Our economy is designed to make the rich richer by plundering the earth--this book offers a compelling vision of an ecologically sustainable alternative, neither capitalist nor socialist, that meets t
In this book, Carol Gould offers a fundamental reconsideration of the theory of democracy, arguing that democratic decision-making should apply not only to politics but also to economic and social life. Professor Gould redefines traditional concepts of freedom and social equality, and proposes a principle of Equal Positive Freedom in which individual freedom and social co-operation are seen to be compatible. Reformulating basic conceptions of property, authority, economic justice and human rights, the author suggests a number of ways in which these principles could be realised in social institutions. She also discusses such issues as democratic control of technology, the nature of democratic personality, and the question of democracy in international relations.
A timely, provocative expose of our political and business leadership's deep ties to China: a network of people who believe they are doing the right thing--at a great often hidden cost to our society. The past few years have seen a shift in the relations between China and the United States, from enthusiastic economic partners to wary frenemies to open rivals. And China's successful handling of its pandemic will undoubtedly exacerbate this dynamic in the years to come. In America Second, Isaac Stone Fish traces the evolution of this all-important relationship. He makes clear how America's leaders initially welcomed China's entry into the global economy, believing that trade and engagement would lead to a more democratic China. And he explains how, though this belief has proved misguided, our businesspeople and politicians have become too dependent on China to challenge them. America Second exposes a deep web of Chinese influence in America, built quietly over the years through prominent
In A Cross of Iron, one of the country's most distinguished diplomatic historians provides a comprehensive account of the national security state that emerged in the first decade of the Cold War. Michael J. Hogan traces the process of state-making as it unfolded in struggles to unify the armed forces, harness science to military purposes, mobilize military manpower, control the defense budget, and distribute the cost of defense across the economy. At stake, Hogan argues, was a fundamental contest over the nation's political identity and postwar purpose. President Harry S. Truman and his successor were in the middle of this contest. According to Hogan, they tried to reconcile an older set of values with the new ideology of national security and the country's democratic traditions with its global obligations. Their efforts determined the size and shape of the national security state that finally emerged.
In A Cross of Iron, one of the country's most distinguished diplomatic historians provides a comprehensive account of the national security state that emerged in the first decade of the Cold War. Michael J. Hogan traces the process of state-making as it unfolded in struggles to unify the armed forces, harness science to military purposes, mobilize military manpower, control the defense budget, and distribute the cost of defense across the economy. At stake, Hogan argues, was a fundamental contest over the nation's political identity and postwar purpose. President Harry S. Truman and his successor were in the middle of this contest. According to Hogan, they tried to reconcile an older set of values with the new ideology of national security and the country's democratic traditions with its global obligations. Their efforts determined the size and shape of the national security state that finally emerged.
In 1961 South Korea was mired in poverty. By 1979 it had a powerful industrial economy and a vibrant civil society in the making, which would lead to a democratic breakthrough eight years later. The t
Government interventions in market failures can encounter objections from those who doubt their efficacy. Acocella, a leading expert on economic policy, counters these unfounded criticisms, making the convincing case for the foundation, coordination and reach of government action through economic policy. Arguing for the governmental potential to devise democratic, fair and effective institutions and policies, this book also demonstrates the validity of the principles outlined by Frisch and Tinbergen, amongst others, for controlling the economy, in a strategic context, equivalent to the rational expectations assumption. Demonstrating how unconventional monetary policies (such as macro-prudential regulation, new fiscal rules, and new forms of international policy coordination) can offer an effective response to the multiplicity of current economic issues, the recent financial crisis arguably indicates that economic policy must once again take centre stage as the applied complement to mai
Government interventions in market failures can encounter objections from those who doubt their efficacy. Acocella, a leading expert on economic policy, counters these unfounded criticisms, making the convincing case for the foundation, coordination and reach of government action through economic policy. Arguing for the governmental potential to devise democratic, fair and effective institutions and policies, this book also demonstrates the validity of the principles outlined by Frisch and Tinbergen, amongst others, for controlling the economy, in a strategic context, equivalent to the rational expectations assumption. Demonstrating how unconventional monetary policies (such as macro-prudential regulation, new fiscal rules, and new forms of international policy coordination) can offer an effective response to the multiplicity of current economic issues, the recent financial crisis arguably indicates that economic policy must once again take centre stage as the applied complement to mai
The authors of this book have developed a new and stimulating approach to the analysis of the transitions of Bulgaria, the Czech Republic, Hungary, and Slovakia to democracy and a market economy. They integrate interdisciplinary theoretical work with elaborate empirical data on some of the most challenging events of the twentieth century. Three groups of phenomena and their causal interconnection are explored: the material legacies, constraints, habits and cognitive frameworks inherited from the past; the erratic configuration of new actors, and new spaces for action; and a new institutional order under which agency is institutionalized and the sustainability of institutions is achieved. The book studies the interrelations of national identities, economic interests, and political institutions with the transformation process, concentrating on issues of constitution making, democratic infrastructure, the market economy, and social policy.
The authors of this book have developed a new and stimulating approach to the analysis of the transitions of Bulgaria, the Czech Republic, Hungary, and Slovakia to democracy and a market economy. They integrate interdisciplinary theoretical work with elaborate empirical data on some of the most challenging events of the twentieth century. Three groups of phenomena and their causal interconnection are explored: the material legacies, constraints, habits and cognitive frameworks inherited from the past; the erratic configuration of new actors, and new spaces for action; and a new institutional order under which agency is institutionalized and the sustainability of institutions is achieved. The book studies the interrelations of national identities, economic interests, and political institutions with the transformation process, concentrating on issues of constitution making, democratic infrastructure, the market economy, and social policy.
The market does not spontaneously generate democratic or participatory economic institutions. This book asks whether a modern, efficient economy can be rendered democratically accountable and, if so, what strategic changes might be required to regulate the market-mediated interaction of economic agents. The contributors bring contemporary microeconomic theory to bear on a range of related issues, including the relationship between democratic firms and efficiency in market economies; incentives and the relative merits of various forms of internal democratic decision-making; and the effects of democratically accountable firms on innovation, saving, investment, and on the informational and disciplinary aspects of markets. Various approaches to the study of economic interaction (game theory, transactions' cost analysis, social choice theory, rent-seeking, etc.) are considered in an attempt to understand the relationship between power and efficiency in market economies.
The market does not spontaneously generate democratic or participatory economic institutions. This book asks whether a modern, efficient economy can be rendered democratically accountable and, if so, what strategic changes might be required to regulate the market-mediated interaction of economic agents. The contributors bring contemporary microeconomic theory to bear on a range of related issues, including the relationship between democratic firms and efficiency in market economies; incentives and the relative merits of various forms of internal democratic decision-making; and the effects of democratically accountable firms on innovation, saving, investment, and on the informational and disciplinary aspects of markets. Various approaches to the study of economic interaction (game theory, transactions' cost analysis, social choice theory, rent-seeking, etc.) are considered in an attempt to understand the relationship between power and efficiency in market economies.
Comparativist scholarship conventionally gives unbridled primacy to external, material interests–chiefly votes and rents–as proximately shaping political behaviour. These logics tend to explicate elite decision-making around elections and pork barrel politics but fall short in explaining political conduct during credibility crises, such as democratic governments facing anti-corruption movements. In these instances, Baloch shows, elite ideas, for example concepts of the nation or technical diagnoses of socioeconomic development, dominate policymaking. Scholars leverage these arguments in the fields of international relations, American politics, and the political economy of development. But an account of ideas activating or constraining executive action in developing democracies, where material pressures are high, is found wanting. Resting on fresh archival research and over 120 original elite interviews, When Ideas Matter traces where ideas come from, how they are chosen, and when they
This study demonstrates how the emergence of private property and a market economy after the Soviet Union's collapse enabled a degree of freedom while simultaneously supporting authoritarianism. Based on case studies, Vladimir Shlapentokh and Anna Arutunyan analyze how private property and free markets spawn feudal elements in society. These elements are so strong in post-Communist Russia that they prevent the formation of a true democratic society, while making it impossible to return to totalitarianism. The authors describe the resulting Russian society as having three types of social organization: authoritarian, feudal and liberal. The authors examine the adaptation of Soviet-era institutions like security forces, the police and the army to free market conditions and how they generated corruption; the belief that the KGB was relatively free from corruption; how large property holdings merge with power and necessitate repression; and how property relations affect government managemen
