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The political instability consequent to the coup d'état stalled the Honduran economy, and the unpayable external debt (c. US$4 billion) of Honduras was excluded from access to international investment capital. That financial deficit perpetuated Honduran economic stagnation and perpetuated the image of Honduras as a banana republic. [16]
Corporatocracy [a] or corpocracy is an economic, political and judicial system controlled or influenced by business corporations or corporate interests. [ 1 ] The concept has been used in explanations of bank bailouts , excessive pay for CEOs , and the exploitation of national treasuries, people, and natural resources . [ 2 ]
Banana Republicans: How the Right Wing Is Turning America Into a One-Party State is a book by Sheldon Rampton and John Stauber of the Center for Media and Democracy. [1] It was published in 2004.
In U.S. politics, the term banana republic is a pejorative political descriptor coined by the American writer O. Henry in Cabbages and Kings (1904), a book of thematically related short stories derived from his 1896–1897 residence in Honduras, where he was hiding from U.S. law for bank embezzlement. [34] Bankocracy
Political science or politics as a study largely situates itself within this definition of sociology and is sometimes regarded as a well developed sub-field of sociology, but is seen as a stand alone disciplinary area of research due to the size of scholarly work undertaken within it. Politics offers a complex definition and is important to ...
He was a professor of history, sociology, and social science at the University of Michigan from 1969 to 1984 before becoming the Joseph L. Buttenwieser Professor of Social Science at Columbia University. He has been described as "the founding father of 21st-century sociology" [1] and "one of the world's preeminent sociologists and historians."
Neo-Gramscianism is a critical theory approach to the study of international relations (IR) and the global political economy (GPE) that explores the interface of ideas, institutions and material capabilities as they shape the specific contours of the state formation.
In sociology and in political science, the term "the establishment" describes the dominant social group, the elite who control a polity, an organization, or an institution. In the praxis of wealth and power , the Establishment usually is a self-selecting, closed elite entrenched within specific institutions — hence, a relatively small social ...