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Author: C. Edwin Baker
Publisher: Cambridge University Press
ISBN: 1139432427
Category : Political Science
Languages : en
Pages : 395
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Book Description
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.
Author: C. Edwin Baker
Publisher: Cambridge University Press
ISBN: 1139432427
Category : Political Science
Languages : en
Pages : 395
Get Book Here
Book Description
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.
Author: Samuel Bowles
Publisher: Cambridge University Press
ISBN: 9780521432238
Category : Business & Economics
Languages : en
Pages : 372
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Book Description
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.
Author: Adam Przeworski
Publisher: Cambridge University Press
ISBN: 9780521423359
Category : Business & Economics
Languages : en
Pages : 230
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Book Description
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?
Author: Eric A. Posner
Publisher: Princeton University Press
ISBN: 0691196974
Category : Business & Economics
Languages : en
Pages : 208
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Book Description
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.
Author: Beth A. Simmons
Publisher:
ISBN: 9780511386138
Category :
Languages : en
Pages : 385
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Book Description
Analyses the ways markets and democracy have diffused around the world through interdependent decision-making.
Author: Thomas A. Spragens, Jr.
Publisher: University of Notre Dame Pess
ISBN: 0268200157
Category : Political Science
Languages : en
Pages : 319
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Book Description
This book serves as an introduction to the ongoing political debate about the relationship of capitalism and democracy. In recent years, the ideological battles between advocates of free markets and minimal government, on the one hand, and adherents of greater democratic equality and some form of the welfare state, on the other hand, have returned in full force. Anyone who wants to make sense of contemporary American politics and policy battles needs to have some understanding of the divergent beliefs and goals that animate this debate. In Capitalism and Democracy, Thomas A. Spragens, Jr., examines the opposing sides of the free market versus welfare state debate through the lenses of political economy, moral philosophy, and political theory. He asks: Do unchecked markets maximize prosperity, or do they at times produce wasteful and damaging outcomes? Are market distributions morally appropriate, or does fairness require some form of redistribution? Would a society of free markets and minimal government be the best kind of society possible, or would it have serious problems? After leading the reader through a series of thought experiments designed to compare and clarify the thought processes and beliefs held by supporters of each side, Spragens explains why there are no definitive answers to these questions. He concludes, however, that some answers are better than others, and he explains why his own judgement is that a vigorous free marketplace provides great benefits to a democratic society, both economically and politically, but that it also requires regulation and supplementation by collective action for a society to maximize prosperity, to mitigate some of the unfairness of the human condition, and to be faithful to important democratic purposes and ideals. This engaging and accessible book will interest students and scholars of political economy, democratic theory, and theories of social justice. It will also appeal to general readers who are seeking greater clarity and understanding of contemporary debates about government's role in the economy.
Author: Amy Chua
Publisher: Anchor
ISBN: 1400076374
Category : Political Science
Languages : en
Pages : 370
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Book Description
The reigning consensus holds that the combination of free markets and democracy would transform the third world and sweep away the ethnic hatred and religious zealotry associated with underdevelopment. In this revelatory investigation of the true impact of globalization, Yale Law School professor Amy Chua explains why many developing countries are in fact consumed by ethnic violence after adopting free market democracy. Chua shows how in non-Western countries around the globe, free markets have concentrated starkly disproportionate wealth in the hands of a resented ethnic minority. These “market-dominant minorities” – Chinese in Southeast Asia, Croatians in the former Yugoslavia, whites in Latin America and South Africa, Indians in East Africa, Lebanese in West Africa, Jews in post-communist Russia – become objects of violent hatred. At the same time, democracy empowers the impoverished majority, unleashing ethnic demagoguery, confiscation, and sometimes genocidal revenge. She also argues that the United States has become the world’s most visible market-dominant minority, a fact that helps explain the rising tide of anti-Americanism around the world. Chua is a friend of globalization, but she urges us to find ways to spread its benefits and curb its most destructive aspects.
Author: Amanda Root
Publisher: SAGE
ISBN: 184860520X
Category : Social Science
Languages : en
Pages : 201
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Book Description
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.
Author: Javier Santiso
Publisher:
ISBN: 9780262019002
Category : Capital market
Languages : en
Pages : 0
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Book Description
A data-driven investigation of the interaction between politics and finance in emerging markets, focusing on Latin America. Politics matter for financial markets and financial markets matter for politics, and nowhere is this relationship more apparent than in emerging markets. In Banking on Democracy, Javier Santiso investigates the links between politics and finance in countries that have recently experienced both economic and democratic transitions. He focuses on elections, investigating whether there is a "democratic premium"--whether financial markets and investors tend to react positively to elections in emerging markets. Santiso devotes special attention to Latin America, where over the last three decades many countries became democracies, with regular elections, just as they also became open economies dependent on foreign capital and dominated bond markets. Santiso's analysis draws on a unique set of primary databases (developed during his years at the OECD Development Centre) covering an entire decade: more than 5,000 bank and fund manager portfolio recommendations on emerging markets. Santiso examines the trajectory of Brazil, for example, through its presidential elections of 2002, 2006, and 2010 and finds a decoupling of financial and political cycles that occurred also in many other emerging economies. He charts this evolution through the behavior of brokers, analysts, fund managers, and bankers. Ironically, Santiso points out, while some emerging markets have decoupled politics and finance, in the wake of the 2008-2012 financial crisis many developed economies (Europe and the United States) have experienced a recoupling between finance and politics.
Author: Charles Edward Lindblom
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 360
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Book Description
Representing the whole spectrum of Lindblom's thought from advocate of incrementalism to critic of certain social institutions, this collection of his papers--many previously unpublished--covers such topics as "Democracy and Economic Structure," "The Rediscovery of the Market," "American Politics since 1970," "Bargaining: The Hidden Hand in Government," and "Integration of Economics and the Other Social Sciences through Policy Analysis."
