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Electoral Capitalism
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Book Synopsis Electoral Capitalism by : Jeffrey D. Broxmeyer
Download or read book Electoral Capitalism written by Jeffrey D. Broxmeyer and published by University of Pennsylvania Press. This book was released on 2020-08-14 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: Vast fortunes grew out of the party system during the Gilded Age. In New York, party leaders experimented with novel ways to accumulate capital for political competition and personal business. Partisans established banks. They drove a speculative frenzy in finance, real estate, and railroads. And they built empires that stretched from mining to steamboats, and from liquor distilleries to newspapers. Control over political property—party organizations, public charters, taxpayer subsidies, and political offices—served to form governing coalitions, and to mobilize voting blocs. In Electoral Capitalism, Jeffrey D. Broxmeyer reappraises the controversy over wealth inequality, and why this period was so combustible. As ranks of the dispossessed swelled, an outpouring of claims transformed the old spoils system into relief for the politically connected poor. A vibrant but scorned culture of petty officeholding thus emerged. By the turn of the century, an upsurge of grassroots protest sought to dislodge political bosses from their apex by severing the link between party and capital. Examining New York, and its outsized role in national affairs, Broxmeyer demonstrates that electoral capitalism was a category of entrepreneurship in which the capture of public office and the accumulation of wealth were mutually reinforcing. The book uncovers hidden economic ties that wove together presidents, senators, and mayors with business allies, spoilsmen, and voters. Today, great political fortunes have dramatically returned. As current public debates invite parallels with the Gilded Age, Broxmeyer offers historical and theoretical tools to make sense of how politics begets wealth.
Book Synopsis Political Consequences of Crony Capitalism Inside Russia by : Gulnaz Sharafutdinova
Download or read book Political Consequences of Crony Capitalism Inside Russia written by Gulnaz Sharafutdinova and published by . This book was released on 2010 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Gulnaz Sharafutdinova explores the development of crony capitalism in Russia, based on the contrasting cases of Tatarstan and Nizhnii Novgorod. She argues that the corruption which accompanied the market transition seeped over into electoral politics, and was a major factor in undermining popular support for democratic institutions. This finding is a challenge to transition theory, which posits that democracy and capitalism work hand in hand.-Peter Rutland, Wesleyan University --Book Jacket.
Book Synopsis Welfare Democracies and Party Politics by : Philip Manow
Download or read book Welfare Democracies and Party Politics written by Philip Manow and published by Oxford University Press. This book was released on 2018 with total page 353 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume provides an analytical framework that links welfare states to party systems, combining recent contributions to the comparative political economy of the welfare state and insights from party and electoral politics. It states three phenomena.
Book Synopsis Varieties of Capitalism by : Peter A. Hall
Download or read book Varieties of Capitalism written by Peter A. Hall and published by Oxford University Press. This book was released on 2001 with total page 557 pages. Available in PDF, EPUB and Kindle. Book excerpt: Applying the new economics of organisation and relational theories of the firm to the problem of understanding cross-national variation in the political economy, this volume elaborates a new understanding of the institutional differences that characterise the 'varieties of capitalism' worldwide.
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: Explains why government policies favor elites over the masses, building on well-established theories from the social sciences.
Book Synopsis Welfare and Capitalism in Postwar Japan by : Margarita Estevez-Abe
Download or read book Welfare and Capitalism in Postwar Japan written by Margarita Estevez-Abe and published by Cambridge University Press. This book was released on 2008-07-21 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explains how postwar Japan managed to achieve a highly egalitarian form of capitalism despite meager social spending. Estevez-Abe develops an institutional, rational-choice model to solve this puzzle. She shows how Japan's electoral system generated incentives that led political actors to protect various groups that lost out in market competition. She explains how Japan's postwar welfare state relied upon various alternatives to orthodox social spending programs. The initial postwar success of Japan's political economy has given way to periods of crisis and reform. This book follows this story up to the present day. Estevez-Abe shows how the current electoral system renders obsolete the old form of social protection. She argues that institutionally Japan now resembles Britain and predicts that Japan's welfare system will also come to resemble Britain's. Japan thus faces a more market-oriented society and less equality.
Book Synopsis The Politics of Advanced Capitalism by : Pablo Beramendi
Download or read book The Politics of Advanced Capitalism written by Pablo Beramendi and published by Cambridge University Press. This book was released on 2015-04-23 with total page 473 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book serves as a sequel to two distinguished volumes on capitalism: Continuity and Change in Contemporary Capitalism (Cambridge, 1999) and Order and Conflict in Contemporary Capitalism (1985). Both volumes took stock of major economic challenges advanced industrial democracies faced, as well as the ways political and economic elites dealt with them. However, during the last decades, the structural environment of advanced capitalist democracies has undergone profound changes: sweeping deindustrialization, tertiarization of the employment structure, and demographic developments. This book provides a synthetic view, allowing the reader to grasp the nature of these structural transformations and their consequences in terms of the politics of change, policy outputs, and outcomes. In contrast to functionalist and structuralist approaches, the book advocates and contributes to a 'return of electoral and coalitional politics' to political economy research.
Book Synopsis People, Power, and Profits: Progressive Capitalism for an Age of Discontent by : Joseph E. Stiglitz
Download or read book People, Power, and Profits: Progressive Capitalism for an Age of Discontent written by Joseph E. Stiglitz and published by W. W. Norton & Company. This book was released on 2019-04-23 with total page 407 pages. Available in PDF, EPUB and Kindle. Book excerpt: “Urgent work, by the foremost champion of ‘progressive capitalism.’ ” —The New Yorker An authoritative account of the dangers of unfettered markets and monied politics, People, Power, and Profits shows us an America in crisis. The American people, however, are far from powerless, and Joseph Stiglitz provides an alternative path forward through his vision of progressive capitalism, with a comprehensive set of political and economic changes.
Book Synopsis Presidential Elections and Majority Rule by : Edward B. Foley
Download or read book Presidential Elections and Majority Rule written by Edward B. Foley and published by Oxford University Press, USA. This book was released on 2020 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: In his latest book, Presidential Elections and Majority Rule, Edward Foley asks how the American electoral system can better represent the people. What kind of winner truly reflects the nation's votes: the plurality winners of winner-takes-all elections, as currently used, or the majority-preferred winners of a reformed system? How do third-party candidates affect American presidential elections? What, if anything, would change in a two-candidate run-off?And how can electoral reform be implemented without sowing chaos? Ultimately, Foley outlines a solution in which the Electoral College can be restored to its original majoritarian ideals through state law rather than Constitutional amendment.
Book Synopsis Democratic Capitalism at the Crossroads by : Carles Boix
Download or read book Democratic Capitalism at the Crossroads written by Carles Boix and published by Princeton University Press. This book was released on 2019-05-28 with total page 269 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Democracy and Prosperity by : Torben Iversen
Download or read book Democracy and Prosperity written by Torben Iversen and published by Princeton University Press. This book was released on 2020-11-03 with total page 359 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Saving Capitalism by : Robert B. Reich
Download or read book Saving Capitalism written by Robert B. Reich and published by Vintage. This book was released on 2015-09-29 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt: From the author of Aftershock and The Work of Nations, his most important book to date—a myth-shattering breakdown of how the economic system that helped make America so strong is now failing us, and what it will take to fix it. Perhaps no one is better acquainted with the intersection of economics and politics than Robert B. Reich, and now he reveals how power and influence have created a new American oligarchy, a shrinking middle class, and the greatest income inequality and wealth disparity in eighty years. He makes clear how centrally problematic our veneration of the “free market” is, and how it has masked the power of moneyed interests to tilt the market to their benefit. Reich exposes the falsehoods that have been bolstered by the corruption of our democracy by huge corporations and the revolving door between Washington and Wall Street: that all workers are paid what they’re “worth,” that a higher minimum wage equals fewer jobs, and that corporations must serve shareholders before employees. He shows that the critical choices ahead are not about the size of government but about who government is for: that we must choose not between a free market and “big” government but between a market organized for broadly based prosperity and one designed to deliver the most gains to the top. Ever the pragmatist, ever the optimist, Reich sees hope for reversing our slide toward inequality and diminished opportunity when we shore up the countervailing power of everyone else. Passionate yet practical, sweeping yet exactingly argued, Saving Capitalism is a revelatory indictment of our economic status quo and an empowering call to civic action.
Download or read book Generation Left written by Keir Milburn and published by John Wiley & Sons. This book was released on 2019-06-07 with total page 79 pages. Available in PDF, EPUB and Kindle. Book excerpt: Increasingly age appears to be the key dividing line in contemporary politics. Young people across the globe are embracing left-wing ideas and supporting figures such as Corbyn and Sanders. Where has this ‘Generation Left’ come from? How can it change the world? This compelling book by Keir Milburn traces the story of Generation Left. Emerging in the aftermath of the 2008 financial crash, it has now entered the electoral arena and found itself vying for dominance with ageing right-leaning voters and a ‘Third Way’ political elite unable to accept the new realities. By offering a new concept of political generations, Milburn unveils the ideas, attitudes and direction of Generation Left and explains how the age gap can be bridged by reinventing youth and adulthood. This book is essential reading for anyone, young or old, who is interested in addressing the multiple crises of our time.
Book Synopsis Capitalism’s Crises by : Vishwas Satgar
Download or read book Capitalism’s Crises written by Vishwas Satgar and published by NYU Press. This book was released on 2015-10-01 with total page 366 pages. Available in PDF, EPUB and Kindle. Book excerpt: The contributors to this volume draw on a non-dogmatic Marxist approach to explain the systemic and conjunctural dynamics of crisis inherent in global capitalism. Their analysis asks what is historically specific to capitalism's crises while avoiding catastrophic or defeatist claims. At the same time the volume situates left agency within actual patterns of resistance and class struggle to clarify the potential for transformative change. The cycle of resistance strengthened by the World Socal Forum and transnational activism is now punctuated by the experience of the Arab Spring, the agency of anti-systemic movements, left think tanks, the Occupy Wall Street Movement, labour unions, left parties in Europe such as Syrizia and Podemos and peoples' budgeting in Kerala, India. On the down side, we are witnessing the waning of the Workers Party in Brazil and serious challenges for South Africa's once powerful labour movement and still formative social justice activism. All these developments are assessed in this volume. This is the second volume in the Democratic Marxism series. It elaborates on crucial themes introduced in the first volume, Marxism in the 21st Century: Crisis, Critique and Struggle (edited by Michelle Williams and Vishwas Satgar).
Book Synopsis Re-Forming Capitalism by : Wolfgang Streeck
Download or read book Re-Forming Capitalism written by Wolfgang Streeck and published by OUP Oxford. This book was released on 2010-03-04 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: Wolfgang Streeck has written extensively on comparative political economy and institutional theory. In this book he addresses some of the key issues in this field: the role of history in institutional analysis, the dynamics of slow institutional change, the limitations of rational design and economic-functionalist explanations of institutional stability, and the recurrent difficulties of restraining the effects of capitalism on social order. In the classification of the 'Varieties of Capitalism' school, Germany has always been taken as the chief exemplar of a 'European', coordinated market economy. Streeck explores to what extent Germany actually conforms to this description. His argument is supported by original empirical research on wage-setting and wage structure, the organization of business and labor in business associations and trade unions, social policy, public finance, and corporate governance. From this evidence, Bringing Capitalism Back In traces the current liberalization of the postwar economy of democratic capitalism by means of an historically-grounded approach to institutional change. This is an important book in comparative political economy and key reading across the social sciences for academics, researchers, and advanced students of Political Economy, Sociology, comparative business systems.
Book Synopsis Capitalism's Crisis Deepens by : Richard D. Wolff
Download or read book Capitalism's Crisis Deepens written by Richard D. Wolff and published by Haymarket Books. This book was released on 2016-05-30 with total page 346 pages. Available in PDF, EPUB and Kindle. Book excerpt: “The leading socialist economist in the country” explores the roots of the Great Recession and its immense impact on working people (Cornel West). While most mainstream commentators view the crisis that provoked the Great Recession as having passed, these essays from Richard Wolff paint a far less rosy picture. Drawing attention to the extreme downturn in most of capitalism’s old centers, the unequal growth in its new centers, and the resurgence of a global speculative bubble, Wolff—in his uniquely accessible style—makes the case that the crisis should be grasped not as a passing moment, but as an evolving stage in capitalism’s history. Praise for Richard Wolff and Democracy at Work “Probably America’s most prominent Marxist economist.” —The New York Times Magazine “Richard Wolff’s constructive and innovative ideas suggest new and promising foundations for much more authentic democracy and sustainable and equitable development, ideas that can be implemented directly and carried forward. A very valuable contribution in troubled times.” —Noam Chomsky “Wolff offers a rich and much-needed corrective to the views of mainstream economists and pundits. It would be difficult to come away from this with anything but an acute appreciation of what is needed to get us out of this mess.” —Stanley Aronowitz “Bold, thoughtful, transformative—a powerful and challenging vision that takes us beyond both corporate capitalism and state socialism. Richard Wolff at his best!” —Gar Alperovitz
Book Synopsis The Three Worlds of Welfare Capitalism by : Gosta Esping-Andersen
Download or read book The Three Worlds of Welfare Capitalism written by Gosta Esping-Andersen and published by John Wiley & Sons. This book was released on 2013-05-29 with total page 322 pages. Available in PDF, EPUB and Kindle. Book excerpt: Few discussions in modern social science have occupied as much attention as the changing nature of welfare states in western societies. Gosta Esping-Andersen, one of the most distinguished contributors to current debates on this issue, here provides a new analysis of the character and role of welfare states in the functioning of contemporary advanced western societies. Esping-Andersen distinguishes several major types of welfare state, connecting these with variations in the historical development of different western countries. Current economic processes, the author argues, such as those moving towards a post-industrial order, are not shaped by autonomous market forces but by the nature of states and state differences. Fully informed by comparative materials, this book will have great appeal to everyone working on issues of economic development and post-industrialism. Its audience will include students and academics in sociology, economics and politics.
