Term
| What is the basis of this chapter? |
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Definition
Provides brief case study of Polyani's double movement, on the part of the state,
toward and then away from involvement in the economic realm
Focus is on the American century |
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Term
| Three levels of government across the 20th century |
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Definition
UNinvolved State
Involved State
Distracted State |
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Term
What is the UNinvolved State?
With Property protection, how did government support economic grown between end of civil war and turn of century?
How was labor regulated and when did it end? |
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Definition
Involvement in private lives was low, while involvement in business affairs was aimed at making conducting business easier
-elimination of trade restraints (protecting property rights)
-prevention of disruption (regulation of labor)
-Protection from external threats (projection of military)
Property Protection
-Military Intervention
--Access to China
---Phillippines and Spanish American War
---Nicaragua
---Haiti
---Mexico
--Early emergence of Communism
-Infrastructure
--Financial acition for building transportation system
--Police protection of private capital
-Business regulation
--Progressive era paradox
---Economic expansion(fluctuation and great Depression
---Social disruption
---Progressive movement reaction, such as
----Small businesses and many ACTS
Labor was regulated by:
-Repression of workers
--Unions, no legal standing, Strikes not legal, Governement intervened violently, Wobblies
-Courts
-Machine politics
Also included relief to the poor (undeserving vs deserving)Non-govt relief providers
ENDED IN DEPRESSION OF 1929 |
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Term
| What are the MAIN POints of the INVOLVED state? |
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Definition
Resulted from NEW DEAL social institutions and military industrial institutions
GOAL-to develop policy to protect economy from depression type disasters
Areas of state involvement
Regulation of Banking
Worker protection
Welfare programs
Economic Stimilus
Accord changed labor/capital relationship
Citizenship wage-citizenship gives min economic stability
Many programs-SOc Security
Social Insurance
Public Assistance
Use of Warfare:
-Use of military industrial complex as tool of economic growth
Fueled by Cold War and fear of social unrest
Tensions which emerged
-Markets vs Citizen's rights
-Moral Conflicts
Ended in 1980's. |
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Term
| What was/is the DISTRACTED state? |
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Definition
Diminished state activity to provide for disadvantaged
Causes:
Globalization
-Budget Deficit
-Former Soviets turned to US instead of Soviet Union
Emergence of powerful transnational corporations in conflict with govts
Less ability for US to deal with instability
Global markets no longer as easy to control because of many actors and increased complexity
Fiscal Crisis-Gap between REQUIRED FUNDS AND NEEDED EXPENDITURES
-Economy now and health care
Technology-has grown faster than government's ability to regulate it
-Many environ problems caused by new tech are GLOBAL IN NATURE AND STATE INSTUTIONS HAVE DIFFICULTY ADDRESSING THEM-global warming
New Social Movements
-two parties more diverse and party identity weaker
---Now focused more on single issues(life, gays, women's movement) |
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