This is a "working outline" of O’Connor’s central thesis concerning the Political Economy of the United States. It is intended for students to use while the teacher is lecturing about the details.
TWO BASIC AND OFTEN MUTUALLY CONTRADICTORY FUNCTIONS Of THE “STATE”
l. Promote ACCUMULATION (profits)
2. Promote LEGITIMIZATION (harmony)
TWO TYPES OF STATE EXPENDITURES
I. SOCIAL CAPITAL EXPENDITURES
A. Social Investment Expenditures
B. Social Consumption Expenditures
II. SOCIAL EXPENSES EXPENDITURES
A. Welfare Expenditures
B. Warfare Expenditures
