POL326Y1 Lecture Notes - Technostructure
Document Summary
Transitions had a great deal to do with the dominant institution of modern capitalism (the modern corporation: who controls these companies, the owners, the shareholders, us became a bureaucracy, division of labor, hierarchy. Refers to the idea of the assembly line: made jobs so simple and needed little training, therefore many immigrants became useful in such businesses, corporations can no longer take markets for granted, need to respond to changes in demand, need to make investment before they can produce products, aggregate supply vs. aggregate demand. Intelligence community: all of these institutions need to defend their budgets, research and development requires growth within the government just like it does within private industry, eisenhower, then kennedy wanted the best and the brightest to run their defense departments, consolidation of the system of modern capitalism took place in the 1930s and through.