POL111H5 Chapter Notes -Public Citizen, Business Cycle, Joseph Schumpeter
Document Summary
Chapter 1 & 3 - basic political concepts. It"s an ideal: after the cold war democracy grew ad expanded readily globally. Democracy and expertise: can bring stability to historically divided societies b/c each group can aim to secure a share of power through elections. Short term: prone to underweight events (after election, amplification of the business cycle (boost to the economy) Decision-making: offers greater predictability and stability for the longer term, reduces uncertainty about outcome and future policy that elections creates for potential investors, democracy is flexible and has changed throughout time. Forms of democracy: direct (participation) democracy. Citizens themselves are the primary agents for reaching collective decisions. Greek demokratia rule (kratic) by the people (demo) Open both to public good and varied interest or opinions (from small to large communities) Ex/ athens (polis = city community ) Selection by lot for a specific case from panel of volunteers. For society would have schooled them to participate.
