Download or read book Democracy and Efficiency in the Economic Enterprise written by Ugo Pagano and published by Routledge. This book was released on 2002-03-11 with total page 441 pages. Available in PDF, EPUB and Kindle. Book excerpt: The collapse of central planning was hailed as evidence of the economic and moral superiority of capitalism over any possible alternative. The essays in this book challenge that claim. The case for more democratic forms of enterprise management is considered from a variety of viewpoints. One chapter deals with the philosophical justification for enterprise democracy. The remaining chapters are devoted to the question of efficiency, which has been central to economic debates about ownership and control. The orthodox belief amongst economists is that any shift to more democratic forms of enterprise control would be unworkable. The essays in this book provide a thorough theoretical and empirical critique of this orthodoxy.
Download or read book Markets and Democracy written by Samuel Bowles and published by Cambridge University Press. This book was released on 1993-07-22 with total page 372 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Economic Justice and Democracy written by Robin Hahnel and published by Routledge. This book was released on 2013-05-13 with total page 450 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Economic Justice and Democracy, Robin Hahnel puts aside most economic theories from the left and the right (from central planning to unbridled corporate enterprise) as undemocratic, and instead outlines a plan for restructuring the relationship between markets and governments according to effects, rather than contributions. This idea is simple, provocative, and turns most arguments on their heads: those most affected by a decision get to make it. It's uncomplicated, unquestionably American in its freedom-reinforcement, and essentially what anti-globalization protestors are asking for. Companies would be more accountable to their consumers, polluters to nearby homeowners, would-be factory closers to factory town inhabitants. Sometimes what's good for General Motors is bad for America, which is why we have regulations in the first place. Though participatory economics, as Robert Heilbronner termed has been discussed more outside America than in it, Hahnel has followed discussions elsewhere and also presents many of the arguments for and against this system and ways to put it in place.
Download or read book The Role of Large Enterprises in Democracy and Society written by B. Fryzel and published by Springer. This book was released on 2015-12-04 with total page 317 pages. Available in PDF, EPUB and Kindle. Book excerpt: Uses both political and democratic studies perspectives as well as economic, philosophical and managerial to provide a practical insight into the issues like the extensive economic power of large enterprises and changing balance of power between public and private sector, regulation and the governance of large private entities.
Download or read book Industrial Democracy written by Glenn Edward Plumb and published by [London?] : G. Allen & Unwin. This book was released on 1923 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Democracy as a Principle of Business Appendix B of the Forthcoming Book Price making in a Democracy written by Edwin Griswold Nourse and published by . This book was released on 1942 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Democratic Governance and Economic Performance written by Dino Falaschetti and published by Springer Science & Business Media. This book was released on 2009-06-02 with total page 146 pages. Available in PDF, EPUB and Kindle. Book excerpt: Conventional wisdom warns that unaccountable political and business agents can enrich a few at the expense of many. But logically extending this wisdom implies that associated principals – voters, consumers, shareholders – will favor themselves over the greater good when ‘rules of the game’ instead create too much accountability. Democratic Governance and Economic Performance rigorously develops this hypothesis, and finds statistical evidence and case study illustrations that democratic institutions at various governance levels (e.g., federal, state, corporation) have facilitated opportunistic gains for electoral, consumer, and shareholder principals. To be sure, this conclusion does not dismiss the potential for democratic governance to productively reduce agency costs. Rather, it suggests that policy makers, lawyers, and managers can improve governance by weighing the agency benefits of increased accountability against the distributional costs of favoring principal stakeholders over more general economic opportunities. Carefully considering the fundamentals that give rise to this tradeoff should interest students and scholars working at the intersection of social science and the law, and can help professionals improve their own performance in policy, legal, and business settings.
Download or read book Democracy and Efficiency in the Economic Enterprise written by Ugo Pagano and published by Routledge. This book was released on 2002-03-11 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt: The collapse of central planning was hailed as evidence of the economic and moral superiority of capitalism over any possible alternative. The essays in this book challenge that claim. The case for more democratic forms of enterprise management is considered from a variety of viewpoints. One chapter deals with the philosophical justification for enterprise democracy. The remaining chapters are devoted to the question of efficiency, which has been central to economic debates about ownership and control. The orthodox belief amongst economists is that any shift to more democratic forms of enterprise control would be unworkable. The essays in this book provide a thorough theoretical and empirical critique of this orthodoxy.
Download or read book Democratic Efficiency written by Lee Ryan Miller and published by AuthorHouse. This book was released on 2004-10-07 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt: This ground-breaking book demonstrates that the decentralized decision-making processes characteristic of democracies are responsible for making them the most successful countries in the world. Part I draws upon literature from fields as diverse as economics, computer architecture, and industrial organization to demonstrate that the more equally power is distributed in society, the closer government policy comes to maximizing aggregate social welfare. It also analyzes political business cycles, economic growth rates, trade protectionism, and military spending levels throughout the world, presenting a wealth of cross-national statistical evidence in support of the theory of democratic efficiency. Part II takes a critical look at the United States Congress. It details the organization of a congressional office and provides a fascinating minute-by-minute account of a week in the life of a member of the House of Representatives. It explains why the very organization of the American political system tends to short-circuit the intentions of its participants, however noble they might be. This scope of this book is so broad, and its conclusions so sweeping, that it belongs on the reading list of courses in American politics, political theory, comparative politics, international relations, and political economy.
Download or read book A Preface to Economic Democracy written by Robert A. Dahl and published by Univ of California Press. This book was released on 2023-04-28 with total page 194 pages. Available in PDF, EPUB and Kindle. Book excerpt: Tocqueville pessimistically predicted that liberty and equality would be incompatible ideas. Robert Dahl, author of the classic A Preface to Democratic Theory, explores this alleged conflict, particularly in modern American society where differences in ownership and control of corporate enterprises create inequalities in resources among Americans that in turn generate inequality among them as citizens. Arguing that Americans have misconceived the relation between democracy, private property, and the economic order, the author contends that we can achieve a society of real democracy and political equality without sacrificing liberty by extending democratic principles into the economic order. Although enterprise control by workers violates many conventional political and ideological assumptions of corporate capitalism as well as of state socialism. Dahl presents an empirically informed and philosophically acute defense of "workplace democracy." He argues, in the light of experiences here and abroad, that an economic system of worker-owned and worker-controlled enterprises could provide a much better foundation for democracy, political equality, and liberty than does our present system of corporate capitalism. This title is part of UC Press's Voices Revived program, which commemorates University of California Press's mission to seek out and cultivate the brightest minds and give them voice, reach, and impact. Drawing on a backlist dating to 1893, Voices Revived makes high-quality, peer-reviewed scholarship accessible once again using print-on-demand technology. This title was originally published in 1986. Tocqueville pessimistically predicted that liberty and equality would be incompatible ideas. Robert Dahl, author of the classic A Preface to Democratic Theory, explores this alleged conflict, particularly in modern American society where difference
Download or read book Free Enterprise Price Policy and Democracy written by Edwin Griswold Nourse and published by . This book was released on 1942 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Business and Democracy written by Ann Bernstein and published by Burns & Oates. This book was released on 1998 with total page 202 pages. Available in PDF, EPUB and Kindle. Book excerpt: Reports the results of a major qualitative transnational study on the role of business in democratic transitions and economic development conducted over several years by the Institute for the Study of Economic Culture of Boston University, headed by Berger, and the Centre for Development and Enterprise in Johannesburg, headed by Bernstein. Includes case studies of Brazil, Indonesia, Mexico, Nigeria, the Philippines, and Spain as well as the US and South Africa. The contributors, business scholars and social scientists, use the new light the findings throw on how business shapes societies to explore the implications for the future. Distributed in the US by Continuum. Annotation copyrighted by Book News, Inc., Portland, OR
Download or read book Economic Efficiency Versus Democracy written by Josef Drexl and published by . This book was released on 2016 with total page 29 pages. Available in PDF, EPUB and Kindle. Book excerpt: The efficiency approach, as advocated by the Chicago School in particular, only provides a very narrow approach to competition law analysis that relies on the preferences of consumers. This approach remains especially insufficient for the regulation of firms that provide citizens with politically relevant news and information. In times of digitisation, citizens increasingly rely on news disseminated by Internet intermediaries such as Facebook, Twitter or Google for making political decisions. Such firms design their business models and their algorithms for selecting the news according to a purely economic rationale. Yet recent research indicates that dissemination of news through social platforms in particular has a negative impact on the democratic process by favouring the dissemination of false factual statements, fake news and unverifiable conspiracy theories within closed communities and, ultimately, leads to radicalisation and a division of society along political and ideological lines. Experience based on the Brexit referendum in the UK and the recent presidential elections in the US highlights the ability of populist political movements to abuse the business rationale of Internet intermediaries and the functioning of their algorithms in order to win popular votes with their 'post-truth politics'. This article relies on competition law principles to discuss future approaches to regulating the market for political ideas at the interface of competition law and media law in the new digital age. Based on constitutional considerations the article rests on the assumption that media markets should not only provide news that responds best to the psychological predispositions and subjective beliefs of the individual citizen, but also provide correct information and diversity of opinion as a basis for making informed democratic decisions.
Download or read book Economic Democracy written by Martin Carnoy and published by White Plains, N.Y. : M. E. Sharpe, Incorporated. This book was released on 1980 with total page 450 pages. Available in PDF, EPUB and Kindle. Book excerpt: This text discusses the economic, social and political implications of redirecting labour and capital from a military-based to a post-Cold War economy.
Download or read book Economic Democracy written by J. W. Smith and published by Inst for Economic Democracy. This book was released on 2005 with total page 482 pages. Available in PDF, EPUB and Kindle. Book excerpt: Environmental Economics - Political Science-Globalization - Peace - Permanent global peace and sustainable development. The secret of free enterprise capital accumulation is rooted in history. The unwitting hand their wealth to the cunning. Wars are battles over who decides the rules of unequal trade The world breaking free frightened the security councils of every Western nation. Suppressing economic freedom, suppressing freedom of thought in a democracy Creating enemies for the masses, capital destroying capital. Equal free trade as opposed to unequal free trade. Guidelines for world development A new hope for the world. A grand strategy for world peace and prosperity. A modern land, technology, money, and information commons increases economic efficiency equal to the invention of money, the printing press and electricity.
Download or read book Democracy and Markets written by John R. Freeman and published by . This book was released on 1989 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: Events of the 1970s and 1980s have provoked intense controversy about the desirability of existing political and economic institutions. On the basis of an analysis of social welfare in varying types of market systems and in certain democratic political systems, Democracy and Markets illuminates alternative directions for institutional reform. Examining in detail the experiences of several democratic European countries, John R. Freeman considers whether a mixed ownership structure is preferable to a private ownership structure; and whether a pluralist type of democratic politics is preferable to a corporatist type. Freeman compares the benefits of the two economic and two political systems separately, and then analyzes the workings of four basic political economies. This analysis yields a welfare taxonomy for alternative forms of democratic capitalism and more specifically a characterization of the blends of collective gain and distributional equity that can be achieved in the four systems. Freeman demonstrates the validity of this taxonomy through an empirical investigation of the political economies of Britain, Austria, Sweden, and Italy. Under current conditions, he concludes, the corporatist-mixed system produces the most desirable blend of welfare outcomes.
Download or read book Democracy Public Expenditures and the Poor written by Philip Keefer and published by World Bank Publications. This book was released on 2003 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: Countries vary systematically with respect to the incentives of politicians to provide broad public goods, and to reduce poverty. Even in developing countries that are democracies, politicians often have incentives to divert resources to political rents, and to private transfers that benefit a few citizens at the expense of many. These distortions can be traced to imperfections in political markets, that are greater in some countries than in others. The authors review the theory, and evidence on the impact of incomplete information of voters, the lack of credibility of political promises, and social polarization on political incentives. They argue that the effects of these imperfections are large, but that their implications are insufficiently integrated into the design of policy reforms aimed at improving the provision of public goods, and reducing poverty.
