INTB 1209 Study Guide - Midterm Guide: Totalitarianism, Social Democracy, Market Economy
18 Feb 2020
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Chapter 2: national differences in political, economic, and legal systems. Political economy: political, economic and legal systems of a nation. Assesed by the extent to which: emphasize collectivism vs. individualism. Collectivism: the importance of collective goals above personal. Property should be common (no private property) Individual freedom not viewed as of main concern: socialism: created by karl marx. Advocates for state-owned enterprise and planning: communism: socialism achieved through violent revolution, social democracy: democratically achieved socialism. People"s self-interest will achieve the best for society. Pushes for democracy and free markets: are democratic vs. authoritarian. Pushes for: freedom of expression, speech, media, access to information and transparency overall. Main features: repression, no elections, censorship, low respect for human rights. Nowadays it takes on four key forms: communist totalitarianism: socialist dictatorship, theocratic totalitarianism: religious dictatorship, tribal totalitarianism: a tribe monopolizes power, right-wing totalitarianism: economic freedom is allowed, but not political one.
