Unit 7: Reconsidering American Government
Political economy approach:
we accept everything but there are 3 persistent inequalities
(wealth, race/ethnicity, and gender)
Main inequality is economy inequality
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Democratic Capitalism: system that divides power between democratic state and
capitalist economy.
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Corporate capitalism: a marketplace characterized by dominance of hierarchy
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Workers
mainly wants jobs to get money
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Capitalists
wants profits to reinvest and run their business
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Workers and capitalist have to get along since capitalist give jobs to workers
