POSC 182 Lecture 14 2010

POSC 182 Lecture 14 2010 - POSC 182: Politics and Economic...

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POSC 182: Politics and Economic Policy Unit 2: Political Regimes and Economic Systems Lecture 14: Political Regimes February 5, 2010
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Economic Policy Regimes Laissez Faire “Growth will lift all boats” (trickle down economics) Antitrust Generally against intervention, but acknowledges monopolistic market failure Too little competition Regulatory – Pro market, but acknowledges that markets may not be equitable and have negative externalities Mixed Economies Generally market-based system, but government owns certain industries Command Economies Communism: No elections. Economy controlled by an elite vanguard
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Political Regimes Democratic Regimes Contested elections Parties can lose elections and result is irreversible Elected leaders do not answer to someone else that has not been elected. In other words, government is responsible either: – Directly to voters – Or, to a parliament elected by voters Authoritarian Regimes (Dictatorships) Elections are not contested And/or Leaders answer to someone who has not been elected (Przeworski, et al)
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Political and Economic Regimes Laissez Faire Economy
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This note was uploaded on 10/05/2010 for the course POSC 182 taught by Professor Schuelenberg during the Spring '08 term at UC Riverside.

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POSC 182 Lecture 14 2010 - POSC 182: Politics and Economic...

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