Abstract
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 language | English |
|---|---|
| Place of Publication | Cheltenham |
| Publisher | Edward Elgar Publishing |
| Number of pages | 240 |
| ISBN (Print) | 9781781956151 |
| Publication status | Published - 2013 |
Publication series
| Name | New Horizons in Institutional and Evolutionary Economics |
|---|
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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/Report › Book › Scientific
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 -