The Case for Economic Democracy

The Case for Economic Democracy

Author: Andrew Cumbers

Publisher: Polity

Published: 2020-04-13

Total Pages: 140

ISBN-13: 9781509533855

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The idea that the people have a right to shape political decisions through democratic means is widely accepted. The same cannot be said of the decisions that impact on our everyday economic life in the workplace and beyond. Andrew Cumbers shows why this is wrong, and why, in the context of the rising tide of populism and the perceived crisis of liberal democracy, economic democracy's time has come. Four decades of market deregulation, financialisation, economic crisis and austerity has meant a loss of economic control and security for the majority of the world's population. The solution must involve allowing people to 'take back control' of their economic lives. Cumbers goes beyond older traditions of economic democracy to develop an ambitious new framework that includes a traditional concern with workplace rights and collective bargaining, but shifts the focus to include consideration of individual economic rights and processes of public engagement and deliberation beyond the workplace. This topical and original book will be essential reading for anyone interested in radical solutions for our economic and political crises.


Reclaiming Public Ownership

Reclaiming Public Ownership

Author: Professor Andrew Cumbers

Publisher: Bloomsbury Publishing

Published: 2012-09-13

Total Pages: 265

ISBN-13: 1780320086

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*** Winner of the Myrdal Prize for Evolutionary Political Economy *** The last few years have seen the spectacular failure of market fundamentalism in Europe and the US, with a seemingly never-ending spate of corporate scandals and financial crises. As the environmental limits and socially destructive tendencies of the current profit-driven economic model become daily more self-evident, there is a growing demand for a fairer economic alternative, as evidenced by the mounting campaigns against global finance and the politics of austerity. Reclaiming Public Ownership tackles these issues head on, going beyond traditional leftist arguments about the relative merits of free markets and central planning to present a radical new conception of public ownership, framed around economic democracy and public participation in economic decision-making. Cumbers argues that a reconstituted public ownership is central to the creation of a more just and sustainable society. This book is a timely reconsideration of a long-standing but essential topic.


Economic Democracy

Economic Democracy

Author: Robin Archer

Publisher:

Published: 1995

Total Pages: 290

ISBN-13:

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The author argues that by pursuing economic democracy, socialism can return to the heart of political life in advanced capitalist countries. He demonstrates that there is both a moral case for economic democracy and a feasible strategy for achieving it.


A Preface to Democratic Theory

A Preface to Democratic Theory

Author: Robert A. Dahl

Publisher: University of Chicago Press

Published: 1956

Total Pages: 168

ISBN-13: 9780226134260

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Robert Dahl's Preface helped launch democratic theory fifty years ago as a new area of study in political science, and it remains the standard introduction to the field. Exploring problems that had been left unsolved by traditional thought on democracy, Dahl here examines two influential models--the Madisonian, which represents prevailing American doctrine, and its recurring challenger, populist theory--arguing that they do not accurately portray how modern democracies operate. He then constructs a model more consistent with how contemporary democracies actually function, and, in doing so, develops some original views of popular sovereignty and the American constitutional system.


Economic Origins of Dictatorship and Democracy

Economic Origins of Dictatorship and Democracy

Author: Daron Acemoglu

Publisher: Cambridge University Press

Published: 2006

Total Pages: 444

ISBN-13: 9780521855266

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This book develops a framework for analyzing the creation and consolidation of democracy. Different social groups prefer different political institutions because of the way they allocate political power and resources. Thus democracy is preferred by the majority of citizens, but opposed by elites. Dictatorship nevertheless is not stable when citizens can threaten social disorder and revolution. In response, when the costs of repression are sufficiently high and promises of concessions are not credible, elites may be forced to create democracy. By democratizing, elites credibly transfer political power to the citizens, ensuring social stability. Democracy consolidates when elites do not have strong incentive to overthrow it. These processes depend on (1) the strength of civil society, (2) the structure of political institutions, (3) the nature of political and economic crises, (4) the level of economic inequality, (5) the structure of the economy, and (6) the form and extent of globalization.


The Case for Community Wealth Building

The Case for Community Wealth Building

Author: Joe Guinan

Publisher: Polity

Published: 2019-12-31

Total Pages: 0

ISBN-13: 9781509539024

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Our broken economic model drives inequality and disempowerment, lining the pockets of corporations while extracting wealth from local communities. How can we reverse this? Joe Guinan and Martin O’Neill argue for an approach that uses the power of democratic participation to drive equitable development and ensure that wealth is widely shared. They show how this model – Community Wealth Building – can transform our economic system by creating a web of collaborative institutions, from worker cooperatives to community land trusts and public banks, that empower and enrich the many, not the few. This book is essential reading for everyone interested in building more equal, inclusive, and democratic societies.


Crisis

Crisis

Author: Sylvia Walby

Publisher: John Wiley & Sons

Published: 2015-10-30

Total Pages: 174

ISBN-13: 150950320X

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We are living in a time of crisis which has cascaded through society. Financial crisis has led to an economic crisis of recession and unemployment; an ensuing fiscal crisis over government deficits and austerity has led to a political crisis which threatens to become a democratic crisis. Borne unevenly, the effects of the crisis are exacerbating class and gender inequalities. Rival interpretations – a focus on ‘austerity’ and reduction in welfare spending versus a focus on ‘financial crisis’ and democratic regulation of finance – are used to justify radically diverse policies for the distribution of resources and strategies for economic growth, and contested gender relations lie at the heart of these debates. The future consequences of the crisis depend upon whether there is a deepening of democratic institutions, including in the European Union. Sylvia Walby offers an alternative framework within which to theorize crisis, drawing on complexity science and situating this within the wider field of study of risk, disaster and catastrophe. In doing so, she offers a critique and revision of the social science needed to understand the crisis.


Economic Reform and Democracy

Economic Reform and Democracy

Author: Larry Jay Diamond

Publisher:

Published: 1995

Total Pages: 252

ISBN-13: 9780801852572

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The emergence of new democracies in Eastern Europe has raised anew the question of the relationship between economic reform and political liberalization. Should economic reform come first, then political liberalization? Or political reform first, followed by economic change? Or both at the same time? In Economic Reform and Democracy Larry Diamond and Marc F. Plattner bring together a distinguished group of authorities to examine this question as it relates to Latin America, Europe, Asia, and Africa. Topics include the challenges of consolidation; the myth of the authoritarian advantage; the second stage of reform in Latin America; linkages between politics and economics; the case for radical reform; going beyond shock therapy; the puzzle of East Asian exceptionalism; an alternative for Africa; the ability of the Middle East to compete; democratization and business interests; the politics of safety nets; and the problems of simultaneous transitions. Contributors: Larry Diamond, Marc F. Plattner, Stephan Haggard, Robert R. Kaufman, Jos Mara Maravall, Moiss Nam, Joan M. Nelson, Barbara Geddes, Anders ?slund, Leszek Balcerowixz, Padma Desai, Minxin Pei, Adebayo Adedeji, Thomas Callaghy, Nicholas van de Walle, Henri Barkey, John D. Sullivan, William Douglas, Carol Graham, Leslie Elliot Armijo, Thomas J. Biersteker, and Abraham F. Lowenthal.