSTRIAL AGE

Note Taking Study Guide DAWN OF THE INDUSTRIAL AGE SECTION 1 DAWN OF THE INDUSTRIAL AGE Focus Question: What events helped bring about the Industrial Revolution? As you read this section in your textbook, complete the following flowchart to list multiple

More information

MONEY AS A GLOBAL PUBLIC GOOD

MONEY AS A GLOBAL PUBLIC GOOD MONEY AS A GLOBAL PUBLIC GOOD Popescu Alexandra-Codruta West University of Timisoara, Faculty of Economics and Business Administration, Eftimie Murgu Str, No 7, 320088 Resita, alexandra.popescu@feaa.uvt.ro,

More information

Poverty and Inequality

Poverty and Inequality Poverty and Inequality Sherif Khalifa Sherif Khalifa () Poverty and Inequality 1 / 50 Sherif Khalifa () Poverty and Inequality 2 / 50 Sherif Khalifa () Poverty and Inequality 3 / 50 Definition Income inequality

More information

January 31, CM Book Chapter 2-10.notebook. Chapter 2. Issue Cause Effect. Jan 14-2:16 PM

January 31, CM Book Chapter 2-10.notebook. Chapter 2. Issue Cause Effect. Jan 14-2:16 PM CM Book Chapter 2-10.notebook Jan 8-9:07 AM 1 Chapter 2 Issue Cause Effect Jan 14-2:16 PM 2 Chapter 3 Jan 15-2:20 PM 3 Chapter 4 1. Muslim women don't have to wear the hijab in this culture. (Bantu) 2.

More information

Five insights from our policy responses to protests in US cities...

Five insights from our policy responses to protests in US cities... Five insights from our policy responses to protests in US cities... Urban Wire :: Adolescents and Youth RSS The voices of Urban Institute's researchers and staff Five insights from our policy responses

More information

communism Advantages DISAdvantages An economic ideology A Few Examples:

communism Advantages DISAdvantages An economic ideology A Few Examples: communism An economic ideology Advantages It embodies equality It makes health care, education, and employment accessible to citizens. It does not allow business monopolies. I am communist because I believe

More information

PART 1B NAME & SURNAME: THE EFFECTS OF GLOBALIZATION

PART 1B NAME & SURNAME: THE EFFECTS OF GLOBALIZATION Read TEXT 1 carefully and answer the questions from 1 to 10 by choosing the correct option (A,B,C,D) OR writing the answer based on information in the text. All answers must be written on the answer sheet.

More information

The Industrial Revolution Beginnings. Ways of the World Strayer Chapter 18

The Industrial Revolution Beginnings. Ways of the World Strayer Chapter 18 The Industrial Revolution Beginnings Ways of the World Strayer Chapter 18 Explaining the Industrial Revolution The global context for the Industrial Revolution lies in a very substantial increase in human

More information

Chair of the Africa Progress Panel, former Secretary-General of the United Nations and Nobel Laureate

Chair of the Africa Progress Panel, former Secretary-General of the United Nations and Nobel Laureate Foreword by Graça Machel Founder, Graça Machel Trust The last decades have seen incredible human progress across Africa and the world. But this progress is under threat from the scourge of rapidly rising

More information

America in the Global Economy

America in the Global Economy America in the Global Economy By Steven L. Rosen What Is Globalization? Definition: Globalization is a process of interaction and integration 統合 It includes: people, companies, and governments It is historically

More information

Business Ethics Concepts & Cases

Business Ethics Concepts & Cases Business Ethics Concepts & Cases Manuel G. Velasquez Chapter Three The Business System: Government, Markets, and International Trade Economic Systems Tradition-Based Societies: rely on traditional communal

More information

COUNTRY PLAN THE UK GOVERNMENT S PROGRAMME OF WORK TO FIGHT POVERTY IN BANGLADESH DEVELOPMENT IN BANGLADESH

COUNTRY PLAN THE UK GOVERNMENT S PROGRAMME OF WORK TO FIGHT POVERTY IN BANGLADESH DEVELOPMENT IN BANGLADESH THE UK GOVERNMENT S PROGRAMME OF WORK TO FIGHT POVERTY IN THE UK GOVERNMENT S PROGRAMME OF WORK TO FIGHT POVERTY IN Contents 1-2 WHAT is Development? Why is the UK Government involved? What is DFID? 3-4

More information

Keeping Up With the Joneses By CommonLit Staff From Wikipedia 2014

Keeping Up With the Joneses By CommonLit Staff From Wikipedia 2014 Name: Class: Keeping Up With the Joneses By CommonLit Staff From Wikipedia 2014 When everyone is getting the latest version of a smart phone, do you felt the pressure to buy one, too? The phrase keeping

More information