Democracy And Markets

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Democracy and the Market

Author : Adam Przeworski
Publisher : Cambridge University Press
Page : 230 pages
File Size : 42,8 Mb
Release : 1991-07-26
Category : Business & Economics
ISBN : 052142335X

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Democracy and the Market by Adam Przeworski Pdf

The quest for freedom from hunger and repression has triggered in recent years a dramatic, worldwide reform of political and economic systems. Never have so many people enjoyed, or at least experimented with democratic institutions. However, many strategies for economic development in Eastern Europe and Latin America have failed with the result that entire economic systems on both continents are being transformed. This major book analyzes recent transitions to democracy and market-oriented economic reforms in Eastern Europe and Latin America. Drawing in a quite distinctive way on models derived from political philosophy, economics, and game theory, Professor Przeworski also considers specific data on individual countries. Among the questions raised by the book are: What should we expect from these experiments in democracy and market economy? What new economic systems will emerge? Will these transitions result in new democracies or old dictatorships?

Markets and Democracy

Author : Samuel Bowles,Herbert Gintis,Bo Gustafsson
Publisher : Cambridge University Press
Page : 372 pages
File Size : 41,9 Mb
Release : 1993-07-22
Category : Business & Economics
ISBN : 0521432235

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Markets and Democracy by Samuel Bowles,Herbert Gintis,Bo Gustafsson Pdf

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- based interaction of economic agents. The contributors bring contemporary microeconomic theory to bear in an attempt to find a progressive replacement to traditional state socialism. Various approaches to the study of economic interaction are considered in an attempt to understand the relationship between power and efficiency in market economies.

Markets, Planning, and Democracy

Author : David L. Prychitko
Publisher : Edward Elgar Publishing
Page : 238 pages
File Size : 49,5 Mb
Release : 2002-01-01
Category : Business & Economics
ISBN : 1843767384

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Markets, Planning, and Democracy by David L. Prychitko Pdf

Markets, planning, and democracy : essays after the collapse of communism / edited by David L. Prychitko.

Media, Markets, and Democracy

Author : C. Edwin Baker
Publisher : Cambridge University Press
Page : 395 pages
File Size : 45,9 Mb
Release : 2001-11-05
Category : Political Science
ISBN : 9781139432429

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Media, Markets, and Democracy by C. Edwin Baker Pdf

Government interventions in media markets are often criticized for preventing audiences from getting the media products they want. A free press is often asserted to be essential for democracy. The first point is incorrect and the second is inadequate as a policy guide. Part I of this book shows that unique aspects of media products prevent markets from providing for audience desires. Part II shows that four prominent, but different, theories of democracy lead to different conceptions of good journalistic practice, media policy, and proper constitutional principles. Part II makes clear that the choice among democratic theories is crucial for understanding what should be meant by free press. Part III explores international free trade in media products. Contrary to the dominant American position, it shows that Parts I and II's economic and democratic theory justify deviations from free trade in media products.

Democracy and Markets

Author : John R. Freeman
Publisher : Cornell University Press
Page : 329 pages
File Size : 54,7 Mb
Release : 2018-08-06
Category : Political Science
ISBN : 9781501724206

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Democracy and Markets by John R. Freeman Pdf

Events of the 1970s and 1980s have provoked intense controversy about the desirability of existing political and economic institutions. On the basis of an analysis of social welfare in varying types of market systems and in certain democratic political systems, Democracy and Markets illuminates alternative directions for institutional reform. Examining in detail the experiences of several democratic European countries, John R. Freeman considers whether a mixed ownership structure is preferable to a private ownership structure; and whether a pluralist type of democratic politics is preferable to a corporatist type. Freeman compares the benefits of the two economic and two political systems separately, and then analyzes the workings of four basic political economies. This analysis yields a welfare taxonomy for alternative forms of democratic capitalism and more specifically a characterization of the blends of collective gain and distributional equity that can be achieved in the four systems. Freeman demonstrates the validity of this taxonomy through an empirical investigation of the political economies of Britain, Austria, Sweden, and Italy. Under current conditions, he concludes, the corporatist-mixed system produces the most desirable blend of welfare outcomes.

The Global Diffusion of Markets and Democracy

Author : Beth A. Simmons,Frank Dobbin,Geoffrey Garrett
Publisher : Unknown
Page : 385 pages
File Size : 49,7 Mb
Release : 2008-03-06
Category : Electronic
ISBN : 0511386133

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The Global Diffusion of Markets and Democracy by Beth A. Simmons,Frank Dobbin,Geoffrey Garrett Pdf

Analyses the ways markets and democracy have diffused around the world through interdependent decision-making.

Radical Markets

Author : Eric A. Posner,Eric Glen Weyl
Publisher : Princeton University Press
Page : 208 pages
File Size : 40,5 Mb
Release : 2019-10-08
Category : Business & Economics
ISBN : 9780691196978

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Radical Markets by Eric A. Posner,Eric Glen Weyl Pdf

Revolutionary ideas on how to use markets to achieve fairness and prosperity for all Many blame today's economic inequality, stagnation, and political instability on the free market. The solution is to rein in the market, right? Radical Markets turns this thinking on its head. With a new foreword by Ethereum creator Vitalik Buterin and virtual reality pioneer Jaron Lanier as well as a new afterword by Eric Posner and Glen Weyl, this provocative book reveals bold new ways to organize markets for the good of everyone. It shows how the emancipatory force of genuinely open, free, and competitive markets can reawaken the dormant nineteenth-century spirit of liberal reform and lead to greater equality, prosperity, and cooperation. Only by radically expanding the scope of markets can we reduce inequality, restore robust economic growth, and resolve political conflicts. But to do that, we must replace our most sacred institutions with truly free and open competition—Radical Markets shows how.

Financial Globalization and Democracy in Emerging Markets

Author : L. Armijo
Publisher : Springer
Page : 348 pages
File Size : 50,8 Mb
Release : 1999-01-13
Category : Business & Economics
ISBN : 9780333994894

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Financial Globalization and Democracy in Emerging Markets by L. Armijo Pdf

When Mexico's peso crisis occurred in December 1994, all of Latin America experienced the 'tequila effect'. In January 1998, after seven months of financial turmoil in East Asia, Alan Greenspan, the usually reticent Chairman of the US Federal Reserve Bank, noted that such 'vicious cycles...may, in fact, be a defining characteristic of the new high-tech international financial system'. This book examines the impact of the new, highly liquid portfolio capital flows on governments, opposition, politicians, business and the workforce in such emerging market countries as Mexico, Brazil, Russia, Indonesia, Vietnam, Thailand and Indonesia. Hailed as 'exemplary and innovative', 'fine-grained and accessible' and 'a must read', this collection of original essays in newly available in paperback.

Democratic Processes and Financial Markets

Author : William Bernhard,David Leblang
Publisher : Cambridge University Press
Page : 237 pages
File Size : 55,6 Mb
Release : 2006-07-24
Category : Political Science
ISBN : 9781107320994

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Democratic Processes and Financial Markets by William Bernhard,David Leblang Pdf

The authors examine the conditions under which democratic events, including elections, cabinet formations, and government dissolutions, affect asset markets. Where these events have less predictable outcomes, market returns are depressed and volatility increases. In contrast, where market actors can forecast the result, returns do not exhibit any unusual behavior. Further, political expectations condition how markets respond to the political process. When news causes market actors to update their political beliefs, market actors reallocate their portfolios, and overall market behavior changes. To measure political information, Professors Bernhard and Leblang employ sophisticated models of the political process. They draw on a variety of models of market behavior, including the efficient markets hypothesis, capital asset pricing model, and arbitrage pricing theory, to trace the impact of political events on currency, stock, and bond markets. The analysis will appeal to academics, graduate students, and advanced undergraduates across political science, economics, and finance.

How Ukraine Became a Market Economy and Democracy

Author : Anders Åslund
Publisher : Columbia University Press
Page : 345 pages
File Size : 51,9 Mb
Release : 2009-03-01
Category : Political Science
ISBN : 9780881325065

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How Ukraine Became a Market Economy and Democracy by Anders Åslund Pdf

One of Europe's old nations steeped in history, Ukraine is today an undisputed independent state. It is a democracy and has transformed into a market economy with predominant private ownership. Ukraine's postcommunist transition has been one of the most protracted and socially costly, but it has taken the country to a desirable destination. Åslund's vivid account of Ukraine's journey begins with a brief background, where he discusses the implications of Ukraine's history, the awakening of society because of Mikhail Gorbachev's reforms, the early democratization, and the impact of the ill-fated Soviet economic reforms. He then turns to the reign of President Leonid Kravchuk from 1991 to 1994, the only salient achievement of which was nation-building, while the economy collapsed in the midst of hyperinflation. The first two years of Leonid Kuchma's presidency, from 1994 to 1996, were characterized by substantial achievements, notably financial stabilization and mass privatization. The period 1996–99 was a miserable period of policy stagnation, rent seeking, and continued economic decline. In 2000 hope returned to Ukraine. Viktor Yushchenko became prime minister and launched vigorous reforms to cleanse the economy from corruption, and economic growth returned. The ensuing period, 2001–04, amounted to a competitive oligarchy. It was quite pluralist, although repression increased. Economic growth was high. The year 2004 witnessed the most joyful period in Ukraine, the Orange Revolution, which represented Ukraine's democratic breakthrough, with Yushchenko as its hero. The postrevolution period, however, has been characterized by great domestic political instability; a renewed, explicit Russian threat to Ukraine's sovereignty; and a severe financial crisis. The answers to these challenges lie in how soon the European Union fully recognizes Ukraine's long-expressed identity as a European state, how swiftly Ukraine improves its malfunctioning constitutional order, and how promptly it addresses corruption.

Marketing Democracy

Author : Julia Paley
Publisher : Univ of California Press
Page : 278 pages
File Size : 43,5 Mb
Release : 2001-04-02
Category : Social Science
ISBN : 0520935748

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Marketing Democracy by Julia Paley Pdf

Amid protests against the Pinochet regime, a group of población(shantytown) residents came together in 1984 to challenge poor health care in their community and to denounce military rule. How did their organization respond seven years later when Chile's transition to democracy brought an end to dictatorship but no clear solution to ongoing health problems? Marketing Democracy shows how the exercise of power and the strategies of social movements transformed with the transition from a military to an elected-civilian regime in Chile. The term "marketing democracy" refers first to how contemporary democracies are shaped by transnational market forces, and second to how politicians have promoted democracy with the twin goals of attracting foreign capital and diminishing social movements.

Money, Markets, and Democracy

Author : George Bragues
Publisher : Springer
Page : 320 pages
File Size : 48,9 Mb
Release : 2016-11-11
Category : Political Science
ISBN : 9781137569400

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Money, Markets, and Democracy by George Bragues Pdf

This book offers a comprehensive analysis of the ways that politics and financial markets impact one another. In this relationship, politics is the ultimate controlling force. The kinds and prices of financial instruments that get traded and the individuals and institutions that get to trade them, not to mention the rules under which everyone trades, are all matters decisively influenced by an array of political variables - sometimes for the better, but all too often for the worse. The fault for this political skewing of the markets chiefly lies with democracy. Through its commitment to equality and its inclination towards fiscal profligacy, democracy hinders the markets from acting as a greater force for social good. To fix this skewing of finance, democracy’s troubling tendencies must be squarely faced and curbed by a return to its monetary roots. Democracy must reinstall gold at the monetary foundations of our financial markets.

Caring Democracy

Author : Joan C. Tronto
Publisher : NYU Press
Page : 248 pages
File Size : 40,5 Mb
Release : 2013-04-12
Category : Political Science
ISBN : 9780814782781

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Caring Democracy by Joan C. Tronto Pdf

Americans now face a caring deficit: there are simply too many demands on people’s time for us to care adequately for our children, elderly people, and ourselves.At the same time, political involvement in the United States is at an all-time low, and although political life should help us to care better, people see caring as unsupported by public life and deem the concerns of politics as remote from their lives. Caring Democracy argues that we need to rethink American democracy, as well as our fundamental values and commitments, from a caring perspective. The idea that production and economic life are the most important political and human concerns ignores the reality that caring, for ourselves and others, should be the highest value that shapes how we view the economy, politics, and institutions such as schools and the family. Care is at the center of our human lives, but Tronto argues it is currently too far removed from the concerns of politics. Caring Democracy traces the reasons for this disconnection and argues for the need to make care, not economics, the central concern of democratic political life. Joan C. Tronto is a Professor in the Political Science Department at the University of Minnesota. She is the author of Moral Boundaries: A Political Argument for an Ethic of Care (Routledge).

Citizens, Democracy, and Markets Around the Pacific Rim

Author : Doh Chull Shin
Publisher : OUP Oxford
Page : 332 pages
File Size : 43,9 Mb
Release : 2006-11-02
Category : Political Science
ISBN : 9780191516375

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Citizens, Democracy, and Markets Around the Pacific Rim by Doh Chull Shin Pdf

East Asia is one of the most dynamic areas of political change in the world today-what role do citizens play in these processes of change? Drawing upon a unique set of coordinated public opinion surveys conducted by the World Values Survey, this book provides a dramatically new image of the political cultures of East Asia. Most East Asian citizens have strong democratic aspirations, even in still autocratic nations. Most East Asians support liberal market reforms, even in nations where state socialism has been dominant. The books findings thus provide a new perspective on the political values of Asian publics. We demonstrate that the dramatic socioeconomic changes of the past several decades have transformed public opinion, altering many of the social norms traditionally identified with Asian values, and creating public support for further political and economic modernization of the region. Political culture in East Asia is not an impediment to change, but creates the potential for even greater democratization and marketization. Comparative Politics is a series for students and teachers of political science that deals with contemporary government and politics. The General Editors are Max Kaase, Professor of Political Science, Vice President and Dean, School of Humanities and Social Science, International University Bremen, Germany; and Kenneth Newton, Professor of Comparative Politics, University of Southampton. The series is produced in association with the European Consortium for Political Research.

Market-Driven Politics

Author : Colin Leys
Publisher : Verso Books
Page : 374 pages
File Size : 42,5 Mb
Release : 2020-05-05
Category : Political Science
ISBN : 9781789608755

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Market-Driven Politics by Colin Leys Pdf

With the globalisation of the capitalist economy the economic role of national governments is now largely confined to controlling inflation and facilitating home-grown market performance. This represents a fundamental shift in the relationship between politics and economics; it has been particularly marked in Britain, but is relevant to many other contexts. Market-Driven Politics is a multi-level study, moving between an analysis of global economic forces through national politics to the changes occurring week by week in two fields of public life that are both fundamentally important and familiar to everyone.television broadcasting and health care. Public services like these play an important role, because they both affect the legitimacy of the government and are targets for global capital. This book provides an original analysis of the key processes of commodification of public services, the conversion of public-service workforces into employees motivated to generate profit, and the role of the state in absorbing risk. Understanding the dynamics of each of these trends becomes critical not just for the analysis of market-driven politics but also for the longer-term defence of democracy and the collective values on which it depends.