PO102 Lecture Notes - Lecture 3: Human Capital

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17 Jan 2018
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Whose governing institutions have the ability to make rules. And the rules are binding on the population that resides in the territory. The institution that claims the legitimate use of force in enforcing its order within a given territorial area (max weber) 3 historical markers: the peace treaty of westphalia, the french revolution, the industrial revolution and capitalism, the peace treaty of westphalia (1648) Sovereign states emerge in 15th and 16th century europe. Replace feudalism: authority shared by church and monarch. Treaty of westphalia: end of a 30 year war. Agreement that each state would decide the religion of its people. Religion was an internal matter that would be respected. Feudalism is replaced: the french revolution (1789) After revolution= sovereignty rests with the people, parliament, or some combination. The state begins to be viewed as an independent structure of laws and institutions that rulers are entrusted to administer on behalf of the community : capitalism and the industrial revolution.

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