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not possible to differentiate which factor causes the peace, capitalism or democracy. This study re-examines the … capitalism and democracy issue by reviewing all theories of capitalist peace, addressing all the defenses of the democratic peace … other—may be spurious: a capitalist contract-intensive economy appears to account for both democracy and the democratic …
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Review of Dani Rodrik's book "The Globalization Paradox: Democracy and the Future of the World Economy." …
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distribution) when inequality is high. We argue that the latter finding corresponds to a system of political capitalism or captured … democracy, where a powerful economic elite cooperates with politicians and bureaucrats for their mutual benefit …
Persistent link: https://www.econbiz.de/10012903753
's global share of GDP means that liberal Asian nations will be poised to take up the role of promoting liberal democracy …
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analysis of “activist capitalism” and arguing that its real cost is democratic rather than economic.Economically, we show that …. Democratically, the threat is that activist capitalism might erode political equality in the adjudication of divisive moral matters … the voices of ordinary citizens. A similar argument applies to the distortionary effects of activist capitalism. We …
Persistent link: https://www.econbiz.de/10013240145