Political-economic ideologies, the nonprofit sector, the American Essay

Political-economic ideologies, the nonprofit sector, the American welfare state in the USA, and policy prescriptions for p - Essay Example Thus, at some point, the complex battle of these political parties complicates the deliberation and implementation of certain social and economic policies on the practical grounds. In this paper, analysis of the three major political positions will be discussed; namely, the left, the right, and the centrist movements. In here, we can see how the political spectrum affects the government, the private sector, and the non-profit organizations in the society as they try to give solutions to the problems of poverty and social welfare. The Right Conservatism, liberalism, libertarianism and nationalism are the common terms associated with rightist movement. The right usually pertains to the Republicans in the United States as influenced by Nixon, Raegan, Goldwater, Gingrich, Mc Carthy and many others (Bell xii). The origin of this movement can be drawn back from the ideas of aristocracy and monarchism. In this perspective, the preservation of control in the government usually takes over the policies for economic and political strategies (Bell 56). Basically, the rightist position in economic policies gives more focus on the ‘free-market’ system (Bell 463) which consequently supported the growth of capitalism in the community.

Government Failure Essay Example | Topics and Well Written Essays - 750 words

Government Failure - Essay Example Endogenous preferences refer to preferences that are dependent on other factors that actually influence preference. For instance, demand for the latest mobile phones is driven by technological advancements. In this case, technological advancement highly influences demand for latest phones. The fact that circumstances can change preferences justifies public policy. Unaccepted preferences, on the other hand, are those whose impact on other preferences is negative. Education preference, for example, varies across individuals. However, through public policy, unacceptable preferences are regulated on social interest grounds. Utilitarian social welfare function – Preferences and the resultant consequences are evaluated for each and every individual and then summed up. Individual utilities for a given good are aggregated, and therefore, every utility of an individual prior to the good is incorporated. Individual ranking in the market or society is not taken into account. A public policy that results from this choice is likely to depict aspects of loopholes in the observance of individual rights. Minimum allocation choice is not guaranteed. Rawlsian social welfare function – This function is characterized by social equality. This is achieved through presenting maximum benefit to the disadvantaged in the society. Decisions on social institutions depend on people’s individual endowments in society. Where social institutions system is to be established without prior knowledge the endowments, the resultant social welfare function aims at uplifting and benefiting the least advantaged in the society. Public policy under this choice is basically equality-tailored, although wealth creation incentives are likely to be reduced in that process.