The rise of independent institutions, such as central banks, has generated an ongoing debate on their democratic credentials and legitimacy. The normative appraisal depends on the conception of democracy adopted. While critics frequently espouse a majoritarian conception, this paper argues that...

I subject some aspects of Roosevelt's "New Deal" to critical analysis, with particular attention to what is termed "liberal democracy". This analysis demonstrates the limits to reform, given the power of "vested interests" as articulated by Thorstein Veblen. While progressive economists and...

This paper discusses libertarian (or soft) paternalism, as proposed among others by Thaler and Sunstein (2008). It is argued that libertarian paternalism should not be understood as an efficiency-enhancing, but as a redistributive concept. The relationship between libertarian paternalism and...

Finance has become more a problem than a solution to what the world most wants: socially inclusive growth. It has become a source of crises that threaten the development of the real economy. It has escaped accountability to democratic institutions and often helped, instead, to influence and...

The path to a diverse, wealthy, fair, just, and peaceful society.Replacing socialism, capitalism, and all variations, offering the first science-based, ideological, and sociological structure, with supporting economic and social policy to enable improved life experience for all citizens.Only...

In recent decades, the surge of populist movements and leaders has captivated the attention of scholars, policymakers, and the general public around the world. The rise of populism and populists has prompted a profound reevaluation of the dynamics within democratic societies and the complex...

Rezension: Der Autor behandelt us US-amerikanischer und westeuropäischer Sicht die gesellschaftlichen Ziele und Veränderungen, die Herrschaftsstrukturen und Methoden sowie die staatlichen Organisationen in sozialistischen, faschistischen und liberaldemokratischen Systemen am Beispiel der...