POLS 207 9TH Edition Lecture 8 Outline of Last Lecture I. Purposes of government A. Provide public servicesB. Promote equalityII. Role of the government A. TotalitarianB. MonarchyC. Anarchy Outline of Current Lecture III. Role of the GovernmentIV. Role in EconomyA. Socialism 1. argument for socialism2. argument against socialismB.Capitalism 1.argument for capitalism 2.argument against capitalismV. Role of government in societyD. Social freedomE. Social orderF. Political ideologyG. Economic issuesH. Social issuesCurrent Lecture- The Role of the Government o Totalitarianism: government should have unlimited powero Anarchy: no government- Role in economyo Socialism: government owns the basic goods and services provided to members of the society Government owning universities and kids going to college, public education, is a socialistic principleThese notes represent a detailed interpretation of the professor’s lecture. GradeBuddy is best used as a supplement to your own notes, not as a substitute. Ideal of education is to equalize society by providing everyone with public education Gov owns businesses to create equalityo Capitalism: individuals own the basic goods and services provided to members of the society and do with them what they pleaseo As resources become more abundant and society becomes more civilized, government moves closer and closer to socialism. It works much better under these circumstanceso To be the most efficient producer means to make the most profit  Minimum wage is a market intervention because now they have to raise the price for business People are willing to do almost anything to maximize the profit, including pollutiono Argument for socialism Labor in the market system becomes less and less valuable as it becomes more productiveo Argument against socialism When everything is divided equally there is no incentive for the individual to produceo Argument for capitalism It maximizes economic growth and promotes freedom of individual wealtho Argument against capitalism It leaves less intellectually and socially privileged without means for quality of life- Role of government in societyFreedom ---------------------------------------------- order- Social freedom o Places a high value on individual liberties even at the expense of having an orderly society- Social ordero Places a high value on public stability and decency even at the expense of individual freedom- Political ideologyLiberal ---------------------------------- Conservative- Economic issuesT ---------------------------------- A- Social IssuesA ---------------------------------- T- Political ideology (2 Diminsionsal)Liberal --------------------------------- ConservativeEquality ------------------------------- Efficiency- It is often the case that the dimensions are not consistent with one another - In other words, if a person values social freedom they will not necessarily value equality also- GO BY ACADEMIC DEFINITIONS NOT BY PREVIOUS