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The Paradox of Democratic Capitalism

Author : David F. Prindle
Publisher : JHU Press
Page : 389 pages
File Size : 45,14 MB
Release : 2006-08-25
Category : Political Science
ISBN : 0801889472

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A truly interdisciplinary enterprise, The Paradox of Democratic Capitalism examines the interplay of ideas about politics, economics, and law in American society from the pre-revolutionary era to the eve of the September 11 attacks. David F. Prindle argues that while the United States was founded on liberalism, there is constant tension between two ideals of the liberal tradition: capitalism and democracy. Tracing the rise of natural law doctrine from neoclassical economics, Prindle examines the influence of economic development in late medieval society on the emergence of classical liberalism in early America and likens that influence to the impact of orthodox economics on contemporary American society. Prindle also evaluates political, economic, and legal ideas through the lens of his own beliefs. He warns against the emerging extremes of liberal ideology in contemporary American politics, where the right's definition of capitalism excludes interference from democratic publics and the left's definition of democracy excludes a market-based economy.

The Paradox of Democratic Capitalism

Author : David F. Prindle
Publisher : JHU Press
Page : 398 pages
File Size : 41,67 MB
Release : 2006-08-25
Category : Business & Economics
ISBN : 9780801884115

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A truly interdisciplinary enterprise, The Paradox of Democratic Capitalism examines the interplay of ideas about politics, economics, and law in American society from the pre-revolutionary era to the eve of the September 11 attacks. David F. Prindle argues that while the United States was founded on liberalism, there is constant tension between two ideals of the liberal tradition: capitalism and democracy. Tracing the rise of natural law doctrine from neoclassical economics, Prindle examines the influence of economic development in late medieval society on the emergence of classical liberalism in early America and likens that influence to the impact of orthodox economics on contemporary American society. Prindle also evaluates political, economic, and legal ideas through the lens of his own beliefs. He warns against the emerging extremes of liberal ideology in contemporary American politics, where the right's definition of capitalism excludes interference from democratic publics and the left's definition of democracy excludes a market-based economy.

The Capitalism Paradox

Author : Paul H. Rubin
Publisher : Bombardier Books
Page : 139 pages
File Size : 31,75 MB
Release : 2019-07-30
Category : Business & Economics
ISBN : 1642931403

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In spite of its numerous obvious failures, many presidential candidates and voters are in favor of a socialist system for the United States. Socialism is consistent with our primitive evolved preferences, but not with a modern complex economy. One reason for the desire for socialism is the misinterpretation of capitalism. The standard definition of free market capitalism is that it’s a system based on unbridled competition. But this oversimplification is incredibly misleading—capitalism exists because human beings have organically developed an elaborate system based on trust and collaboration that allows consumers, producers, distributors, financiers, and the rest of the players in the capitalist system to thrive. Paul Rubin, the world’s leading expert on cooperative capitalism, explains simply and powerfully how we should think about markets, economics, and business—making this book an indispensable tool for understanding and communicating the vast benefits the free market bestows upon societies and individuals.

The Paradox of American Democracy

Author : John B. Judis
Publisher : Pantheon
Page : 391 pages
File Size : 47,81 MB
Release : 2013-07-24
Category : Political Science
ISBN : 0804150621

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John B. Judis, one of our most insightful political commentators, most rational and careful thinkers, and most engaged witnesses in Washington, has taken on a challenge that even the most concerned American citizens shrink from: forecasting the American political climate at the turn of the century. The Paradox of American Democracy is a penetrating examination of our democracy that illuminates the forces and institutions that once enlivened it and now threaten to undermine it. It is the well-reasoned discussion we need in this era of unrestrained expert opinions and ideologically biased testimony. The disenchantment with our political system can be seen in decreasing voter turnout, political parties co-opted by consultants and large contributors, the corrupting influence of "soft money," and concern for national welfare subverted by lobbying organizations and special-interest groups. Judis revisits particular moments—the Progressive Era, the New Deal, the 1960s—to discover what makes democracy the most efficacious and, consequently, most inefficacious. What has worked in the past is a balancing act between groups of elites—trade commissions, labor relations boards, policy groups—whose mandates are to act in the national interest and whose actions are governed by a disinterested pursuit of the common good. Judis explains how the displacment of such elites by a new lobbying community in Whashington has given rise to the cynicism that corrodes the current political system. The Paradox of American Democracy goes straight to the heart of every political debate in this country.

Supercapitalism

Author : Robert B. Reich
Publisher : Vintage
Page : 235 pages
File Size : 30,84 MB
Release : 2007-09-04
Category : Business & Economics
ISBN : 0307267857

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From one of America's foremost economic and political thinkers comes a vital analysis of our new hypercompetitive and turbo-charged global economy and the effect it is having on American democracy. With his customary wit and insight, Reich shows how widening inequality of income and wealth, heightened job insecurity, and corporate corruption are merely the logical results of a system in which politicians are more beholden to the influence of business lobbyists than to the voters who elected them. Powerful and thought-provoking, Supercapitalism argues that a clear separation of politics and capitalism will foster an enviroment in which both business and government thrive, by putting capitalism in the service of democracy, and not the other way around.

Justice Is an Option

Author : Robert Meister
Publisher : University of Chicago Press
Page : 305 pages
File Size : 18,93 MB
Release : 2021-04-19
Category : Political Science
ISBN : 022673451X

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More than ten years after the worst crisis since the Great Depression, the financial sector is thriving. But something is deeply wrong. Taxpayers bore the burden of bailing out “too big to fail” banks, but got nothing in return. Inequality has soared, and a populist backlash against elites has shaken the foundations of our political order. Meanwhile, financial capitalism seems more entrenched than ever. What is the left to do? Justice Is an Option uses those problems—and the framework of finance that created them—to reimagine historical justice. Robert Meister returns to the spirit of Marx to diagnose our current age of finance. Instead of closing our eyes to the political and economic realities of our era, we need to grapple with them head-on. Meister does just that, asking whether the very tools of finance that have created our vastly unequal world could instead be made to serve justice and equality. Meister here formulates nothing less than a democratic financial theory for the twenty-first century—one that is equally conversant in political philosophy, Marxism, and contemporary politics. Justice Is an Option is a radical, invigorating first page of a new—and sorely needed—leftist playbook.

Democratic Capitalism at the Crossroads

Author : Carles Boix
Publisher : Princeton University Press
Page : 269 pages
File Size : 39,38 MB
Release : 2021-05-04
Category : Business & Economics
ISBN : 0691216894

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An incisive history of the changing relationship between democracy and capitalism The twentieth century witnessed the triumph of democratic capitalism in the industrialized West, with widespread popular support for both free markets and representative elections. Today, that political consensus appears to be breaking down, disrupted by polarization and income inequality, widespread dissatisfaction with democratic institutions, and insurgent populism. Tracing the history of democratic capitalism over the past two centuries, Carles Boix explains how we got here—and where we could be headed. Boix looks at three defining stages of capitalism, each originating in a distinct time and place with its unique political challenges, structure of production and employment, and relationship with democracy. He begins in nineteenth-century Manchester, where factory owners employed unskilled laborers at low wages, generating rampant inequality and a restrictive electoral franchise. He then moves to Detroit in the early 1900s, where the invention of the modern assembly line shifted labor demand to skilled blue-collar workers. Boix shows how growing wages, declining inequality, and an expanding middle class enabled democratic capitalism to flourish. Today, however, the information revolution that began in Silicon Valley in the 1970s is benefitting the highly educated at the expense of the traditional working class, jobs are going offshore, and inequality has risen sharply, making many wonder whether democracy and capitalism are still compatible. Essential reading for these uncertain times, Democratic Capitalism at the Crossroads proposes sensible policy solutions that can help harness the unruly forces of capitalism to preserve democracy and meet the challenges that lie ahead.

The Globalization Paradox

Author : Dani Rodrik
Publisher : OUP Oxford
Page : 442 pages
File Size : 38,25 MB
Release : 2012-05-17
Category : Political Science
ISBN : 0191634255

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For a century, economists have driven forward the cause of globalization in financial institutions, labour markets, and trade. Yet there have been consistent warning signs that a global economy and free trade might not always be advantageous. Where are the pressure points? What could be done about them? Dani Rodrik examines the back-story from its seventeenth-century origins through the milestones of the gold standard, the Bretton Woods Agreement, and the Washington Consensus, to the present day. Although economic globalization has enabled unprecedented levels of prosperity in advanced countries and has been a boon to hundreds of millions of poor workers in China and elsewhere in Asia, it is a concept that rests on shaky pillars, he contends. Its long-term sustainability is not a given. The heart of Rodrik’s argument is a fundamental 'trilemma': that we cannot simultaneously pursue democracy, national self-determination, and economic globalization. Give too much power to governments, and you have protectionism. Give markets too much freedom, and you have an unstable world economy with little social and political support from those it is supposed to help. Rodrik argues for smart globalization, not maximum globalization.

Can Democracy Survive Global Capitalism?

Author : Robert Kuttner
Publisher : W. W. Norton & Company
Page : 323 pages
File Size : 18,66 MB
Release : 2018-04-10
Category : Business & Economics
ISBN : 0393609960

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“Democracy is no longer writing the rules for capitalism; instead it is the other way around. With his deep insight and wide learning, Kuttner is among our best guides for understanding how we reached this point and what’s at stake if we stay on our current path.”—Heather McGhee, president of Demos With a new Afterword In the past few decades, the wages of most workers have stagnated, even as productivity increased. Social supports have been cut, while corporations have achieved record profits. What is going on? According to Robert Kuttner, global capitalism is to blame. By limiting workers’ rights, liberating bankers, and allowing corporations to evade taxation, raw capitalism strikes at the very foundation of a healthy democracy. Capitalism should serve democracy and not the other way around. One result of this misunderstanding is the large number of disillusioned voters who supported the faux populism of Donald Trump. Charting a plan for bold action based on political precedent, Can Democracy Survive Global Capitalism? is essential reading for anyone eager to reverse the decline of democracy in the West.

Paradoxes of Prosperity

Author : Diane Coyle
Publisher : W. W. Norton
Page : 342 pages
File Size : 16,66 MB
Release : 2001
Category : Business & Economics
ISBN :

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Coyle, a Harvard-trained economist, examines the need for worldwide changes and the folly of those who think that capitalism and globalization is anything but a solution.