Lecture09 - Associationalism in an Era of Democratic Ascendancy The Great Depression the NIRA and America's First New Deal Limits of Voluntarist

Info iconThis preview shows pages 1–12. Sign up to view the full content.

View Full Document Right Arrow Icon
Associationalism in an Era of  Associationalism in an Era of  Democratic Ascendancy Democratic Ascendancy The Great Depression, the NIRA, and  America’s First New Deal
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Limits of Voluntarist Limits of Voluntarist Associationalism Associationalism Associationalism devoted to creating a more rationalized market economy Moderate the economic ills of modern capitalism Manage the ups and downs of the business cycle
Background image of page 2
Limits of Voluntarist Limits of Voluntarist Associationalism Associationalism Associationalism devoted to creating a more rationalized market economy Moderate the economic ills of modern capitalism Manage the ups and downs of the business cycle Do so by addressing the root problems of Excess capacity; cutthroat competition; wage and price cutting; a weak consumer demand
Background image of page 3

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Limits of Voluntarist Limits of Voluntarist Associationalism Associationalism What do you do when your ability to produce outstrips market’s capacity to absorb Enormous downward pressure on prices, costs, wages, solvency
Background image of page 4
PROFITLESS PROSPERITY” PROFITLESS PROSPERITY” The Imbalance b/w Supply and Demand The Imbalance b/w Supply and Demand CUTTHROAT COMPETITION OVERPRODUCTION FALLING UNEMPLOYMENT DECLINE IN (EXCESS CAPACITY) PRICES CONSUMER DEMAND COST WAGE CUTS (UNDERCONSUMPTION) PRESSURES PROFIT SQUEEZE HOURS CUTS BANKRUPTCY
Background image of page 5

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Limits of Voluntarist Limits of Voluntarist Associationalism Associationalism In addition, associationalism also committed to identifying regulatory strategies consistent with American antistatist tradition
Background image of page 6
Limits of Voluntarist Limits of Voluntarist Associationalism Associationalism In addition, associationalism also committed to identifying regulatory strategies consistent with American antistatist tradition Self-regulation through voluntary and cooperative business associations
Background image of page 7

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Limits of Voluntarist Limits of Voluntarist Associationalism Associationalism In addition, associationalism also committed to identifying regulatory strategies consistent with American antistatist tradition Self-regulation through voluntary and cooperative business associations Federal government plays supportive, non- coercive role
Background image of page 8
Limits of Voluntarist Limits of Voluntarist Associationalism Associationalism Associationalism’s effectiveness depends heavily on voluntary cooperation Govt officials/industry leaders persuading majority of firms that in economic self-interest to abide by industry standards
Background image of page 9

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Limits of Voluntarist Limits of Voluntarist Associationalism Associationalism Associationalism’s effectiveness depends heavily on voluntary cooperation Govt officials/industry leaders persuading majority of firms that in economic self-interest to abide by industry standards Where business calculates differently, few enforcement mechanisms to alter behavior
Background image of page 10
Limits of Voluntarist Limits of Voluntarist Associationalism Associationalism
Background image of page 11

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 12
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 04/02/2008 for the course POL SCI 147C taught by Professor James during the Winter '08 term at UCLA.

Page1 / 86

Lecture09 - Associationalism in an Era of Democratic Ascendancy The Great Depression the NIRA and America's First New Deal Limits of Voluntarist

This preview shows document pages 1 - 12. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online