POLI 243 Lecture Notes - Lecture 16: Solid South, Grover Cleveland, Campaign Finance In The United States

• School: McGill University
• Department: Political Science
• Course: POLI 243
• Professor: Mark Brawley

Document Summary

Prez mckinley and vp hobart protectionism and sound money, dominating republican election. Endowment of the factors of production (h-o model): abundant land developing the midwest, scarce capital and labor 1900 us becomes relatively rich in capital. Predicted cleavages (economic models): analytical liberal approach, distribution of preferences within the country, what"s the country"s overall goal: stolper-samuelson: urban-rural cleavage landowners (farmers want free trade), locally scarce factors of production prefer protection. Wheat and cotton, agricultural exports, manufacture imports. Capital and labor concentrated in the cities: sector specific approach: Land-intensive agriculture (wheat) -- prefer free trade vs. capital (dairy)/labor-intensive (swine, veggies) goods prefer protectionism. Less parsimonious: intra-industry firm heterogeneity: cleavages in sectors (more vs less efficient producers) Canadian tories had a majority in parliament and wrote/ passed tarrifs: economic interests --. Aggregate interests --> compete to control government (transparent elections) Congress, house of representatives, senate, president based on electoral college. South and midwest back free trade (cotton and grain farmers),