By Jay R. Mandle
This booklet addresses the worries of readers who settle for some great benefits of globalization and technological swap, yet search to opposite the tendency towards source of revenue inequality that every produces. executive guidelines can mitigate that end result. yet rules to offset inequality are usually not insisted upon through the voters as the public believes our approach of personal donations to political campaigns leads to the govt. mostly serving the pursuits of the rich. Adopting a process of public investment of electoral campaigns is important if egalitarian financial guidelines are to be followed.
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Extra info for Democracy, America, and the Age of Globalization
S. Congress sets off the American system from the rest. ”8 6 7 8 without legal spending limits . . ” David K. com. ), Foundations for Democracy: Approaches to Comparative Political Finance (Baden-Baden: Nomos Verlagsgesellschaft, 2001), p. 10. , p. 401. Nassmacher, “Comparative Political Finance,” p. 16.
Increased domestic income disparities reflect the failure to adjust sufficiently to new circumstances. Educational and training programs have not kept up with changes in the labor market. The problem here is that it is not possible to anticipate the knowledge that new technologies require before those technologies appear. Similarly, it is all but impossible to know in advance the skill requirements of the industries that could absorb the workers displaced by globalization. As a result, education and training programs must always play catch-up.
One possibility is that that this political failure simply reflects the preferences of the electorate. It might be that there is a powerful popular consensus in the country that believes that redistributive policies are wrong in principle and should be eschewed. If that is the case, our uneven income distribution would reflect the democratic will of the people. S. welfare state, Albert Alesina, Edward Glaeser, and Bruce Sacerdote argue precisely this case. Their claim is that the American people do not support income transfers because they believe that the poor are undeserving of support.