PSC 101 Lecture Notes - Lecture 1: Kleptocracy, Theocracy, Authoritarianism
Document Summary
Usa uses a democracy with a market economy to solve issues. Democratic socialism- popular support for socialist policies via elections. Authoritarian socialism- socialist policies pursues via authoritarian control. Centrally planned economy (command economy)- govt determined (direct or indirect) production, prohibits economic activity and/or competition. Democracy and market economies are similar because they disperse power. Highly distorted representational linkage in its democracy. Slow economic growth due to macro-level factors and flawed policy with extreme gerrymandering, low voter turnout, electoral college, us senate disproportionate wealth accruing to top.