Firstday--big_lecture - ISS 225 First Day of Class I...

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ISS 225: First Day of Class Introduce self 1 I am Tom Hammond, Professor of Political Science 2 I have taught ISS 225 for the past 15 years or so. 3 Indeed, I initially designed the course for the Integrative Studies Center, and I personally wrote the language that you see in the Description of Courses catalog. 4 The course is in many ways my favorite class to teach: 5 The prime reason is that the course involves a subject which I have come to consider one of the most fascinating subjects in the world of political economy. 6 It is also one of the most important subjects, not only academically but practically -- out there in the real world -- as well. 7 It involves you as citizens of a country, and you as consumers in a market. 8 It involves government leaders, and it involves international relations. 9 The subject is this, phrased as a question: 10 Why do democracies always have capitalist economic systems? 11 By "democracy" I mean a system of government in which government leaders can be replaced in regularly scheduled elections,
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and in which citizens have extensive civil rights and civil liberties. 12 Civil rights involve, among other things, the right to vote. 13 Civil liberties involve, among other things, the right of free speech, and the rights of a free press. 14 By "capitalism" I mean an economic system in which business firms are privately owned (for the most part) and in which economic exchanged occurs (for the most part) through free and competitive markets. 15
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Firstday--big_lecture - ISS 225 First Day of Class I...

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