08 US Political Structure and Labor-Business Balances (Jan 26)

08 US Political Structure and Labor-Business Balances (Jan 26)

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US POLITICAL STRUCTURE AND LABOR- BUSINESS BALANCES Soskice: Lack of “coordinating capacity” on part of business means lack of labor market coordination as well Alternative view: Gov’t policy and politics independently influence shape of, strength of business and labor influence in markets and in political system US political system: key features a. Decentralized: Federalism b. Checks and balances: Empower minorities, break majorities; c. Strong property rights guarantees d. SMD—2 parties. “majoritarian” e. Large country, low trade dependency
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Unformatted text preview: f. Pluralism: No favoritism between groups, government at arms length, groups compete for political influence g. Consequences: Pol system favors groups who dont need govt to do anything; groups whose claims satisfied at lower levels of govt; small groups over large (diseconomies of scale), groups with narrow demands over those with broad demands h. Explains lack of coordinating capacity on part of business (and labor)? Note, however, British system different, but coordinating capacity also low...
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This note was uploaded on 04/18/2011 for the course POLI 126AA taught by Professor Ellencomisso during the Spring '11 term at UCSD.

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08 US Political Structure and Labor-Business Balances (Jan 26)

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