Word: modell
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Dates: during 1960-1969
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...direct examination by Prosecutor Martin and 1 i hours of cross-examination by Getty, Corazon remained unshaken and-except for a few momentary tears-unsentimental. She accounted in cool syllables for each of the wood blocks, labeled with her former roommates' names, that Martin removed from a scale model of the five-room apartment where the girls were killed. As Martin lifted the block labeled Merlita Gargullo (another Filipina who had moved into the apartment two months before the killings), she offered the recollection that the murderer had asked Merlita: "Do you know karate...
...Because many of us spend so much time trying to unravel its intricacies, its political biases and implications tend to slip in through the back door. It is possible to go into a detailed critique of the assumptions and analysis of so-called welfare economics (the name for the model presented in Dorfman), and reading along this line is discussed in the bibliography. For present purposes, we will restrict ourselves to four political-philosophical assumptions which, although unmentioned by Dorfman, becloud the claims of his system to be free of all but obviously valid postulates...
...essentially assumes that all people participating in the market share equal power and control over decisions they make. For example, an equal relationship between the consumer and the seller is assumed. We learn about how oligopolies use advertising to create wants, but since such firms depart from the competitive model, this does not necessarily bring into question the analyses of the model itself. But what about competitive firms using advertising to create wants? This is discussed in the readings solely in terms of permitting monopolistic price rises through product differentiation. We suggest that such advertising is also one of many...
...democracy! In fact, most elements of the market system, although not of laissezfaire, are completely compatible with a socialist economy. Indeed, economist Oskar Lange, in his book on The Economic Theory of Socialism, capably argues that market socialism is more able to realize the theoretical outcomes of the market model than capitalism as it is usually practiced...
...collectivist age, with collectivism itself." Communism, notes Harrington, propagandizes for the same confusion in order to exploit the appeal of socialist ideals. There is no reason for Ec 1 to engage in the same over-simplification. It would be as if Hitler's Germany were chosen as a model for a modern, advanced capitalist economy. At the very least, the section from Grossman on democratic socialism, although not particularly sympathetic, should be introduced into the readings. But we feel it would be fair, since the course presents pro-capitalist authors writing about capitalism, to present at least one pro-socialist...