POLSCI 3B03 Lecture Notes - Richard Stubbs, Chalmers Johnson, Making Money
11 Nov 2013
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Different analysts have viewed the developmental state in slightly different ways. Market conforming: where as amsden talks about market distorting, depends on industrial structure; In north america; we know what part is public and what part is private; In the developmental state; the private and public is blurred; state is involved in the economy; military can be involved in the economy. State ideology of paternalistic capitalism: state agencies in the 50s and 70s all banks were owned by the state, state ran the capitalist sector; in a sense in a paternalistic way; the state knows best . In north america and in europe; we have a different notion of legitimacy. The process by which they get into power that s really important; input or. Process legitimacy; it is the legitimacy that governments obtain; and as such get to be governments: output performance; people accept they are legitimate because they provide economic prosperity, social stability and external.
