85 will be the minimum Flashcards

1
Q

Market Economy

A

individuals and firms exchanges goods and services without government interference.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

Capitalism

A

Market economy plus private property.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

Command Economy

A

Price, property and production controlled by the state.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

Key Point

A

Rise of modern state coincided with market economy; when the economy became a free market, individuals have freedoms

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

Essential Roles of the State

A

Providing security, establishing and enforcing property and contract rights, creating and controlling currency.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

Beneficial Roles of the state

A

infrastructure, education, healthcare and correcting market failures.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

politically generated roles

A

Those functions where the state interacts with the market due to the will of the people/ political demands.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

Causes of market failure

A

externalities, imperfect information, monopolies.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

Externalities

A

Pollution and long term health

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

Imperfect information

A

Variable interest rate mortgages and mortgage backed - securities.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

Monopolies

A

competition removed, so key efficiency is gone. can occur naturally.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

Keyneianism

A

The state could and should be more involved in economic crises and fiscal policy to minimize boom and bust cycles. Gov’t should engage in deficit spending (borrowing and spending more than revenue) in order to increase demand. Debt could be paid off once economy improves and inflation by decreasing demand.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

Stagflation

A

A problem for Keynes in that high inflation and high unemployment can’t really be corrected by more gov’t spending and borrowing…it makes the situation worse by increasing inflation.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

monetarism

A

Milton Friedman; only monetary policy can affect economic well-being in capitalism. Gov’t should be LESS involved in the economy. Gov’t should spend less and be concerned with the amount of money printed and circulated (monetary policy).

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

Comparative Advantage

A

Maximum benefit if all produce what they do best and trade with others doing the same

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

Structural adjustment programs

A

World Bank and IMF programs (loans) that require neoliberal reforms such as privatizing industry, reduced deficits, less gov’t spending, and free trade

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
17
Q

Globalism

A

has changed the role of the state in the economy. International influence and private capital alter gov’t capacity and influence.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
18
Q

Vertical Accountability

A

Between the Government and the peopl

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
19
Q

Horizontal Accountability

A

Between the branches of Government

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
20
Q

Majoritarian democracy

A

power concentrated in a single party, executive which dominates the legislature. Often single legislative branch, constitution easily amended.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
21
Q

consensus democracy

A

Multiparty executive in a coalition government, executive-legislative balance, bicameral legislatures with roughly equal power, rigid constitutions which are not easily amended

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
22
Q

Coalition Government

A

parliamentary practice requiring at least 2 parties to negotiate to rule.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
23
Q

Veto Player

A

Parties with veto power over policies and laws; SHOULD make government more horizontally accountable

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
24
Q

Head of state

A

Official, symbolic rep. of a state; speaks on behalf of the country; primary actor in world affairs; often king or president

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
25
Q

Head of Government

A

Implements and executes the laws of the land; often plays a key role in passing legislation; often a president or prime minister

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
26
Q

Parliamentarian Government

A

Oldest democratic model; no real separation between Leg. and Exec. Branches as the two are fused together; members of parliament elect a chief executive (typically PM)
When voting for your member of parliament, you are also basically voting for the chief executive due to party alliances

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
27
Q

Collective Responsibility

A

Cabinet members all agree to support legislation once introduced to Parliament, so it SHOULD pass

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
28
Q

Separation of powers

A

Functions of Exec. and Leg. Branches are clearly defined, distinct, and separate (often includes Judicial Branch too)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
29
Q

Semi presidential

A

Executive power is divided between a directly elected president and a prime minister chosen by parliament
President is Head of State WITH many governing powers as well; appoints Prime Minister with approval of parliament
Prime Minister is official Head of Government and leader of majority party/coalition
Parliament can force cabinet to resign; President can dissolve parliament and call for new elections
Splits in power must be clearly written in constitution; often President = foreign, PM = domestic

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
30
Q

Cohabitation

A

President and PM from different parties; forces compromise

31
Q

Most democratic system of government

A

In theory, Parliamentarian…because the “people’s representatives” are supreme. Presidential is more accountable horizontally and thus may actually protect democratic practices better. Coin flip in reality.

32
Q

Most effective at policy government

A

Typically Parliamentarian. Compromise is built in and gridlock can typically be avoided by dissolving/forcing elections

33
Q

Most stable government

A

Based upon evidence—Parliamentarian. History has shown that Presidential systems are dangerous to new democracies. Winner-take-all risk.

34
Q

Common Law

A

British origin; judges base decisions on written law AND past court decisions (stare decisis)

35
Q

Code Law

A

Roman and French origin (Napoleon); judges may only follow the law and make decisions based upon the written law—no real interpretation or past decisions

36
Q

Judicial review

A

The right of the courts to determine whether a law is constitutional or not; MOST democracies
Concrete (Common) or Abstract (Code)

37
Q

Judicial Independence

A

Judges must be willing and able to act independently when making decisions; there should not be undue influence from outside groups or individuals in power…KEY COMPONENT

38
Q

bureaucracy

A

provide a number of benefits to a modern state: continuity of gov’t, efficient management of resources, capacity to rule over territory and people, etc.

39
Q

Principal agent problems

A

Interest of the hired doesn’t align with that of the elected; can lead to corruption

40
Q

political appointees

A

Serve at the pleasure of the President or PM; oversee bureaucracy in a way consistent with those in power want
In democracies, legislators can limit the discretion of bureaucrats…or not.
Legislative Oversight

41
Q

Risk for bureaucracy

A

Patronage, “runaway states”, bribery, rent seeking

42
Q

Federalism

A

State’s power is legally and constitutionally divided among multiple levels of government
Why? (See blue box on pg. 293)
Larger countries can better manage large areas and populations
Limits power of a majority by adding “veto players”
Protects interests of religious and ethnic minorities; often provides for regional autonomy

43
Q

Accountability of federalism

A

Federalism allows for built in autonomy and checks & balances between branches and levels of government (Think of bicameral interests in the US)

44
Q

Devolution

A

Recent trend in federalism; decentralization of power from central gov’t to lower levels

45
Q

Electoral Systems

A

Formal, legal mechanisms that translate votes into control over political offices and shares of political power
Who votes, when, and how
Standard systems involve voting for REPRESENTATION instead of POLICIES
Key areas to compare: Elections, Parties, and Civil Society

46
Q

Rational Choice Theory

A

No rational reason; one person has no real impact

47
Q

Collective action Problem

A

Individuals make the rational decision to NOT participate because one person can’t change things, but this leads to collective suffering when all individually opt out

48
Q

Closed list elections

A

Party provides ranked list of candidates, voters vote for the party

49
Q

Open list elections

A

Voters vote for actual candidates and seats are allocated based upon party performance and given to individuals with the most votes

50
Q

Semi proportional elections

A

Voters cast ballots for a SMD representative and for a party list (proportional)
All SMD winners are seated, then seats allocated based upon overall party list votes for the nation

51
Q

Single Non transferable elections

A

Large, multimember districts where voters vote for only 1 candidate

52
Q

Alternative vote elections

A

SMD system where voters rank each candidate; after the first-place votes are counted, the lowest ranked candidate has votes reallocated based upon the voter’s second choice

53
Q

Populism parties

A

Latin American growth; socialist and promises to provide for the masses, but nationalist as well; often use ethnicity and patronage

54
Q

Conservative parties

A

strong state, nationalism, preservation of the social fabric, free market

55
Q

Christian democrats

A

centrist regarding social welfare, very conservative on social/moral issues

56
Q

liberals

A

CLASSIC liberalism, free market and limited social programs and limited government

57
Q

Socialist/social democrats

A

largely the voice of labor/workers, expanded social welfare

58
Q

Communist

A

expanded social welfare BUT only in elections until revolution occurs

59
Q

Right wing extremist

A

severe nationalism and anti-immigration

60
Q

Ecology movement

A

socialist PLUS environment first

61
Q

dominant party systems

A

Multiple parties, but the same one always wins (South Africa & ANC)

62
Q

Two party system

A

Multiple may exist, but only 2 are actually in contention (US and UK)

63
Q

two and a half party system

A

Two dominate, but typically they need the third party to join and form a coalition to govern (Germany & UK)

64
Q

multiparty system

A

Um, multiple parties
Why different systems?
Economic battle between capital and labor
Religious battle between Protestant and Catholic
Duverger’s Law

65
Q

Civil Society

A

The layer of organized political activity between the state and individuals/families/firms
Trade unions, business groups, farmers groups, etc.
Collective action increases influence

66
Q

Pluralism

A

Many groups represent a variety of interests and the government remains neutral towards these groups

67
Q

Corporatism

A

(Societal or Neocorporatist here) Multiple smaller, local groups align under a few PEAK ASSOCIATIONS which work closely with government to develop policy; these peak associations are officially recognized by government

68
Q

Social Movement

A

A component of civil society where citizens perceive inadequate representation and inequality in politics and government. These individuals work together to seek socioeconomic or political changes through collective action (but outside of established, organized interest groups).

69
Q

Social Capital

A

Networks of people and social norms created through interaction…with real people

70
Q

Authoritarian executive branch

A

Almost always a Supreme Leader with few limitations on power; often consults with top leaders from the party/regime

71
Q

Tools of control in authoritarian regime

A

Repression, Co-optation, Efforts at Legitimation…and always “security”
Personal security is of utmost importance; often form a special military wing to provide it

72
Q

Dictators dilemma

A

Repression creates fear, which breeds uncertainty about actual support of the ruler, so the paranoia leads to making irrational choices and spending too much to try to ensure support
Spies, intelligence, secret police, etc.

73
Q

Means of maintaining control

A

Repression: Expensive but effective
Buying Loyalty: As discussed under dictator’s dilemma, paranoia is especially strong in those who came to power by military overthrow
African roads example—build support with your base
Institutionalized Corruption
Co-Optation: Utilize formal institutions such as a legislature or bureaucracy to “keep your enemies closer”
Allows for controlled dissent and perception of access/influence among opposition and minority groups
In legislature, opposition typically has little real power (Kenya)
Legitimation: Institutions without real power