The Captured Economy

Author : Brink Lindsey,Steven M. Teles
Publisher : Oxford University Press
Page : 240 pages
File Size : 43,6 Mb
Release : 2017-10-13
Category : Political Science
ISBN : 9780190627782

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The Captured Economy by Brink Lindsey,Steven M. Teles Pdf

For years, America has been plagued by slow economic growth and increasing inequality. In The Captured Economy, Brink Lindsey and Steven M. Teles identify a common factor behind these twin ills: breakdowns in democratic governance that allow wealthy special interests to capture the policymaking process for their own benefit. They document the proliferation of regressive regulations that redistribute wealth and income up the economic scale while stifling entrepreneurship and innovation. They also detail the most important cases of regulatory barriers that have worked to shield the powerful from the rigors of competition, thereby inflating their incomes: subsidies for the financial sector's excessive risk taking, overprotection of copyrights and patents, favoritism toward incumbent businesses through occupational licensing schemes, and the NIMBY-led escalation of land use controls that drive up rents for everyone else. An original and counterintuitive interpretation of the forces driving inequality and stagnation, The Captured Economy will be necessary reading for anyone concerned about America's mounting economic problems and how to improve the social tensions they are sparking.

Author : Brink Lindsey,Steven Michael Teles
Publisher : Oxford University Press
Page : 233 pages
File Size : 49,6 Mb
Release : 2017
Category : Business & Economics
ISBN : 9780190627768

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The Captured Economy by Brink Lindsey,Steven Michael Teles Pdf

For years, America has been plagued by slow economic growth and increasing inequality. Yet economists have long taught that there is a tradeoff between equity and efficiency-that is, between making a bigger pie and dividing it more fairly. That is why our current predicament is so puzzling: today, we are faced with both a stagnating economy and sky-high inequality. In The Captured Economy , Brink Lindsey and Steven M. Teles identify a common factor behind these twin ills: breakdowns in democratic governance that allow wealthy special interests to capture the policymaking process for their own benefit. They document the proliferation of regressive regulations that redistribute wealth and income up the economic scale while stifling entrepreneurship and innovation. When the state entrenches privilege by subverting market competition, the tradeoff between equity and efficiency no longer holds. Over the past four decades, new regulatory barriers have worked to shield the powerful from the rigors of competition, thereby inflating their incomes-sometimes to an extravagant degree. Lindsey and Teles detail four of the most important cases: subsidies for the financial sector's excessive risk taking, overprotection of copyrights and patents, favoritism toward incumbent businesses through occupational licensing schemes, and the NIMBY-led escalation of land use controls that drive up rents for everyone else. Freeing the economy from regressive regulatory capture will be difficult. Lindsey and Teles are realistic about the chances for reform, but they offer a set of promising strategies to improve democratic deliberation and open pathways for meaningful policy change. An original and counterintuitive interpretation of the forces driving inequality and stagnation, The Captured Economy will be necessary reading for anyone concerned about America's mounting economic problems and the social tensions they are sparking.

Author : Sheldon Whitehouse
Publisher : New Press, The
Page : 167 pages
File Size : 50,8 Mb
Release : 2017-02-21
Category : Political Science
ISBN : 9781620972083

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Captured by Sheldon Whitehouse Pdf

A U.S. senator, leading the fight against money in politics, chronicles the long shadow corporate power has cast over our democracy In Captured, U.S. Senator and former federal prosecutor Sheldon Whitehouse offers an eye-opening take on what corporate influence looks like today from the Senate Floor, adding a first-hand perspective to Jane Mayer’s Dark Money. Americans know something is wrong in their government. Senator Whitehouse combines history, legal scholarship, and personal experiences to provide the first hands-on, comprehensive explanation of what's gone wrong, exposing multiple avenues through which our government has been infiltrated and disabled by corporate powers. Captured reveals an original oversight by the Founders, and shows how and why corporate power has exploited that vulnerability: to strike fear in elected representatives who don’t “get right” by threatening million-dollar "dark money" election attacks (a threat more effective and less expensive than the actual attack); to stack the judiciary—even the Supreme Court—in "business-friendly" ways; to "capture” the administrative agencies meant to regulate corporate behavior; to undermine the civil jury, the Constitution's last bastion for ordinary citizens; and to create a corporate "alternate reality" on public health and safety issues like climate change. Captured shows that in this centuries-long struggle between corporate power and individual liberty, we can and must take our American government back into our own hands.

Author : George Joseph Stigler
Publisher : Unknown
Page : 216 pages
File Size : 48,7 Mb
Release : 1946
Category : Competition
ISBN : UOM:39015019384026

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The Theory of Competitive Price by George Joseph Stigler Pdf

Author : Daniel Carpenter,David A. Moss
Publisher : Cambridge University Press
Page : 531 pages
File Size : 43,7 Mb
Release : 2014
Category : Business & Economics
ISBN : 9781107036086

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Preventing Regulatory Capture by Daniel Carpenter,David A. Moss Pdf

Leading scholars from across the social sciences present empirical evidence that the obstacle of regulatory capture is more surmountable than previously thought.

Author : Jacob S. Hacker,Alexander Hertel-Fernandez,Paul Pierson,Kathleen Thelen
Publisher : Cambridge University Press
Page : 487 pages
File Size : 41,8 Mb
Release : 2021-11-11
Category : History
ISBN : 9781316516362

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The American Political Economy by Jacob S. Hacker,Alexander Hertel-Fernandez,Paul Pierson,Kathleen Thelen Pdf

Drawing together leading scholars, the book provides a revealing new map of the US political economy in cross-national perspective.

Author : Shoshana Zuboff
Publisher : PublicAffairs
Page : 658 pages
File Size : 52,6 Mb
Release : 2019-01-15
Category : Business & Economics
ISBN : 9781610395700

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The Age of Surveillance Capitalism by Shoshana Zuboff Pdf

The challenges to humanity posed by the digital future, the first detailed examination of the unprecedented form of power called "surveillance capitalism," and the quest by powerful corporations to predict and control our behavior. In this masterwork of original thinking and research, Shoshana Zuboff provides startling insights into the phenomenon that she has named surveillance capitalism. The stakes could not be higher: a global architecture of behavior modification threatens human nature in the twenty-first century just as industrial capitalism disfigured the natural world in the twentieth. Zuboff vividly brings to life the consequences as surveillance capitalism advances from Silicon Valley into every economic sector. Vast wealth and power are accumulated in ominous new "behavioral futures markets," where predictions about our behavior are bought and sold, and the production of goods and services is subordinated to a new "means of behavioral modification." The threat has shifted from a totalitarian Big Brother state to a ubiquitous digital architecture: a "Big Other" operating in the interests of surveillance capital. Here is the crucible of an unprecedented form of power marked by extreme concentrations of knowledge and free from democratic oversight. Zuboff's comprehensive and moving analysis lays bare the threats to twenty-first century society: a controlled "hive" of total connection that seduces with promises of total certainty for maximum profit -- at the expense of democracy, freedom, and our human future. With little resistance from law or society, surveillance capitalism is on the verge of dominating the social order and shaping the digital future -- if we let it.

Author : Fraser Institute (Vancouver, B.C.)
Publisher : The Fraser Institute
Page : 122 pages
File Size : 41,7 Mb
Release : 1997
Category : Informal sector (Economics)
ISBN : 9780889751699

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The Underground Economy by Fraser Institute (Vancouver, B.C.) Pdf

From the back cover: The papers in this ground breaking book constitute a unique collection of information about the underground economy and how it is manifested in a variety of countries. Section One attempts to measure Canada's underground economic activity and provides a specific estimate of the impact that tax changes have on its size. It also looks at the problems of tax evasion and tax avoidance. Section Two deals with the size of the underground substance economy, the legal aspects of tlhe underground economy in the United States, and an asseeement of the economic activities of the Mafia. Section Three analyzes the underground economy abroad, specifically in the United States, Britain, Mexico, Peru, Chile, Russia and China. The fourth section returns to Canada and examines some policy implications of the underground economy. A survey detailed in Section One shows that a majority of Canadians believe that they do not receive enough benefits for the taxation they pay. Section Four offers a solution to the problem of tax evasion and underground economic activity; the adoption of user fees and user taxes.

Author : Mariana Mazzucato
Publisher : HarperCollins
Page : 272 pages
File Size : 52,5 Mb
Release : 2021-03-23
Category : Business & Economics
ISBN : 9780063046269

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Mission Economy by Mariana Mazzucato Pdf

Longlisted for the 2021 Porchlight Business Book Awards, Big Ideas & New Perspectives “She offers something both broad and scarce: a compelling new story about how to create a desirable future.”—New York Times An award-winning author and leading international economist delivers a hard-hitting and much needed critique of modern capitalism in which she argues that, to solve the massive crises facing us, we must be innovative—we must use collaborative, mission-oriented thinking while also bringing a stakeholder view of public private partnerships which means not only taking risks together but also sharing the rewards. Capitalism is in crisis. The rich have gotten richer—the 1 percent, those with more than $1 million, own 44 percent of the world's wealth—while climate change is transforming—and in some cases wiping out—life on the planet. We are plagued by crises threatening our lives, and this situation is unsustainable. But how do we fix these problems decades in the making? Mission Economy looks at the grand challenges facing us in a radically new way. Global warming, pollution, dementia, obesity, gun violence, mobility—these environmental, health, and social dilemmas are huge, complex, and have no simple solutions. Mariana Mazzucato argues we need to think bigger and mobilize our resources in a way that is as bold as inspirational as the moon landing—this time to the most ‘wicked’ social problems of our time.. We can only begin to find answers if we fundamentally restructure capitalism to make it inclusive, sustainable, and driven by innovation that tackles concrete problems from the digital divide, to health pandemics, to our polluted cities. That means changing government tools and culture, creating new markers of corporate governance, and ensuring that corporations, society, and the government coalesce to share a common goal. We did it to go to the moon. We can do it again to fix our problems and improve the lives of every one of us. We simply can no longer afford not to.

Author : OECD
Publisher : OECD Publishing
Page : 84 pages
File Size : 45,6 Mb
Release : 2017-03-30
Category : Electronic
ISBN : 9789264065239

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OECD Public Governance Reviews Preventing Policy Capture Integrity in Public Decision Making by OECD Pdf

This report exposes how “policy capture”, where public decisions over policies are consistently or repeatedly directed away from the public interest towards a specific interest, can exacerbate inequalities and undermine democratic values, economic growth and trust in government.

Author : Julia Lynch
Publisher : Cambridge University Press
Page : 313 pages
File Size : 54,5 Mb
Release : 2020-01-02
Category : Medical
ISBN : 9781107001688

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Regimes of Inequality by Julia Lynch Pdf

Why can't politicians seem to make policies that will reduce social inequality, even when they acknowledge that inequality is harmful?

Author : Mary L. Hirschfeld
Publisher : Harvard University Press
Page : 270 pages
File Size : 46,5 Mb
Release : 2018-11-26
Category : Business & Economics
ISBN : 9780674988606

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Aquinas and the Market by Mary L. Hirschfeld Pdf

Economists investigate the workings of markets and tend to set ethical questions aside. Theologians often dismiss economics, losing insights into the influence of market incentives on individual behavior. Mary L. Hirschfeld bridges this gap by showing how a humane economy can lead to the good life as outlined in the thought of St. Thomas Aquinas.

Author : Gillian MacNaughton,Diane Frey,Catherine Porter
Publisher : Cambridge University Press
Page : 446 pages
File Size : 47,8 Mb
Release : 2021-09-02
Category : Business & Economics
ISBN : 9781316518694

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Human Rights and Economic Inequalities by Gillian MacNaughton,Diane Frey,Catherine Porter Pdf

This interdisciplinary volume examines the potential of human rights to challenge economic inequalities and their adverse impacts on human wellbeing.

Author : Saskia Sassen
Publisher : Harvard University Press
Page : 305 pages
File Size : 46,5 Mb
Release : 2014-05-05
Category : Business & Economics
ISBN : 9780674599222

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Expulsions by Saskia Sassen Pdf

Argues that present forms of political and economic structures in the global economy have led to income inequality, displacement of populations, and the destruction of land and water resources and pose dire consequences for countries around the world in the future.

Author : Dambisa Moyo
Publisher : Douglas & McIntyre
Page : 241 pages
File Size : 47,9 Mb
Release : 2011-02-15
Category : Business & Economics
ISBN : 9781553659273

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How the West Was Lost by Dambisa Moyo Pdf

A bold account of the decline of the West's economic supremacy and radical solutions to reverse the drift. Bestselling author Dambisa Moyo gives a fresh insider's perspective on the erosion of Western power over the past 50 years. She examines how the West's flawed financial decisions and blinkered political and military choices have resulted in an economic and geopolitical seesaw that is now poised to favour the emerging world. Moyo is uniquely positioned to examine the West's errors and the techniques the emerging countries used to rise on the global economic stage: As a former economist and banker she gives a new perspective on the dramatic shifts in the global economy Her "Wall Street" vantage point captures the nuances of what role the financial sector had in the decline of Western power Her world view as someone neither from the West nor from any of the emerging countries produces an unbiased, non-Western analysis Moyo daringly claims that the West can no longer afford to regard the up-and-comers simply as menacing gatecrashers and proposes radical solutions it needs to adopt in order to reassert itself as a global economic power.