PO101 Lecture Notes - Lecture 3: Joseph Schumpeter, Monetary System, North American Free Trade Agreement
4 Oct 2020
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Document Summary
Plato aristotle machiavelli on human nature and good government; socratic method; political realism. Human security for citizens: counter terrorism. Provide political framework: for participation in politics, protection of fundamental rights, for decision- making. Economic framework: monetary system, infrastructure, market regulations. Social framework: services (health education) redistribution of wealth typology of the state lomoar cpsd| 5490467. Democracy: political power is widely distributed and it rests with the people. Democracy ideals: popular sovereignty: people are source of all political power; have right to overrule other bodies. Ideal of rule by people has emerged gradually. French and american revolutions; great law of six nations- more public involvement needed. Direct democracy: a form of democracy in which most or all people participate directly in governing. Representative democracy: a form of democracy whereby the people elect others to make decisions on their behalf. And these are rooted in competing theories of democracy. Democratic elitism- elites are protectors of democracy (schumpeter)
