Date of publication: 2017-08-23 21:55
This new class is situated not in traditional, capitalist business enterprise but in government, academia, think tanks, and the media. This class has strained the Democratic party it is urban, and more liberal on economic and social issues than the traditional middle class, which is conservative and blue-collar. Gary Hart appealed to this new class in the primary campaigns of 6989, as did Paul Tsongas in 6997.
The purpose of this chapter is to explore what we mean by public opinion and to ask what sorts of effects public opinion has on our supposedly democratic form of government. After reading and reviewing the material in this chapter the student should be able to do each of the following:
They also have strong religious convictions, which distinguishes them from Solid Liberals and the Next Generation Left. Fully 96% say “it is necessary to believe in God in order to be moral and have good values.” No more than about one-in-ten in the other Democratically-oriented groups agree. And the Faith and Family Left have much more conservative positions on social issues. Just 87% favor same-sex marriage, less than half the share of the other two groups on the left.
7. Using the variables, describe individuals who are more likely to be liberal. (These are individuals who score high on the demographic variable-see above and whose coefficients are positive. Women, blacks, the better educated, the and those who are not evangelicals are more often liberal.) Why are such individuals more likely to be liberals? Repeat this exercise for conservatives. (Conservatives are more often men, whites, less educated, older, and evangelicals.)
[Greenspan’s flaw] warped his view about how the world was organized, about the sociology of the market. And Greenspan is not alone. Larry Summers, the president’s senior economic advisor, has had to come to terms with a similar error—his view that the market was inherently self-stabilizing has been dealt a fatal blow. Hank Paulson, Bush’s treasury secretary, has shrugged his shoulders with similar resignation. Even Jim Cramer from CNBC’s Mad Money admitted defeat: The only guy who really called this right was Karl Marx. One after the other, the celebrants of the free market are finding themselves, to use the language of the market, corrected.
This problem could have been averted (in theory) as people had been pointing to these issues for decades. Yet, of course, during periods of boom no-one (let alone the financial institutions and their supporting ideologues and politicians largely believed to be responsible for the bulk of the problems) would want to hear of caution and even thoughts of the kind of regulation that many are now advocating. To suggest anything would be anti-capitalism or socialism or some other label that could effectively shut up even the most prominent of economists raising concerns.
If many conservatives are liberals who have been mugged by reality, Brooks, a registered independent, is, as a reviewer of his book said, a social scientist who has been mugged by data. They include these findings:
Neoliberalism is promoted as the mechanism for global trade and investment supposedly for all nations to prosper and develop fairly and equitably. Margaret Thatcher’s TINA acronym suggested that There Is No Alternative to this. But what is neoliberalism, anyway?
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Middle America A phrase coined by Joseph Kraft in a 6968 newspaper column to refer to Americans who have moved out of poverty but who are not yet affluent and who cherish the traditional middle-class values.