Democracy, market economy, and the law

Democracy, market economy, and the law
Author: Werner F. Ebke
Publisher:
Total Pages: 401
Release: 1995
Genre: Constitutional law
ISBN: 9783800511549

Download Democracy, market economy, and the law Book in PDF, Epub and Kindle

Law and the Economy in a Young Democracy

Law and the Economy in a Young Democracy
Author: Tirthankar Roy
Publisher: University of Chicago Press
Total Pages: 309
Release: 2022-02-08
Genre: Business & Economics
ISBN: 022679914X

Download Law and the Economy in a Young Democracy Book in PDF, Epub and Kindle

An essential history of India's economic growth since 1947, including the legal reforms that have shaped the country in the shadow of colonial rule. Economists have long lamented how the inefficiency of India's legal system undermines the country’s economic capacity. How has this come to be? The prevailing explanation is that the postcolonial legal system is understaffed and under-resourced, making adjudication and contract enforcement slow and costly. Taking this as given, Law and the Economy in a Young Democracy examines the contents and historical antecedents of these laws, including how they have stifled economic development. Economists Roy and Swamy argue that legal evolution in independent India has been shaped by three factors: the desire to reduce inequality and poverty; the suspicion that market activity, both domestic and international, can be detrimental to these goals; and the strengthening of Indian democracy over time, giving voice to a growing fraction of society, including the poor. Weaving the story of India's heralded economic transformation with its social and political history, Roy and Swamy show how inadequate legal infrastructure has been a key impediment to the country's economic growth during the last century. A stirring and authoritative history of a nation rife with contradictions, Law and the Economy in a Young Democracy is essential reading for anyone seeking to understand India's current crossroads—and the factors that may keep its dreams unrealized.

Democracy and the Market

Democracy and the Market
Author: Adam Przeworski
Publisher: Cambridge University Press
Total Pages: 230
Release: 1991-07-26
Genre: Business & Economics
ISBN: 9780521423359

Download Democracy and the Market Book in PDF, Epub and Kindle

The quest for freedom from hunger and repression has triggered in recent years a dramatic, worldwide reform of political and economic systems. Never have so many people enjoyed, or at least experimented with democratic institutions. However, many strategies for economic development in Eastern Europe and Latin America have failed with the result that entire economic systems on both continents are being transformed. This major book analyzes recent transitions to democracy and market-oriented economic reforms in Eastern Europe and Latin America. Drawing in a quite distinctive way on models derived from political philosophy, economics, and game theory, Professor Przeworski also considers specific data on individual countries. Among the questions raised by the book are: What should we expect from these experiments in democracy and market economy? What new economic systems will emerge? Will these transitions result in new democracies or old dictatorships?

Law and the Wealth of Nations

Law and the Wealth of Nations
Author: Tamara Lothian
Publisher: Columbia University Press
Total Pages: 416
Release: 2019-12-03
Genre: Business & Economics
ISBN: 9780231174671

Download Law and the Wealth of Nations Book in PDF, Epub and Kindle

Tamara Lothian shows a path to the reconstruction of the economy in the service of both growth and inclusion that would reignite economic growth by democratizing the market. Law and the Wealth of Nations offers a progressive approach to the supply side of the economy and proposes innovation in our fundamental economic arrangements.

Rule of Law and Transition to a Market Economy

Rule of Law and Transition to a Market Economy
Author: European Commission for Democracy through Law
Publisher: Council of Europe
Total Pages: 160
Release: 1994-01-01
Genre: Political Science
ISBN: 9789287125033

Download Rule of Law and Transition to a Market Economy Book in PDF, Epub and Kindle

Constitutional Aspects of the Transition to a Market Economy

Constitutional Aspects of the Transition to a Market Economy
Author: European Commission for Democracy through Law
Publisher: Council of Europe
Total Pages: 260
Release: 1994-01-01
Genre: Political Science
ISBN: 9789287126269

Download Constitutional Aspects of the Transition to a Market Economy Book in PDF, Epub and Kindle

On cover & title page: Collection

Democracy, Market Economics, and Development

Democracy, Market Economics, and Development
Author: Farrukh Iqbal
Publisher: World Bank Publications
Total Pages: 204
Release: 2001-01-01
Genre: Political Science
ISBN: 9780821348628

Download Democracy, Market Economics, and Development Book in PDF, Epub and Kindle

'Democracy, Market Economics, and Development' evaluates the extent to which democracy is necessary to the achievement of sustainable development in Asia. A selection of papers by distinguished contributors including Amartya Sen, Joseph Stiglitz, and Francis Fukuyama are included in this volume. This book argues that democracy and markets are complementary and that democracy is intrinsic to development. It contends that liberal and participatory democracy encourages development by providing legitimacy to reform efforts. Movement toward liberal and participatory democracy allows for the convergence of the political and economic institutions of Asia and the West. There is broad agreement that effective and sustainable development is multi-faceted and is not only based on changes in per capita income.

Law and the Wealth of Nations

Law and the Wealth of Nations
Author: Tamara Lothian
Publisher: Columbia University Press
Total Pages: 443
Release: 2017-10-10
Genre: Law
ISBN: 0231545835

Download Law and the Wealth of Nations Book in PDF, Epub and Kindle

Economic stagnation, financial crisis, and increasing inequality have provoked worldwide debate about the reshaping of the market economy. But few are willing to risk a reorientation of dominant ideas and a reform of entrenched structures. Right-wing populism has stepped into the void created by a failure to imagine structural alternatives. Tamara Lothian offers a deeper view showing the path to the reconstruction of the economy in the service of both growth and inclusion. She probes the institutional innovations that would reignite economic growth by democratizing the market. Progressives have traditionally focused only on the demand side of the economy, abandoning the supply side to conservatives. Law and the Wealth of Nations offers a progressive approach to the supply side of the economy and proposes innovation in our fundamental economic arrangements. Lothian begins by exploring how finance can serve broad-based economic growth rather than serving only itself. She goes on to show how the reform of finance can lead into the democratization of the economy. How, she asks, can we ensure that the most advanced, knowledge-intensive practices of production spread throughout the economy rather than remaining in the hands of the entrepreneurial and technological elite? How can we anchor greater economic equality and empowerment in the way we organize the economy rather than just trying to diminish inequalities after the fact by progressive taxation and entitlements? How can we revise legal thought and economic theory to develop the intellectual equipment that these tasks require? Law and the Wealth of Nations will appeal to all who are searching for ways to think practically about change in our economic and political institutions.

Capitalism v. Democracy

Capitalism v. Democracy
Author: Timothy Kuhner
Publisher: Stanford Law Books
Total Pages: 0
Release: 2014-06-25
Genre: Law
ISBN: 9780804780667

Download Capitalism v. Democracy Book in PDF, Epub and Kindle

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.

Democracy and an Open-Economy World Order

Democracy and an Open-Economy World Order
Author: George C. Bitros
Publisher: Springer
Total Pages: 279
Release: 2017-04-12
Genre: Political Science
ISBN: 3319521683

Download Democracy and an Open-Economy World Order Book in PDF, Epub and Kindle

The essays in this volume explore several key issues facing democracies today. They discuss the dilemma of how to protect civil liberties and individual freedoms in the light of external threats and assess the policies adopted by governments in this area. The book also addresses the question of how free, exactly, free markets should be in an economy in order to secure social peace, before going on to highlight the rudiments of the model of social market economy, as applied in Germany. It examines the problem of the democratic and legitimacy deficits that beset European integration and suggests reforms for a more democratic European Union. Last but not least, by looking back in history, they provide evidence and propose policies for the revitalization of institutions in present-day democracies. The book is of considerable interest to researchers and students in economics and political science, as well as to readers who wish to gain insights into the thorny social issues involved.