PPGC67H3 Lecture Notes - Social Partnership, Milton Friedman, Monetarism
Document Summary
Social learning: the principle contribution of a social learning perspective is to draw attention to the role of ideas in politics and policy, key issues: How do ideas fit into the policy process. The most important influence in learning is previous policy. Protest parties were penalized by the first-past the post system. Senior civil servants played a large role in the policy commissions that examined options. = counter-cyclical policy instruments preferred were not public spending but rather corporate tax cuts and automatic stabilizers. Business remained content to defer to the technocratic experts and labour lacked the organizational capacity to the national level. 1970s: policy paradigms emerging from the confusion of the 1970s were neoliberalism and progressive competitiveness, pc truly important failures occurred on the economies supply side. The strategy for correction is not enhancement of the states expertise but rather social partnerships among labour and business.