Markets and Democracy
Markets and Democracy

Author: Samuel Bowles

Publisher: Cambridge University Press

Published: 1993-07-22

Total Pages: 372

ISBN-13: 9780521432238

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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.

Democracy and the Market
Democracy and the Market

Author: Adam Przeworski

Publisher: Cambridge University Press

Published: 1991-07-26

Total Pages: 230

ISBN-13: 9780521423359

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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?

Media, Markets, and Democracy
Media, Markets, and Democracy

Author: C. Edwin Baker

Publisher: Cambridge University Press

Published: 2001-11-05

Total Pages: 395

ISBN-13: 1139432427

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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.

Radical Markets
Radical Markets

Author: Eric A. Posner

Publisher: Princeton University Press

Published: 2019-10-08

Total Pages: 190

ISBN-13: 0691196974

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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.

Government and Markets
Government and Markets

Author: Edward J. Balleisen

Publisher: Cambridge University Press

Published: 2010

Total Pages: 579

ISBN-13: 0521118484

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After two generations of emphasis on governmental inefficiency and the need for deregulation, we now see growing interest in the possibility of constructive governance, alongside public calls for new, smarter regulation. Yet there is a real danger that regulatory reforms will be rooted in outdated ideas. As the financial crisis has shown, neither traditional market failure models nor public choice theory, by themselves, sufficiently inform or explain our current regulatory challenges. Regulatory studies, long neglected in an atmosphere focused on deregulatory work, is in critical need of new models and theories that can guide effective policy-making. This interdisciplinary volume points the way toward the modernization of regulatory theory. Its essays by leading scholars move past predominant approaches, integrating the latest research about the interplay between human behavior, societal needs, and regulatory institutions. The book concludes by setting out a potential research agenda for the social sciences.

Market-Driven Politics
Market-Driven Politics

Author: Colin Leys

Publisher: Verso

Published: 2003-07-17

Total Pages: 294

ISBN-13: 9781859844977

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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.

Market Citizenship
Market Citizenship

Author: Amanda Root

Publisher: SAGE

Published: 2007-06-18

Total Pages: 201

ISBN-13: 184860520X

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Citizens are caught in a paradox. Voting levels are falling, there are growing feelings of powerlessness, social unfairness and yet citizens are constantly told that they have more choice as well as greater freedom and liberty. This book brilliantly explains these discrepancies. It shows that the new definitions of freedom as responsibility to create prosperity through markets is seriously distorting citizenship whilst appearing to be unbiased and neutral. It exposes inconsistencies in the market-based and apolitical vision of our collective future. This book: outlines how market citizenship involves a new kind of rationality in which citizens are defined as individualized utility maximizers shows how the idea that citizens act primarily to develop their narrow self-interest has encouraged the creation of competitive governance mechanisms analyses how market mechanisms are used to decide who are ′winners′ and ′losers′ - from the loss of youth groups funding to global treaties discussess the shortfalls when key contemporary issues are tackled through ′win-win′ solutions with business working alongside consumers, with little or no role for government explaims how localism and the devolution of power is being used to support the status quo. suggests new kinds of engagement are emerging because markets have undermined politics. Essential reading for students, policy-makers and researchers of citizenship within sociology, politics, economics, geography and social policy.

Financial Globalization and Democracy in Emerging Markets
Financial Globalization and Democracy in Emerging Markets

Author: L. Armijo

Publisher: Springer

Published: 1999-01-13

Total Pages: 366

ISBN-13: 0333994892

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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.

Caring Democracy
Caring Democracy

Author: Joan C. Tronto

Publisher: NYU Press

Published: 2013-04-12

Total Pages: 248

ISBN-13: 0814782787

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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).