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Investment Theory Of Party Competition
The Investment theory of party competition is a political theory developed by Thomas Ferguson (academic), Thomas Ferguson, Emeritus Professor of Political Science at the University of Massachusetts Boston. The theory focuses on how business elites, not voters, play the leading part in political systems. The theory offers an alternative to the conventional, voter-focused, Political realignment#Realignment theory, Voter Realignment theory and Median voter theorem, which has been criticized by Ferguson and others. History The ''Investment Theory of Party Competition'' was first outlined by Thomas Ferguson in his 1983 work ''Party Realignment and American Industrial Structure: The Investment Theory of Political Parties in Historical Perspective''. The theory is detailed most extensively in Ferguson's 1995 book ''Golden Rule: The Investment Theory of Party Competition and the Logic of Money-driven Political Systems'', in which his earlier work is republished as a chapter. Overview Fergus ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Political Theory
Political philosophy studies the theoretical and conceptual foundations of politics. It examines the nature, scope, and legitimacy of political institutions, such as states. This field investigates different forms of government, ranging from democracy to authoritarianism, and the values guiding political action, like justice, equality, and liberty. As a normative field, political philosophy focuses on desirable norms and values, in contrast to political science, which emphasizes empirical description. Political ideologies are systems of ideas and principles outlining how society should work. Anarchism rejects the coercive power of centralized governments. It proposes a stateless society to promote liberty and equality. Conservatism seeks to preserve traditional institutions and practices. It is skeptical of the human ability to radically reform society, arguing that drastic changes can destroy the wisdom of past generations. Liberals advocate for individual rights and libe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1980 United States Presidential Election
United States presidential election, Presidential elections were held in the United States on November 4, 1980. In a landslide victory, the Republican Party (United States), Republican ticket of former California governor Ronald Reagan and former Director of Central Intelligence George H. W. Bush defeated the Democratic Party (United States), Democratic ticket of incumbent President Jimmy Carter and Vice President Walter Mondale and the Independent (United States), Independent ticket of Congressman John B. Anderson and former Ambassador to Mexico Patrick Lucey. Because of the rise of Conservatism in the United States, conservatism after Reagan's victory, many historians consider the election a political realignment. Carter's unpopularity, his poor relations with Democratic leaders, and the poor economic conditions under his administration encouraged an unsuccessful 1980 Democratic Party presidential primaries, intra-party challenge from Massachusetts Senator Ted Kennedy. Meanwhi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Noam Chomsky
Avram Noam Chomsky (born December 7, 1928) is an American professor and public intellectual known for his work in linguistics, political activism, and social criticism. Sometimes called "the father of modern linguistics", Chomsky is also a major figure in analytic philosophy and one of the founders of the field of cognitive science. He is a laureate professor of linguistics at the University of Arizona and an institute professor emeritus at the Massachusetts Institute of Technology (MIT). Among the most cited living authors, Chomsky has written more than 150 books on topics such as linguistics, war, and politics. In addition to his work in linguistics, since the 1960s Chomsky has been an influential voice on the American Left, American left as a consistent critic of U.S. foreign policy, Criticism of capitalism, contemporary capitalism, and Corporate influence on politics in the United States, corporate influence on political institutions and the media. Born to Ashkenazi Jew ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Propaganda Model
The propaganda model is a conceptual model in political economy advanced by Edward S. Herman and Noam Chomsky to explain how propaganda and systemic biases function in corporate mass media. The model seeks to explain how populations are manipulated and how consent for economic, social, and political policies, both foreign and domestic, is "manufactured" in the public mind due to this propaganda. The theory posits that the way in which corporate media is structured (e.g. through advertising, concentration of media ownership or government sourcing) creates an inherent conflict of interest and therefore acts as propaganda for anti-democratic elements. First presented in their 1988 book '' Manufacturing Consent: The Political Economy of the Mass Media'', the propaganda model views corporate media as businesses interested in the sale of a product—readers and audiences—to other businesses (advertisers) rather than the pursuit of quality journalism in service of the public. Des ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Money Loop
"Follow the money" is a catchphrase popularized by the 1976 docudrama film ''All the President's Men'', which suggests political corruption can be brought to light by examining money transfers between parties. Origin For the film, screenwriter William Goldman attributed the phrase to Deep Throat, the informant who took part in revealing the Watergate scandal. However, the phrase is mentioned neither in the non-fiction book that preceded the film nor in any documentation of the scandal. The book has the phrase "The key was the secret campaign cash, and it should all be traced," which author Bob Woodward says to Senator Sam Ervin. History The phrase ''Follow the money'' was mentioned by Henry E. Peterson at the 1974 Senate Judiciary Committee hearings as Earl J. Silbert was nominated to U.S. Attorney. A 1975 book by Clive Borrell and Brian Cashinella, ''Crime in Britain Today'', also uses the phrase. Since the 1970s, "follow the money" has been used several times in investigative ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Elite Theory
In philosophy, political science and sociology, elite theory is a theory of the State (polity), state that seeks to describe and explain power relations in society. In its contemporary form in the 21st century, elite theory posits that (1) power in larger societies, especially nation-states, is concentrated at the top in relatively small elites; (2) power "flows predominantly in a top-down direction from elites to non-elites"; and (3) "the characteristics and actions of elites are crucial determinants of major political and social outcomes". (At pp. 12-13.) The concept of the "elite" in this context goes beyond politicians or other leaders who wield the formal power of the state. Through positions in corporations, influence over policymaking networks, control over the financial support of foundations, and positions with think tanks, university, universities, or other policy-discussion groups, members of the elite exert significant power over corporate, government, and societal deci ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cash For Honours
The Cash-for-Honours scandal (also known as Cash for Peerages, Loans for Lordships, Loans for Honours or Loans for Peerages) was a political scandal in the United Kingdom in 2006 and 2007 concerning the connection between political donations and the award of life peerages. A loophole in electoral law in the United Kingdom means that although anyone donating even small sums of money to a political party has to declare this as a matter of public record, those loaning money at commercial rates of interest did not have to make a public declaration. In March 2006, several men nominated for life peerages by then Prime Minister Tony Blair were rejected by the House of Lords Appointments Commission. It was later revealed they had loaned large amounts of money to the governing Labour Party, at the suggestion of Labour fundraiser Lord Levy. Suspicion was aroused by some that the peerages were a '' quid pro quo'' for the loans. This resulted in three complaints to the Metropolitan Pol ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Campaign Finance
Campaign financealso called election finance, political donations, or political financerefers to the funds raised to promote candidates, political parties, or policy initiatives and referendums. Donors and recipients include individuals, corporations, political parties, and charitable organizations. Political campaigns usually involve considerable costs, travel, staff, political consulting, and advertising. Campaign spending depends on the region. For instance, in the United States, television advertising time must be purchased by campaigns, whereas in other countries, it is provided for free. The need to raise money to maintain expensive political campaigns diminishes ties to a representative democracy because of the influence large contributors have over politicians. Although the political science literature indicates that most contributors give to support parties or candidates with whom they are already in agreement, there is wide public perception that donors expect gover ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
An Economic Interpretation Of The Constitution Of The United States
''An Economic Interpretation of the Constitution of the United States'' is a 1913 book by American historian Charles A. Beard. It interpreted the early history of the United States from the lens of class conflict, arguing that the Constitution of the United States was structured to financially benefit the Founding Fathers. Summary ''An Economic Interpretation of the Constitution of the United States'' argues that the structure of the Constitution of the United States was motivated primarily by the personal financial interests of the Founding Fathers. Beard contends that the authors of ''The Federalist Papers'' represented an interest group themselves. More specifically, Beard contends that the Constitutional Convention was attended by, and the Constitution was therefore written by, a "cohesive" elite seeking to protect its personal property (especially federal bonds) and economic standing. Beard examined the occupations and property holdings of the members of the convention fro ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Franklin D
Franklin may refer to: People and characters * Franklin (given name), including list of people and characters with the name * Franklin (surname), including list of people and characters with the name * Franklin (class), a member of a historical English social class Places * Franklin (crater), a lunar impact crater * Franklin County (other), in a number of countries * Mount Franklin (other), including Franklin Mountain Australia * Franklin, Tasmania, a township * Division of Franklin, federal electoral division in Tasmania * Division of Franklin (state), state electoral division in Tasmania * Franklin, Australian Capital Territory, a suburb in the Canberra district of Gungahlin * Franklin River, river of Tasmania * Franklin Sound, waterway of Tasmania Canada * District of Franklin, a former district of the Northwest Territories * Franklin, Quebec, a municipality in the Montérégie region * Rural Municipality of Franklin, Manitoba * Franklin, Manitoba, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
General Electric
General Electric Company (GE) was an American Multinational corporation, multinational Conglomerate (company), conglomerate founded in 1892, incorporated in the New York (state), state of New York and headquartered in Boston. Over the years, the company had multiple divisions, including GE Aerospace, aerospace, GE Power, energy, GE HealthCare, healthcare, lighting, locomotives, appliances, and GE Capital, finance. In 2020, GE ranked among the Fortune 500, ''Fortune'' 500 as the 33rd largest firm in the United States by gross revenue. In 2023, the company was ranked 64th in the Forbes Global 2000, ''Forbes'' Global 2000. In 2011, GE ranked among the Fortune 20 as the 14th most profitable company, but later very severely underperformed the market (by about 75%) as its profitability collapsed. Two employees of GE—Irving Langmuir (1932) and Ivar Giaever (1973)—have been awarded the Nobel Prize. From 1986 until 2013, GE was the owner of the NBC television network through its ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Standard Oil
Standard Oil Company was a Trust (business), corporate trust in the petroleum industry that existed from 1882 to 1911. The origins of the trust lay in the operations of the Standard Oil of Ohio, Standard Oil Company (Ohio), which had been founded in 1870 by John D. Rockefeller. The trust was born on January 2, 1882, when a group of 41 investors signed the Standard Oil Trust Agreement, which pooled their securities of 40 companies into a single holding agency managed by nine trustees. The original trust was valued at $70 million. On March 21, 1892, the Standard Oil Trust was dissolved and its holdings were reorganized into 20 independent companies that formed an unofficial union referred to as "Standard Oil Interests." In 1899, the ExxonMobil, Standard Oil Company (New Jersey) acquired the shares of the other 19 companies and became the holding company for the trust. Jersey Standard operated a near monopoly in the American oil industry from 1899 until 1911 and was the largest corp ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
