4. Political Ideologies & Beliefs Flashcards
Political socialization
Transmission of political culture from one generation to the next
Political culture
Set of attitudes, beliefs, and values that motivate political processes and behaviors within political system, ex:
- Liberty
- Equality
- Rule of law
Salience
High degree of public interest in issue
Political ideology
Ex:
- Liberalism
- Conservatism
- Capitalism
Core beliefs
Ex:
- Individualism
- Free enterprise
- The American Dream
Rule of law
- Standardization of rules that every person is required to follow
- Foundation of constitutional government
Limited government
Government’s power and authority over its people has limitations
Individualism
Every person has the right to live their life as they see fit
Collectivism
Society is the primary unit of concern
Agents of political socialization
- Family
- Friends
- Education
- Mass media
- Religion
Equality of opportunity
Regardless of socioeconomic position, everyone should be able to access education, employment, housing, etc
Random digit dialing (RDD)
- Most common means of obtaining scientific sample for decades
- Has become increasingly expensive
Registration-based sampling (RBS)
Taken from voter registration; more efficient
Opinion polls
- Designed to measure the public’s view regarding political topics of interest
- I.e. Gallup
Benchmark polls
- First used in campaigns
2. Gauge opinions to help develop platform
Tracking polls
Measure changes in opinion over time
Entrance polls
Taken before voter enters voting booth
Exit polls
Taken immediately after voters cast votes
Qualities of public opinion
- Direction
- Intensity
- Saliency
- Fluidity
- Stability
- Latency
Direction
Trends in answering questions, i.e. left or right
Intensity
How strongly people feel about important issues
Fluidity
Change in opinion over a short period of time
Stability
Consistency of public opnion
Latency
Underlying opinions that are not openly expressed but can by triggered by certain actions
Social desirability bias
Voters might not be forthright in exit polls
Wealth of Nations
1776
- Adam Smith
- Humans are self-interested
- Free market without government intervention
Demand-side economics
- Keynesian economics
- Inefficiencies in economy produce volatility in aggregate demand
- Can be addressed using fiscal policy and monetary policy
- New Deal
Demand-side: demand is low
Government should:
- Spend more
- Reduce taxes
- Reduce interest rate
Demand-side: inflationary spiral
Government should:
- Reduce spending
- Raise taxes
- Increase interest rates
Supply-side economics
- AKA trickle-down economics
- Economy is stimulated at the production end
- Lowering taxes and deregulating induces private businesses to invest more in expansion and modernization
- Reagan & Bush I
Role of the Fed
Use the money supply to support economic stability by controlling inflation and unemployment
Federal Open Market Committee
Policymaking body within Fed