Capitalism, Democracy, and Development

Capitalism, Democracy, and Development PDF Author: Bruce R. Scott
Publisher:
ISBN: 9783540447627
Category : Capitalism
Languages : en
Pages : 0

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Book Description
This book looks at the emergence of capitalism and democracy as systems of economic and political governance and considers how these two systems may be both mutually supportive and antagonistic. In mapping out the balance between capitalism and democracy, the book includes chapters on the theory and history of these systems that challenge the assumption that their spread will bring about a convergence of incomes either among countries or within them. Inequalities of income and power emerge as a major societal issue alongside poverty, and the book develops alternative societal models based upon the degree of inequality in wealth and power. Since 1980, Anglo-American style capitalism has been a cause of increased inequality in a number of rich countries and threatens to duplicate itself in many developing countries. The book argues that the increasing integration of markets (globalization) will not solve these problems of inequality, they require political solutions. The EU attempts one such solution, but it is not clear whether it will remain competitively viable. Meanwhile, increasing inequality is causing two serious problems for democratic societies: a move to the left and/or political instability in many developing countries and a rising tide of immigrants seeking to move from poor countries to rich.

Capitalism, Democracy, and Development

Capitalism, Democracy, and Development PDF Author: Bruce R. Scott
Publisher:
ISBN: 9783540447627
Category : Capitalism
Languages : en
Pages : 0

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Book Description
This book looks at the emergence of capitalism and democracy as systems of economic and political governance and considers how these two systems may be both mutually supportive and antagonistic. In mapping out the balance between capitalism and democracy, the book includes chapters on the theory and history of these systems that challenge the assumption that their spread will bring about a convergence of incomes either among countries or within them. Inequalities of income and power emerge as a major societal issue alongside poverty, and the book develops alternative societal models based upon the degree of inequality in wealth and power. Since 1980, Anglo-American style capitalism has been a cause of increased inequality in a number of rich countries and threatens to duplicate itself in many developing countries. The book argues that the increasing integration of markets (globalization) will not solve these problems of inequality, they require political solutions. The EU attempts one such solution, but it is not clear whether it will remain competitively viable. Meanwhile, increasing inequality is causing two serious problems for democratic societies: a move to the left and/or political instability in many developing countries and a rising tide of immigrants seeking to move from poor countries to rich.

Capitalist Development and Democracy

Capitalist Development and Democracy PDF Author: Dietrich Rueschemeyer
Publisher:
ISBN: 9780226731445
Category : Political Science
Languages : en
Pages : 387

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Book Description
The authors offer a fresh and persuasive resolution to the controversy arising out of these contrasting traditions. Focusing on advanced industrial countries, Latin America, and the Caribbean, they find that the rise and persistence of democracy cannot be explained either by an overall structural correspondence between capitalism and democracy or by the role of the bourgeoisie as the agent of democratic reform. Rather, capitalist development is associated with democracy because it transforms the class structure, enlarging the working and middle classes, facilitating their self-organization, and thus making it more difficult for elites to exclude them. Simultaneously, development weakens the landed upper class, democracy's most consistent opponent.

Capitalist Development and Democracy

Capitalist Development and Democracy PDF Author: Dietrich Rueschemeyer
Publisher:
ISBN: 9780226731421
Category : Political Science
Languages : en
Pages : 387

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Book Description
The authors offer a fresh and persuasive resolution to the controversy arising out of these contrasting traditions. Focusing on advanced industrial countries, Latin America, and the Caribbean, they find that the rise and persistence of democracy cannot be explained either by an overall structural correspondence between capitalism and democracy or by the role of the bourgeoisie as the agent of democratic reform. Rather, capitalist development is associated with democracy because it transforms the class structure, enlarging the working and middle classes, facilitating their self-organization, and thus making it more difficult for elites to exclude them. Simultaneously, development weakens the landed upper class, democracy's most consistent opponent.

Capitalist Development and Democracy

Capitalist Development and Democracy PDF Author: Dietrich Rueschemeyer
Publisher: Wiley-Blackwell
ISBN: 9780745609454
Category : Authoritarianism
Languages : en
Pages : 387

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Book Description


Clientelism, Capitalism, and Democracy

Clientelism, Capitalism, and Democracy PDF Author: Didi Kuo
Publisher: Cambridge University Press
ISBN: 1108426085
Category : Political Science
Languages : en
Pages : 181

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Book Description
In the United States and Britain, capitalists organized in opposition to clientelism and demanded programmatic parties and institutional reforms.

Tensions Between Capitalism and Democracy Today

Tensions Between Capitalism and Democracy Today PDF Author: Gülenay Baş Dinar
Publisher: Springer Nature
ISBN: 3031455479
Category : Political Science
Languages : en
Pages : 132

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Book Description
This book examines the intellectual ideas that underpin our understanding of capitalism. Framing these debates through the work on John Stuart Mill and Joseph Schumpeter, the development of democracy and its relationship with capitalism is explored to provide insight into the rationality of individuals and the distribution of power. By analysing the evolution of economic systems, ideas relating to democracy, capitalism, liberalism, competition, and elites are also defined. This book aims to inform current economic and political debates and to highlight new forms of democracy and capitalism. It will be relevant to students and researchers interested in the political economy and the history of economic thought.

Capitalism and Democracy in the Third World

Capitalism and Democracy in the Third World PDF Author: Paul Cammack
Publisher: A&C Black
ISBN: 9780718500894
Category : Political Science
Languages : en
Pages : 292

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Book Description
Analyzes and interprets political development theory from a critical Marxist perspective. The central theme is the emergence of a separate doctrine for political development in the wake of disillusionment with the prospects of building a universal theory, interpreted by the author as a transitional program for the installation and consolidation of capitalist regimes in the Third World. Topics include capitalism and democracy in the post-war period; the search for a theory of development; functionalism; political culture; and the comparative historical approach. Distributed by Books International. Annotation copyrighted by Book News, Inc., Portland, OR

Capitalism and Democracy in the Twenty-First Century

Capitalism and Democracy in the Twenty-First Century PDF Author: Gavin Kitching
Publisher: Routledge
ISBN: 1000681351
Category : Philosophy
Languages : en
Pages : 211

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Book Description
This short book makes a connection between recent ‘tectonic shifts’ in the world economy and the political problems currently confronted by western democracies. The shift of manufacturing away from the West, allied to the pressure to keep costs down in an increasingly competitive global economy, has led to economic inequality, reliance on service industry employment and public sector austerity. All this has in turn produced large numbers of desperate citizens attracted to a populist economic nationalism accompanied by xenophobia. However, the originality of this text lies not in the above argument, but in the philosophical reflections which drive and derive from it. These include reflections on history as a supposed causal process; on the need to make ethical judgements of economic activities and the difficulties of doing so; and on the problems confronting modern citizens in understanding complex economic processes and their political implications. Capitalism and Democracy in the Twenty-First Century endorses Wittgenstein’s ‘praxis’ approach to human social life and its study. Accordingly, it not only analyses economic and political problems but suggests ways of solving or mitigating them. In doing so it relies on Marx’s conviction that our capacity to see certain phenomena as problems is at least a priori evidence that they can be solved. This book will appeal to undergraduate and postgraduate students of politics, comparative politics, political economy and international relations.

Democracy and Prosperity

Democracy and Prosperity PDF Author: Torben Iversen
Publisher: Princeton University Press
ISBN: 0691210217
Category : Business & Economics
Languages : en
Pages : 359

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Book Description
It is a widespread view that democracy and the advanced nation-state are in crisis, weakened by globalization and undermined by global capitalism, in turn explaining rising inequality and mounting populism. This book, written by two of the world's leading political economists, argues this view is wrong: advanced democracies are resilient, and their enduring historical relationship with capitalism has been mutually beneficial. For all the chaos and upheaval over the past century--major wars, economic crises, massive social change, and technological revolutions--Torben Iversen and David Soskice show how democratic states continuously reinvent their economies through massive public investment in research and education, by imposing competitive product markets and cooperation in the workplace, and by securing macroeconomic discipline as the preconditions for innovation and the promotion of the advanced sectors of the economy. Critically, this investment has generated vast numbers of well-paying jobs for the middle classes and their children, focusing the aims of aspirational families, and in turn providing electoral support for parties. Gains at the top have also been shared with the middle (though not the bottom) through a large welfare state. Contrary to the prevailing wisdom on globalization, advanced capitalism is neither footloose nor unconstrained: it thrives under democracy precisely because it cannot subvert it. Populism, inequality, and poverty are indeed great scourges of our time, but these are failures of democracy and must be solved by democracy.

Democratic Capitalism at the Crossroads

Democratic Capitalism at the Crossroads PDF Author: Carles Boix
Publisher: Princeton University Press
ISBN: 0691190984
Category : Business & Economics
Languages : en
Pages : 269

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Book Description
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.