Skip to main content
Top

2017 | OriginalPaper | Chapter

2. Power Structure and Democracy

Author : Adolfo Figueroa

Published in: Economics of the Anthropocene Age

Publisher: Springer International Publishing

Activate our intelligent search to find suitable subject content or patents.

search-config
loading …

Abstract

Market and democracy constitute the fundamental institutions of capitalism. Therefore, economic growth with social maladies found earlier as the outcomes of the economic process corresponds to democratic capitalism. This is certainly a paradox, which needs a scientific explanation. This chapter intends to supply such an explanation. To be sure, this chapter is not a philosophical or doctrinaire discussion of democracy (which is abundant), but a scientific one (which is scarce). It is not about what democracy ought to be; it is rather about what democracy is.

Dont have a licence yet? Then find out more about our products and how to get one now:

Springer Professional "Wirtschaft+Technik"

Online-Abonnement

Mit Springer Professional "Wirtschaft+Technik" erhalten Sie Zugriff auf:

  • über 102.000 Bücher
  • über 537 Zeitschriften

aus folgenden Fachgebieten:

  • Automobil + Motoren
  • Bauwesen + Immobilien
  • Business IT + Informatik
  • Elektrotechnik + Elektronik
  • Energie + Nachhaltigkeit
  • Finance + Banking
  • Management + Führung
  • Marketing + Vertrieb
  • Maschinenbau + Werkstoffe
  • Versicherung + Risiko

Jetzt Wissensvorsprung sichern!

Springer Professional "Wirtschaft"

Online-Abonnement

Mit Springer Professional "Wirtschaft" erhalten Sie Zugriff auf:

  • über 67.000 Bücher
  • über 340 Zeitschriften

aus folgenden Fachgebieten:

  • Bauwesen + Immobilien
  • Business IT + Informatik
  • Finance + Banking
  • Management + Führung
  • Marketing + Vertrieb
  • Versicherung + Risiko




Jetzt Wissensvorsprung sichern!

Literature
go back to reference Acemoglu, D., Naidu, S., Restrepo, P., & Robinson, J. (2015). Chapter 21. Democracy, redistribution, and inequality. In A. B. Atkinson & F. Bourguignon (Eds.), Handbook of income distribution (Vol. 2, pp. 1885–1966). Oxford, UK: Elsevier. Acemoglu, D., Naidu, S., Restrepo, P., & Robinson, J. (2015). Chapter 21. Democracy, redistribution, and inequality. In A. B. Atkinson & F. Bourguignon (Eds.), Handbook of income distribution (Vol. 2, pp. 1885–1966). Oxford, UK: Elsevier.
go back to reference Burnheim, J. (2014). Is democracy possible? The alternative to electoral democracy (Third ed.). Clovelly, Australia: Jump Up Publishers Sydney. Burnheim, J. (2014). Is democracy possible? The alternative to electoral democracy (Third ed.). Clovelly, Australia: Jump Up Publishers Sydney.
go back to reference Carson, L., & Martin, B. (1999). Random selection in politics. Westport, CT: Prager. Carson, L., & Martin, B. (1999). Random selection in politics. Westport, CT: Prager.
go back to reference Delannoi, G., & Dowlen, O. (Eds.). (2010). Sortition. Theory and practice. Exeter, UK: Imprint Academic. Delannoi, G., & Dowlen, O. (Eds.). (2010). Sortition. Theory and practice. Exeter, UK: Imprint Academic.
go back to reference Dowlen, O. (2008). The political potential of sortition. A study of the random selection of citizens for public office. Exeter, UK: Imprint Academic. Dowlen, O. (2008). The political potential of sortition. A study of the random selection of citizens for public office. Exeter, UK: Imprint Academic.
go back to reference Downs, A. (1957). An economic theory of democracy. New York: Harper. Downs, A. (1957). An economic theory of democracy. New York: Harper.
go back to reference Dutta, J., & Aidt, T. (Eds.). (2016). Corruption and economic development. Cheltenham, UK: Edward Elgar. Dutta, J., & Aidt, T. (Eds.). (2016). Corruption and economic development. Cheltenham, UK: Edward Elgar.
go back to reference Fukuyama, F. (2006). The end of history and the last man. Paperback edition with new afterword. New York: Free Press. Originally published in 1992. Fukuyama, F. (2006). The end of history and the last man. Paperback edition with new afterword. New York: Free Press. Originally published in 1992.
go back to reference Gupta, S., Davoodi, H., & Alonso-Terme, R. (2002). Does corruption affect income inequality and poverty? Economics of Governance, 3, 23–45.CrossRef Gupta, S., Davoodi, H., & Alonso-Terme, R. (2002). Does corruption affect income inequality and poverty? Economics of Governance, 3, 23–45.CrossRef
go back to reference Kalecki, M. (1971). Selected essays in the dynamics of the capitalist economy 1933–1970. Cambridge, UK: Cambridge University Press. Chapter 1 on effective demand was originally published in 1943. Kalecki, M. (1971). Selected essays in the dynamics of the capitalist economy 1933–1970. Cambridge, UK: Cambridge University Press. Chapter 1 on effective demand was originally published in 1943.
go back to reference Kaufmann, D. (2015). Corruption matters. Finance and Development, 52(3), 20–23. Kaufmann, D. (2015). Corruption matters. Finance and Development, 52(3), 20–23.
go back to reference Olson, M. (1965). The logic of collective action: Public goods and theory of groups. Cambridge, MA: Harvard University Press. Olson, M. (1965). The logic of collective action: Public goods and theory of groups. Cambridge, MA: Harvard University Press.
go back to reference Piketty, T. (2014). Capital in the twenty-first century. Cambridge, MA: Harvard University Press.CrossRef Piketty, T. (2014). Capital in the twenty-first century. Cambridge, MA: Harvard University Press.CrossRef
go back to reference van Reybrouck, D. (2016). Against elections: The case for democracy. London, UK: The Bodley Head. van Reybrouck, D. (2016). Against elections: The case for democracy. London, UK: The Bodley Head.
go back to reference Rose-Ackerman, S. (2010, November 9). Corruption: Greed, culture, and the state. The Yale Law Journal, 120, 125–140. Rose-Ackerman, S. (2010, November 9). Corruption: Greed, culture, and the state. The Yale Law Journal, 120, 125–140.
go back to reference Schutz, E. (2011). Inequality and power: The economics of class. Abingdon, UK: Routledge. Schutz, E. (2011). Inequality and power: The economics of class. Abingdon, UK: Routledge.
Metadata
Title
Power Structure and Democracy
Author
Adolfo Figueroa
Copyright Year
2017
DOI
https://doi.org/10.1007/978-3-319-62584-3_2