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deals with various economic theoriest, practices and outcomes within the state and among states in the global system
political economy
comparting states economies
comparative political economy
studying global system
international political economy
what does political economy allow
production of public goods
production of private goods
what are public goods
available to everyone
cannot be denied to anyone
what are private goods
property, property rights, owned by a group or a person, potential scarcity
a resource or commodity that a person legally owns ( can be tangible or intangible)
property
the legal authority to dictate how property sued or mangaged
property rights
competition = higher quality of the good
potential scarcity
exchange of goods and services within a given territory (forces of supply and demand)
market
occurs when market fails to perform efficiently or preform accordingly to other widely held social values
market failures
monopolies sides
evil greed
natural monopiles (where competition is not visible)
when a single company dominates the entire market
rent is 1,000 a month and you make 100 cookies, you would charge 10 per cookie, if you make 1,000 cookies per mouth you can charge 1 per cookie
economy of scale
how countries’ goods, investments, properties, and resources are divided amongst its population
wealth distribution
fiscal policies
deal with taxing and spending
taxation
tax scales
taxation
the process of government collecting money from its citizens, corporations, and other entities
higher income → higher % taxes
progressive
same % taxes regardless of income
flat tax
sales tax
regressive tax
levied on products that are deemed harmful to society
tobacco, soda tax, alcohol, etc
sins tax
higher price on things that are feminine
pink tax
monetary polices
actions taken by the state’s central bank to affect money supply
manipulation of intrest rates
who manipluates interest rates
federal bank
what does low interest rates do
easier borrowing → more spending → economic growth → inflation
what does higher interest rates do
lest borrowing → less spending → recession
what happens with inflation
the purchase power decrease, things are more expensive
how to tell a recession is happening
two consecutive quarters of declining economic activity
setting the rules of the game
the power to break up monopolies
international trade
regulations
one state produces goods and provides service more cheaply and easily than other states
comparative advantage
import > export
trade deficit ( less money in the country but lower consumer prices)
export > import
trade surplus (more money to spend on projects but higher consumer prices
taxes imposed on foreign products with the purpose of making those products more expensive and domestically produced more competitive
tariffs
restriction on the number/volume of foreign goods can enter the country non-tariff regulatory barriers
quotas
non-tariff reglatory barriors
financal
technical
what is a financial non-tariff regulatory barriers
The government provides subsidies and tax breaks for specific domestic industries
a direct financal payment or other form of aid from the government to an individual or business to reduce cost and encourage a specific activity
subsidies
a government reduction in a taxpayer’s total liability through deductions, credits, or exemptions to incentivize certain behaviors like investments or charitable giving
tax breaks
what are technical non-tariff regulatory barries
rules or standards imposed on by the destination country on the exporting country
what are the political economic systems
laissez-fair
statism
command
what is it called when the government leaves the economy alone
laissez-fair
what is it called when the goverment tasks on enterprising role on the economy
statism
what happens when the government takes full control on everything in the economy
command
seeks to maximize a country’s wealth through increasing exports and limiting imports
economic nationalism
protectionism
mercantilism
attempts by a state to protect or bolster its economy for nationalist goals
economic nationalism
polices designed to stimulate a county’s domestic industry through subsidies, tax breaks, and tariffs on foreign competitors
protectionism
the expectation is that forces of supply- demand will adject the market, and the state doesn’t need to interfere
private rights (state cannot take your private property) + self interest + completion
market failures
free- market capitalism (economic liberalism)
deregulation
privatization
elements of modern economic liberalism
reduction of rules and restrictions on industries
more markets, less government involvement
deregulation
selling of government assets
transfer what was owned by the state to individual companies
privatization
a system where the means of production are collectively owned by workers rather than privately owned by individuals
explicit critique of capitalism as destructive, corrupt and unsustainable
class conflict between workers and capital owners over the means of products
Marxism can take forms of communism or socialism
Marxism and class conflict
the state (usually one-party) is in complete control of the poltical economic system, including the property
over time, the state will disappear altogether and give a way to socialism
government is there as a manager then will be gone
russia was the first country to try and fail
communism
marx expects the communist revolution would begin in
industrialized capitalist countries
a system in which property and the means of production are collectively owned
The closest we can come in the modern world is having the state own all production
The government levies high taxes on businesses and wealthy individuals
robust social welfare programs
never happened before
socalism (socail democracy = democratic socailism)
attempts to explain persistent underdevelopment and poverty in certain regions of the world
focuses on inequalities inherent in the global economic system
import-substitution industrialization (ISI)
Economic structuralism and global trade
a country’s attempt to reduce its dependence on foreign companies through increased domestic product
import-substitution industrialization (ISI)
group size: makes the value of your vote small, higher the group number is less you want to participate
free riding: when people do not participate but reap the benefits because you know other people will do it for you
incentives for noncooperation:
collective action negatives
goal must be clear
existence of an organized structure
need to have people with certain roles
first movers
people or groups who are willing to take the first steps to move forward
ex: MLK, Malcom X, etc.
repeated scenarios
if the same individuals find themselves in the same situations with the same people, they learn how to cooperate and its beneficial
how to overcome non-cooperation
organized around grand ideas that cannot be achieved without collective action
social movements
success factors in social movement
political opportunity
organization and mobilization
forms of social movements
framing
social movements are most successful when the broader political context is receptive to the ideas of the movement
structure
you can always trace a social movement back in time
the more you repeat the idea in society the more they are receptive to the idea
political opportunity
what is structure in political opportunity
larger social forces at play during a given moment: the institutions and norms, or widely shared beliefs and practices (AKA right place, right time)
social movements cannot be sustained without a strong organizational structure in place
leader (MLK, Navalny)
centralized management
ex: HQ, people responsible for the little details (printing, scheduling, etc.)
the Internet: the “liberation technologies” or “armchair activism”
International Influence
organization and mobilization
what is the internets role in organization and mobilization
misinformation
goverment interferance
weak bonds of trust between participants
what is the international influence when it comes to organization and moblization
Diffusion: the spread of ideas, strategies, and resources across international borders
institute for Democratic and Electoral Assistance (IDEA) - social movement
advocates for fair and just elections (the US is not a part of this)
what are the forms of social movemements
non-violent/ violent
what are the non-violent ways of social movements
increases the legitimacy of the movement
constrain government’s response
what are the violent ways of social movements
once turned violent it gives the governemnt the chance to be more brutal
ways in which a social problem is defined by, presented to, and resonates with members of a social movement and society more broadly
the cause must be relatable and make society feel sympathetic towards the movement
needs to be simple
ex: “eat the rich”
must be culturally appropriate and meaningful
right place and right time
binds together psychological and emotional elements
the D in voting (voting is not rational but you love democracy, so you participate in it)
framing
What is political violence?
Deliberate infliction of harm on people motivated by political intentions
Physical
Social
Economic
Occurs to destroy or preserve the existing social and political order
The border between violence and political violence can be tricky
Ex: Mexico drug cartels (the line can be blurred)
Border of political violence
Political violence happens within one state
terrorism has become transnational since the 19190s
It might not originate in that one state
R2P (responsibility to protect)
if a state refuses to protect its own citizens, then other states and international organizations are expected to intervene
It's a hit or miss for situations
responsibility to protect
who are the participants in political violence
state, non-state actors, insurgents, Gurellia groups, terrorist
what are non-state actors
any political actors not associated with the government
what are the forms of violence
terrorism, assassinations, coups, battles, riots, explosios, protest.
the state has the monopoly on the use of violence when necessary
official government support for policies of violence, repression, and intimidation
terrorism
state-sponsored political violence
a violent act that targets noncombatants for political purposes
terrorism
who decides to use political violence
executive branch (both democratic and authoritarian regimes)
why is there less political violence in democracies
executive branch uses poltical violence → opposition actors condemns → executive leaders may be punished at the polls/ through parliaments VONC/ impeachment
what happens in non-democracies when it comes to political violence
executive uses political violence → no opposition → no free and fair elections (they are scared of punishment)
threat to the existance of the state itself
somone who is making too many waves or someone deem as troublesome for the government
very subjective and depends on the context
existential threat
violence represented in policy
the more violent and visual, the better
they do it to intimidate decent people, so they do not stand up to the government
USSR under Stalin and Germany under Hitler are example of
overt state violence
violence without formal state’s support
implict governmetn support for milita and paramilitary groups
the governmetn does something to incite violence, but they do not directly do the violence themselves
covert state violence
what is patronage model of state-sponsered terrorism
when the government funds a violent group in another country
what are the external state-sponsered political violence
patrongae model of state-sponsered terriorism
assistance model of state sponsered terrorism
unofficial hush hush activities
assistance model of state sponsered terrorism
volience perpertated by non-state political actors
actors not assocated with government
most often targets of the government itself
non-state politcal violence
what causes no state poltical violence
grievances
what is the grievances explantion
communiteis that have been deep-seated ___________ about the status of their group are more likely to rebel
what are the factors of non state poltical violence
past history of rebillons
low income among rebels
montainous terrian
natrual resource rich lands
strength of the government
the scale of destruction and participation
aim to change regime
almost entire population
rebellion and civil war
violent challenges of the government in order to bring attention to status quo witch which rebels are dissatisfied
usually minorty groups
rebellions
insurrection
insurgency
gureilla warfare
terrorism
revolutions
types of non state politcal violenc e
a sudden, often spontaneous uprising agaisnt authority or government
typically short- lived and less organized
focused on immediate grievances or symbolitc acts
may lack clear leadership or long-term goals
insurrection
prolonged, organized movement
sabatages, ambushes, attacks on military/government targets
insurgency
what is the goal of insurgency
undermine the state’s control, challenge the legitimacy of government, establish control of a territory
spanish (little war) - a form of irregular warfare where small groups use hit-and-run tactics agaisnt larger, traditonal military forces
ambushes, raids, and mobility-focused operation in difficult terrian (mountans, jungles)
guerilla warfare
what is the goal of guerilla warfare
wear down the enemy over time without direct confrontation
the use of violence against civilians or noncombatants to instill fear and achieve political aims
bombings, assasinations, hostage-taking
terrorism
what is the goal of terrorism
psychological impact; pressure governments or societies and concessions
public particpantss in the movement
public seizure of the state
rarely successful
revolutions