Capitalism and Democracy - A Fragile Alliance

Research output: Book/ReportBookScientific

Abstract

Capitalism is driven by technological revolutions, leading to alternating periods of regulation and deregulation in leading economies. Technologically backward countries face a different situation as they have to catch up with the leaders. Against this backdrop, Theo van de Klundert examines the relationship between capitalism and democracy, combining economic theory and historical description to analyse long-run economic development. Emphasis is placed on the interrelation between economic and political power, and a robust state-of-the-art overview of today’s political economy is presented.

The author addresses two fundamental questions raised in the analysis of the relationship between capitalism and democracy. Firstly, he explores why capitalism in leading economies is characterized by alternating periods of regulation and deregulation, and secondly, whether developing countries can opt for different types of capitalism once the potential for catching up with developed countries has expired. The consequences of a shift in the balance of power in the global economy are also considered in detail.

Broad in scope and employing various methodological approaches, this book will prove a fascinating read for academics, students and researchers in the fields of economics and heterodox economics.
Original languageEnglish
Place of PublicationCheltenham
PublisherEdward Elgar Publishing
Number of pages240
ISBN (Print)9781781956151
Publication statusPublished - 2013

Publication series

NameNew Horizons in Institutional and Evolutionary Economics

Fingerprint

Alliances
Capitalism
Democracy
Deregulation
Economic development
Developing countries
Heterodox economics
Technological revolution
Catch-up
Economics
Economic power
Economic theory
Political power
Catching-up
Political economy
Developed countries
Global economy

Cite this

van de Klundert, T. C. M. J. (2013). Capitalism and Democracy - A Fragile Alliance. (New Horizons in Institutional and Evolutionary Economics). Cheltenham: Edward Elgar Publishing.
van de Klundert, T.C.M.J. / Capitalism and Democracy - A Fragile Alliance. Cheltenham : Edward Elgar Publishing, 2013. 240 p. (New Horizons in Institutional and Evolutionary Economics).
@book{8300c5627e6746508a727ad5a7939f96,
title = "Capitalism and Democracy - A Fragile Alliance",
abstract = "Capitalism is driven by technological revolutions, leading to alternating periods of regulation and deregulation in leading economies. Technologically backward countries face a different situation as they have to catch up with the leaders. Against this backdrop, Theo van de Klundert examines the relationship between capitalism and democracy, combining economic theory and historical description to analyse long-run economic development. Emphasis is placed on the interrelation between economic and political power, and a robust state-of-the-art overview of today’s political economy is presented.The author addresses two fundamental questions raised in the analysis of the relationship between capitalism and democracy. Firstly, he explores why capitalism in leading economies is characterized by alternating periods of regulation and deregulation, and secondly, whether developing countries can opt for different types of capitalism once the potential for catching up with developed countries has expired. The consequences of a shift in the balance of power in the global economy are also considered in detail.Broad in scope and employing various methodological approaches, this book will prove a fascinating read for academics, students and researchers in the fields of economics and heterodox economics.",
author = "{van de Klundert}, T.C.M.J.",
note = "Pagination: 240",
year = "2013",
language = "English",
isbn = "9781781956151",
series = "New Horizons in Institutional and Evolutionary Economics",
publisher = "Edward Elgar Publishing",

}

van de Klundert, TCMJ 2013, Capitalism and Democracy - A Fragile Alliance. New Horizons in Institutional and Evolutionary Economics, Edward Elgar Publishing, Cheltenham.

Capitalism and Democracy - A Fragile Alliance. / van de Klundert, T.C.M.J.

Cheltenham : Edward Elgar Publishing, 2013. 240 p. (New Horizons in Institutional and Evolutionary Economics).

Research output: Book/ReportBookScientific

TY - BOOK

T1 - Capitalism and Democracy - A Fragile Alliance

AU - van de Klundert, T.C.M.J.

N1 - Pagination: 240

PY - 2013

Y1 - 2013

N2 - Capitalism is driven by technological revolutions, leading to alternating periods of regulation and deregulation in leading economies. Technologically backward countries face a different situation as they have to catch up with the leaders. Against this backdrop, Theo van de Klundert examines the relationship between capitalism and democracy, combining economic theory and historical description to analyse long-run economic development. Emphasis is placed on the interrelation between economic and political power, and a robust state-of-the-art overview of today’s political economy is presented.The author addresses two fundamental questions raised in the analysis of the relationship between capitalism and democracy. Firstly, he explores why capitalism in leading economies is characterized by alternating periods of regulation and deregulation, and secondly, whether developing countries can opt for different types of capitalism once the potential for catching up with developed countries has expired. The consequences of a shift in the balance of power in the global economy are also considered in detail.Broad in scope and employing various methodological approaches, this book will prove a fascinating read for academics, students and researchers in the fields of economics and heterodox economics.

AB - Capitalism is driven by technological revolutions, leading to alternating periods of regulation and deregulation in leading economies. Technologically backward countries face a different situation as they have to catch up with the leaders. Against this backdrop, Theo van de Klundert examines the relationship between capitalism and democracy, combining economic theory and historical description to analyse long-run economic development. Emphasis is placed on the interrelation between economic and political power, and a robust state-of-the-art overview of today’s political economy is presented.The author addresses two fundamental questions raised in the analysis of the relationship between capitalism and democracy. Firstly, he explores why capitalism in leading economies is characterized by alternating periods of regulation and deregulation, and secondly, whether developing countries can opt for different types of capitalism once the potential for catching up with developed countries has expired. The consequences of a shift in the balance of power in the global economy are also considered in detail.Broad in scope and employing various methodological approaches, this book will prove a fascinating read for academics, students and researchers in the fields of economics and heterodox economics.

M3 - Book

SN - 9781781956151

T3 - New Horizons in Institutional and Evolutionary Economics

BT - Capitalism and Democracy - A Fragile Alliance

PB - Edward Elgar Publishing

CY - Cheltenham

ER -

van de Klundert TCMJ. Capitalism and Democracy - A Fragile Alliance. Cheltenham: Edward Elgar Publishing, 2013. 240 p. (New Horizons in Institutional and Evolutionary Economics).