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Came into question and the nature of the economy

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came into question and the nature of the economy changed in response to technology, many argue that we are now in a period where new elite has emerged based on those who control technology and information. B. Conclusion Political conflict in America has centered on a narrow range of issues. Consensus rather than conflict has characterized America’s elite history. Whatever the popular political label has been (Federalist, Democrat, Whig, Republican, Progressive, Conservative, Liberal) America’s leadership has been essentially conservative. Policy changes, even those seemingly as revolutionary as the New Deal, did not cause any serious break in the ideals and values of the American system; nor did they result from demands by the people. Instead policy changes, including the New Deal, occurred when events threatened the system; governing elites, acting on the basis of enlightened self-interest, instituted reforms to preserve the system. Even reforms and welfare policies of the New Deal were designed to strengthen the existing social and economic fabric of society while minimally dislocating elites. 6
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ISS 225 Power, Authority, Exchange History Power Relations in U.S. History (Textbook) 7 Era of Founders - American Aristocracy - Charles Beard Western Elites - Jacksonian Democracy - Self-made elites - New Western wealth - Open elite system Elite Conflict - Civil War - Elite consensus breaks down - N – manufacturing based elite - S – plantation based elite - Lincoln wanted W for N Industrialization - Industrial Capitalists - Social Darwinism - Corporate elites - Monopolies Liberal Establishment - Depression - Need for elite reform - Public-regarding elite - Regard for welfare - Elite dominance and capitalism preserved by helping public Information Age - Change in elite status determined by: - Control of technology and information - Service orientations - Dot-coms
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ISS 225 Power, Authority, Exchange History Video: Okay, this is an obvious choice to end this lecture, but just sit back and enjoy the music and the rather dramatic images: http://www.youtube.com/watch?v=cCxoXew_aIE Important Terms: History Great Man approach Democratic Institutions approach Critical approaches Power elite Charles Beard Founders Jacksonian Democracy Social Darwinism Great Depression/New Deal Liberal establishment 8
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