SOC 1105 Lecture Notes - Lecture 3: Skin Whitening, False Advertising, Insider Trading
31 Mar 2018
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Why is agenda setting in politics important: mass media influences politicians and policymakers, subordinate individuals may desire change but feel it is useless to try leading to inactivity. Ability of a power holder to keep challenges from arising in the first place. Capacity of a power holder to convince subordinate groups that it is in their best interests to support the status quo. Includes all formal political institutions and legal system of any society. Alters balance of power among individuals, groups, and within society through policies and programs. (ex: marijuana becoming legal) Enforces contracts to help make a market economy work. How do states regulate economy: laws and policies to prevent large corporations from driving smaller competitors out of business. Montebello: there can be no chain stores in there. Martha stewart sold 200 000$ of stock because she knew it was going to crash the next day: false advertising.
