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Corruption Capitalism And Democracy
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Book Synopsis Corruption, Capitalism and Democracy by : John Girling
Download or read book Corruption, Capitalism and Democracy written by John Girling and published by Routledge. This book was released on 2002-03-11 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: Corruption arises from the collusion of economic and political elites, a practice that has developed in order to overcome the contradiction of two important processes of our time: capitalism and democracy. In this new study of the phenomenon, the author shows how corruption is the practice of collusion taken to excess; 'the unacceptable face of capitalism'. Corruption, by 'going too far', exposes what is normally hidden from view; the collusive system of elites furthering the expansion of capitalist practice and market practice at the expense of democratic practice and public values.
Book Synopsis Corruption, Capitalism and Democracy by : John Girling
Download or read book Corruption, Capitalism and Democracy written by John Girling and published by . This book was released on 1997 with total page 181 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Corruption of Capitalism by : Guy Standing
Download or read book The Corruption of Capitalism written by Guy Standing and published by Biteback Publishing. This book was released on 2021-05-06 with total page 289 pages. Available in PDF, EPUB and Kindle. Book excerpt: Politicians, financiers and bureaucrats claim to believe in free competitive markets, yet they have built the most unfree market system ever created. In this Gilded Age, income is funnelled to the owners of property – financial, physical and intellectual – at the expense of society. Wages stagnate as labour markets are transformed by outsourcing, automation and the on-demand economy, generating more rental income while broadening the precariat. Now fully updated with an introduction examining the systemic issues exposed by Brexit and Covid-19, The Corruption of Capitalism argues that rentier capitalism is fostering revolt and presents a new income distribution system that would achieve the extinction of the rentier while encouraging sustainable growth.
Book Synopsis Capitalism v. Democracy by : Timothy Kuhner
Download or read book Capitalism v. Democracy written by Timothy Kuhner and published by Stanford Law Books. This book was released on 2014-06-25 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: As of the latest national elections, it costs approximately $1 billion to become president, $10 million to become a Senator, and $1 million to become a Member of the House. High-priced campaigns, an elite class of donors and spenders, superPACs, and increasing corporate political power have become the new normal in American politics. In Capitalism v. Democracy, Timothy Kuhner explains how these conditions have corrupted American democracy, turning it into a system of rule that favors the wealthy and marginalizes ordinary citizens. Kuhner maintains that these conditions have corrupted capitalism as well, routing economic competition through political channels and allowing politically powerful companies to evade market forces. The Supreme Court has brought about both forms of corruption by striking down campaign finance reforms that limited the role of money in politics. Exposing the extreme economic worldview that pollutes constitutional interpretation, Kuhner shows how the Court became the architect of American plutocracy. Capitalism v. Democracy offers the key to understanding why corporations are now citizens, money is political speech, limits on corporate spending are a form of censorship, democracy is a free market, and political equality and democratic integrity are unconstitutional constraints on money in politics. Supreme Court opinions have dictated these conditions in the name of the Constitution, as though the Constitution itself required the privatization of democracy. Kuhner explores the reasons behind these opinions, reveals that they form a blueprint for free market democracy, and demonstrates that this design corrupts both politics and markets. He argues that nothing short of a constitutional amendment can set the necessary boundaries between capitalism and democracy.
Book Synopsis Capital Corruption by : Amitai Etzioni
Download or read book Capital Corruption written by Amitai Etzioni and published by Transaction Publishers. This book was released on 1984 with total page 364 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work is a quality analysis of the problems posed by Political Action Committees in American life. As the author notes in his new introduction: "Political corruption, as measured by campaign contributions of special interests to elected officials, increased significantly in the few years since the first publication of Capital Corruption. The number of PACs rose from 2,551 in 1980 to 4,175 by 1986. The percentage of PAC contribution of total campaign costs increased from 31.4 percent in 1980 to 41.9 percent (House) and 24.5 percent to 27.0 percent (Senate) in 1986." Such data only begin to tell the story of a book which has grown in stature during the decade. Etzioni characterizes Washington as a marketplace where deals are struck, where a special interest group can buy single pieces of legislation or long-run commitments or a whole slew of legislation. Because such purchases are not direct, but elliptical, they fall within the legal system, but for Etzioni, they are beyond the pale of moral or political worthiness. The book provides policy answers to vexing political dilemmas of mass politics today. The volume has been described as "a devastating indictment of our present system of financing elections" (John Anderson); Etzioni has been called "arguably the best political sociologist writing today" (Warren Bennis); and the founder of Common Cause has termed this "a powerful and important book. If it is widely read and understood the nation will benefit" (John Gardner).
Book Synopsis The Great Deformation by : David Stockman
Download or read book The Great Deformation written by David Stockman and published by Public Affairs. This book was released on 2013-04-02 with total page 770 pages. Available in PDF, EPUB and Kindle. Book excerpt: A former Michigan congressman and member of the Reagan administration describes how interference in the financial markets has contributed to the national debt and has damaging and lasting repercussions.
Book Synopsis Digital Disconnect by : Robert W. McChesney
Download or read book Digital Disconnect written by Robert W. McChesney and published by New Press, The. This book was released on 2013-03-05 with total page 319 pages. Available in PDF, EPUB and Kindle. Book excerpt: Celebrants and skeptics alike have produced valuable analyses of the Internet's effect on us and our world, oscillating between utopian bliss and dystopian hell. But according to Robert W. McChesney, arguments on both sides fail to address the relationship between economic power and the digital world. McChesney's award-winning Rich Media, Poor Democracy skewered the assumption that a society drenched in commercial information is a democratic one. In Digital Disconnect McChesney returns to this provocative thesis in light of the advances of the digital age, incorporating capitalism into the heart of his analysis. He argues that the sharp decline in the enforcement of antitrust violations, the increase in patents on digital technology and proprietary systems, and other policies and massive indirect subsidies have made the Internet a place of numbing commercialism. A small handful of monopolies now dominate the political economy, from Google, which garners an astonishing 97 percent share of the mobile search market, to Microsoft, whose operating system is used by over 90 percent of the world's computers. This capitalistic colonization of the Internet has spurred the collapse of credible journalism, and made the Internet an unparalleled apparatus for government and corporate surveillance, and a disturbingly anti-democratic force. In Digital Disconnect Robert McChesney offers a groundbreaking analysis and critique of the Internet, urging us to reclaim the democratizing potential of the digital revolution while we still can.
Download or read book Radical Markets written by Eric A. Posner and published by Princeton University Press. This book was released on 2019-10-08 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Wealth and Justice by : Peter Wehner
Download or read book Wealth and Justice written by Peter Wehner and published by Government Institutes. This book was released on 2010-10-16 with total page 91 pages. Available in PDF, EPUB and Kindle. Book excerpt: Popular opinion would have us believe that America's free market system is driven by greed and materialism, resulting in gross inequalities of wealth, destruction of the environment, and other social ills. Even proponents of capitalism often refer to the free market as simply a 'lesser evil' whose faults are preferable to those of social democracy or communism. But what if the conventional understanding of capitalism as corrupt and unprincipled is wrong? What if the free market economy actually reinforces Christian values? In Wealth and Justice: The Morality of Democratic Capitalism, Arthur C. Brooks and Peter Wehner explore how America's system of democratic capitalism both depends upon and cultivates an intricate social web of families, churches, and communities. Far from oppressing and depriving individuals, the free market system uniquely enables Americans to exercise vocation and experience the dignity of self-sufficiency, all while contributing to the common good. The fruits of this system include the alleviation of poverty, better health, and greater access to education than at any other time in human history-but also a more significant prosperity: the flourishing of the human soul.
Book Synopsis Capitalism v. Democracy by : Timothy K. Kuhner
Download or read book Capitalism v. Democracy written by Timothy K. Kuhner and published by Stanford University Press. This book was released on 2014-06-25 with total page 376 pages. Available in PDF, EPUB and Kindle. Book excerpt: As of the latest national elections, it costs approximately $1 billion to become president, $10 million to become a Senator, and $1 million to become a Member of the House. High-priced campaigns, an elite class of donors and spenders, superPACs, and increasing corporate political power have become the new normal in American politics. In Capitalism v. Democracy, Timothy Kuhner explains how these conditions have corrupted American democracy, turning it into a system of rule that favors the wealthy and marginalizes ordinary citizens. Kuhner maintains that these conditions have corrupted capitalism as well, routing economic competition through political channels and allowing politically powerful companies to evade market forces. The Supreme Court has brought about both forms of corruption by striking down campaign finance reforms that limited the role of money in politics. Exposing the extreme economic worldview that pollutes constitutional interpretation, Kuhner shows how the Court became the architect of American plutocracy. Capitalism v. Democracy offers the key to understanding why corporations are now citizens, money is political speech, limits on corporate spending are a form of censorship, democracy is a free market, and political equality and democratic integrity are unconstitutional constraints on money in politics. Supreme Court opinions have dictated these conditions in the name of the Constitution, as though the Constitution itself required the privatization of democracy. Kuhner explores the reasons behind these opinions, reveals that they form a blueprint for free market democracy, and demonstrates that this design corrupts both politics and markets. He argues that nothing short of a constitutional amendment can set the necessary boundaries between capitalism and democracy.
Book Synopsis Can Democracy Survive Global Capitalism? by : Robert Kuttner
Download or read book Can Democracy Survive Global Capitalism? written by Robert Kuttner and published by W. W. Norton & Company. This book was released on 2018-04-10 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt: One of our leading social critics recounts capitalism’s finest hour, and shows us how we might achieve it once again. 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. Downward mobility has produced political backlash. What is going on? Can Democracy Survive Global Capitalism? argues that neither trade nor immigration nor technological change is responsible for the harm to workers’ prospects. According to Robert Kuttner, global capitalism is to blame. By limiting workers’ rights, liberating bankers, allowing corporations to evade taxation, and preventing nations from assuring economic security, raw capitalism strikes at the very foundation of a healthy democracy. The resurgence of predatory capitalism was not inevitable. After the Great Depression, the U.S. government harnessed capitalism to democracy. Under Roosevelt’s New Deal, labor unions were legalized, and capital regulated. Well into the 1950s and ’60s, the Western world combined a thriving economy with a secure and growing middle class. Beginning in the 1970s, as deregulated capitalism regained the upper hand, elites began to dominate politics once again; policy reversals followed. The inequality and instability that ensued would eventually, in 2016, cause disillusioned voters to support far-right faux populism. Is today’s poisonous alliance of reckless finance and ultranationalism inevitable? Or can we find the political will to make capitalism serve democracy, and not the other way around? 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.
Book Synopsis Political Capitalism by : Randall G. Holcombe
Download or read book Political Capitalism written by Randall G. Holcombe and published by Cambridge University Press. This book was released on 2018-07-19 with total page 305 pages. Available in PDF, EPUB and Kindle. Book excerpt: Problems associated with cronyism, corporatism, and policies that favor the elite over the masses have received increasing attention in recent years. Political Capitalism explains that what people often view as the result of corruption and unethical behavior are symptoms of a distinct system of political economy. The symptoms of political capitalism are often viewed as the result of government intervention in a market economy, or as attributes of a capitalist economy itself. Randall G. Holcombe combines well-established theories in economics and the social sciences to show that political capitalism is not a mixed economy, or government intervention in a market economy, or some intermediate step between capitalism and socialism. After developing the economic theory of political capitalism, Holcombe goes on to explain how changes in political ideology have facilitated the growth of political capitalism, and what can be done to redirect public policy back toward the public interest.
Book Synopsis How Capitalism and the Liberal Market-system Fostered Organized Crime, Corruption and Ecocide by : Rodolfo Apreda
Download or read book How Capitalism and the Liberal Market-system Fostered Organized Crime, Corruption and Ecocide written by Rodolfo Apreda and published by . This book was released on 2020 with total page 270 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This book puts forward an innovative standpoint for politics and governance that seeks meaningful connections with organized crime, corruption and ecocide. Looking into the sources of their growth and global spread, it upholds that capitalism, the market system and economic liberalism have nourished and enabled such developments, while criminal organizations, corrupt politicians, businessmen and multinationals engaged in ecocide have been evolving and bringing havoc to countries and their populations alike. Furthermore, it intimates how organized crime, corruption and ecocide have thrived and turned out to be a conspicuous and wide-ranging player not only in governance but also in politics worldwide. When we ask ourselves why such developments took place, the answer would disclose an outrageous picture: this process simply unfolded from using the same toolkit of resources, regulations, skills, and technological innovations that capitalism and the market system had been providing to the formal habitats of legal economy and politics since the nineteenth century; needless too say, with the help of an ideology entangled in economic liberalism and its latest outgrowth, neo liberalism. We could wonder why criminal organizations and political malfeasance were both able to carry out this way so far. The answer will shock everybody: because those organizations were allowed, firstly, to set up efficacious governances to profit from crime and, secondly, politics furnished them with clout, connivance, and power to handle riches and spoils. To countervail the hideous workings of a system that faces its reckoning days and own demise, the book finally puts forward that the social democracy is the best qualified political system to build up the road towards post capitalism. Let us take a look on the roadmap for this work. In chapter 1 we will lay the grounds to a comprehensive treatment of governance and politics, which must be assessed as complementary stages in pursuit of the common good[1]. Besides, political networks and their governance will be brought to the shore since they are changing the way politics is being crafted at the end of the day. Chapter 2 will focus on the basic tenets of sound governance and politics: firstly, accountability (as the interplay of both commitments and responsibilities) and, secondly, transparency. Against the mainstream approach, it will be ascertained that both features must be regarded as social learning processes. Finally, it will highlight the governance and politics of secrecy. It is for chapter 3 to deal with political conflict systems, claiming for a clinical approach to conflicts of interest, also introducing the notion and scope of dual governance that proves essential whenever we address the subject of state-owned firms. Chapter 4 will enlarge upon dysfunctional and opaque styles of governances, moving on to the capture of the state by groups of interest and spreading corruption. Due heed will be given to regulation, gatekeepers and connivance. Chapter 5 is devoted to the governance and politics of organized crime and ecocide, what amounts to a new approach to criminal organizations that sheds light to their partnership with bad governance and worse politics. Chapter 6 points out to the comprehensive failure of both capitalism and the so-called liberal market-system. Markets in the flesh will be described further, whereas several misunderstandings involved in the predicated coalescence between capitalism and democracy will be debunked eventually. Afterwards, the hideous consequences of the business interests of the military industrial complex in the most powerful countries, as well as the shock doctrine advocated by most graduates from the so-called Chicago School economists (joining forces with followers of the Washington Consensus) will be related together so as to connect the dots that lead to the crumbling of capitalism. Finally, the last chapter gathers the threads that run through the foregoing ones, so as to shape the following two lines of argument: It seems rather implausible that within the current architecture of capitalism and economic liberalism, the above-mentioned triad could be curbed, not least uprooted. And this should not be surprising, since the triad embodies and assimilates countless black holes streamlined in the incumbent political and economic structure. In this day and age, post capitalism cannot be regarded any longer as some utopian destination, but instead as a sheer need for redressing the wrongs of rampant social inequality and widespread spate of criminal behavior. That is why this book advocates that social democracy, social markets, and the welfare state will stand for post capitalism, within healthy representative democracies. [1] The reader will find, at the beginning of each chapter, an abstract as well as an introduction to their main contents"--
Book Synopsis Corruption, Capitalism and Democracy by : John Girling
Download or read book Corruption, Capitalism and Democracy written by John Girling and published by Routledge. This book was released on 2002-03-11 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: Corruption arises from the collusion of economic and political elites, a practice that has developed in order to overcome the contradiction of two important processes of our time: capitalism and democracy. In this new study of the phenomenon, the author shows how corruption is the practice of collusion taken to excess; 'the unacceptable face of capitalism'. Corruption, by 'going too far', exposes what is normally hidden from view; the collusive system of elites furthering the expansion of capitalist practice and market practice at the expense of democratic practice and public values.
Book Synopsis Capitalism, Alone by : Branko Milanovic
Download or read book Capitalism, Alone written by Branko Milanovic and published by Harvard University Press. This book was released on 2019-09-24 with total page 305 pages. Available in PDF, EPUB and Kindle. Book excerpt: For the first time in history, the globe is dominated by one economic system. Capitalism prevails because it delivers prosperity and meets desires for autonomy. But it also is unstable and morally defective. Surveying the varieties and futures of capitalism, Branko Milanovic offers creative solutions to improve a system that isn’t going anywhere.
Book Synopsis Syndromes of Corruption by : Michael Johnston
Download or read book Syndromes of Corruption written by Michael Johnston and published by Cambridge University Press. This book was released on 2005-12-01 with total page 298 pages. Available in PDF, EPUB and Kindle. Book excerpt: Corruption is a threat to democracy and economic development in many societies. It arises in the ways people pursue, use and exchange wealth and power, and in the strength or weakness of the state, political and social institutions that sustain and restrain those processes. Differences in these factors, Michael Johnston argues, give rise to four major syndromes of corruption: Influence Markets, Elite Cartels, Oligarchs and Clans, and Official Moguls. In this 2005 book, Johnston uses statistical measures to identify societies in each group, and case studies to show that the expected syndromes do arise. Countries studied include the United States, Japan and Germany (Influence Markets); Italy, Korea and Botswana (Elite Cartels); Russia, the Philippines and Mexico (Oligarchs and Clans); and China, Kenya, and Indonesia (Offical Moguls). A concluding chapter explores reform, emphasising the ways familiar measures should be applied - or withheld, lest they do harm - with an emphasis upon the value of 'deep democratisation'.
Book Synopsis The Great Deformation by : David Stockman
Download or read book The Great Deformation written by David Stockman and published by PublicAffairs. This book was released on 2013-04-02 with total page 768 pages. Available in PDF, EPUB and Kindle. Book excerpt: A New York Times bestseller The Great Deformation is a searing look at Washington's craven response to the recent myriad of financial crises and fiscal cliffs. It counters conventional wisdom with an eighty-year revisionist history of how the American state—especially the Federal Reserve—has fallen prey to the politics of crony capitalism and the ideologies of fiscal stimulus, monetary central planning, and financial bailouts. These forces have left the public sector teetering on the edge of political dysfunction and fiscal collapse and have caused America's private enterprise foundation to morph into a speculative casino that swindles the masses and enriches the few. Defying right- and left-wing boxes, David Stockman provides a catalogue of corrupters and defenders of sound money, fiscal rectitude, and free markets. The former includes Franklin Roosevelt, who fathered crony capitalism; Richard Nixon, who destroyed national financial discipline and the Bretton Woods gold-backed dollar; Fed chairmen Greenspan and Bernanke, who fostered our present scourge of bubble finance and addiction to debt and speculation; George W. Bush, who repudiated fiscal rectitude and ballooned the warfare state via senseless wars; and Barack Obama, who revived failed Keynesian “borrow and spend” policies that have driven the national debt to perilous heights. By contrast, the book also traces a parade of statesmen who championed balanced budgets and financial market discipline including Carter Glass, Harry Truman, Dwight Eisenhower, Bill Simon, Paul Volcker, Bill Clinton, and Sheila Bair. Stockman's analysis skewers Keynesian spenders and GOP tax-cutters alike, showing how they converged to bloat the welfare state, perpetuate the military-industrial complex, and deplete the revenue base—even as the Fed's massive money printing allowed politicians to enjoy “deficits without tears.” But these policies have also fueled new financial bubbles and favored Wall Street with cheap money and rigged stock and bond markets, while crushing Main Street savers and punishing family budgets with soaring food and energy costs. The Great Deformation explains how we got here and why these warped, crony capitalist policies are an epochal threat to free market prosperity and American political democracy.
