POL203Y1 Final: All Lectures of 2nd Semester.doc
9 Apr 2013
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Document Summary
The supreme courts job is to make sure that people know what the law is. On of the largest differences in both models is what equates to the social safety net- welfare state. Peak level bargaining is characterized through the german model. Training is a more dangerous decision in the us due to a high worker turnover ratio. Social- more training, better unions, harder to fire people. Liberal market economies typically do better for job creation. Easier to sustain growing inequality while it is dynamic and has low levels of unemployment. Growing inequality may not be salient during a time of economic growth. It is a combination of the tax system, union decline, technology/skills and executive compensation/finance that all contribute to growing inequality in the united states. Cultural explanation- people working harder and wanting to emulate the success of steve. Jobs can also lead to rising levels of inequality.
