Experiments In Financial Democracy
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Experiments In Financial Democracy
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Author : Aldo Musacchio
language : en
Publisher: Cambridge University Press
Release Date : 2009-09-14
Experiments In Financial Democracy written by Aldo Musacchio and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-09-14 with Business & Economics categories.
A detailed historical description of the evolution of corporate governance and stock markets in Brazil in the late nineteenth and twentieth centuries.
The Porto Alegre Experiment
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Author : Marion Gret
language : en
Publisher: Zed Books
Release Date : 2005
The Porto Alegre Experiment written by Marion Gret and has been published by Zed Books this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005 with Business & Economics categories.
With its experiment in participative budget-making over the past decade, Porto Alegre has institutionalized the direct democratic involvement, locality by locality, of ordinary citizens in deciding spending priorities. This book examines how this democratic innovation works in practice and asks the difficult questions. Can local participation in public management really strengthen its efficiency? Is genuine participation possible without small groups monopolizing power? Can local organizations avoid becoming bureaucratized and cut off from their roots? Can neighborhood mobilization go beyond parochialism and act in the general interest?The book also raises the bigger question about what lessons can be learned from Porto Alegre to renew democratic institutions elsewhere in the world.
Democracy And International Finance
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Author : John R. Freeman
language : en
Publisher:
Release Date : 1997
Democracy And International Finance written by John R. Freeman and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1997 with categories.
The Price Of Democracy
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Author : Julia Cagé
language : en
Publisher: Harvard University Press
Release Date : 2020-03-31
The Price Of Democracy written by Julia Cagé and has been published by Harvard University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-03-31 with Political Science categories.
Why and how systems of political financing and representation in Europe and North America give outsized influence to the wealthy and undermine democracy, and what we can do about it. One person, one vote. In theory, everyone in a democracy has equal power to decide elections. But it’s hardly news that, in reality, political outcomes are heavily determined by the logic of one dollar, one vote. We take the political power of money for granted. But does it have to be this way? In The Price of Democracy, Julia Cagé combines economic and historical analysis with political theory to show how profoundly our systems in North America and Europe, from think tanks and the media to election campaigns, are shaped by money. She proposes fundamental reforms to bring democracy back into line with its egalitarian promise. Cagé shows how different countries have tried to develop legislation to curb the power of private money and to develop public systems to fund campaigns and parties. But these attempts have been incoherent and unsystematic. She demonstrates that it is possible to learn from these experiments in the United States, Europe, and elsewhere to design a better system that would increase political participation and trust. This would involve setting a strict cap on private donations and creating a public voucher system to give each voter an equal amount to spend in support of political parties. More radically, Cagé argues that a significant fraction of seats in parliamentary assemblies should be set aside for representatives from disadvantaged socioeconomic groups. At a time of widespread political disenchantment, The Price of Democracy is a bracing reminder of the problems we face and an inspirational guide to the potential for reform.
Democratic Processes And Financial Markets
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Author : William Bernhard
language : en
Publisher: Cambridge University Press
Release Date : 2006-07-24
Democratic Processes And Financial Markets written by William Bernhard and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006-07-24 with Political Science categories.
The authors examine the conditions under which democratic events, including elections, cabinet formations, and government dissolutions, affect asset markets. Where these events have less predictable outcomes, market returns are depressed and volatility increases. In contrast, where market actors can forecast the result, returns do not exhibit any unusual behavior. Further, political expectations condition how markets respond to the political process. When news causes market actors to update their political beliefs, market actors reallocate their portfolios, and overall market behavior changes. To measure political information, Professors Bernhard and Leblang employ sophisticated models of the political process. They draw on a variety of models of market behavior, including the efficient markets hypothesis, capital asset pricing model, and arbitrage pricing theory, to trace the impact of political events on currency, stock, and bond markets. The analysis will appeal to academics, graduate students, and advanced undergraduates across political science, economics, and finance.
Costs Of Democracy
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Author : Devesh Kapur
language : en
Publisher: Oxford University Press
Release Date : 2018-06-13
Costs Of Democracy written by Devesh Kapur and has been published by Oxford University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-06-13 with Political Science categories.
One of the most troubling critiques of contemporary democracy is the inability of representative governments to regulate the deluge of money in politics. If it is impossible to conceive of democracies without elections, it is equally impractical to imagine elections without money. Costs of Democracy is an exhaustive, ground-breaking study of money in Indian politics that opens readers’ eyes to the opaque and enigmatic ways in which money flows through the political veins of the world’s largest democracy. Through original, in-depth investigation—drawing from extensive fieldwork on political campaigns, pioneering surveys, and innovative data analysis—the contributors in this volume uncover the institutional and regulatory contexts governing the torrent of money in politics; the sources of political finance; the reasons for such large spending; and how money flows, influences, and interacts with different tiers of government. The book raises uncomfortable questions about whether the flood of money risks washing away electoral democracy itself.
The Porto Alegre Experiment
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Author : Marian Gret
language : en
Publisher:
Release Date : 2000
The Porto Alegre Experiment written by Marian Gret and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000 with categories.
Campaign Finance American Democracy
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Author : David M. Primo
language : en
Publisher: University of Chicago Press
Release Date : 2020-11-13
Campaign Finance American Democracy written by David M. Primo and has been published by University of Chicago Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-11-13 with Political Science categories.
In recent decades, and particularly since the US Supreme Court’s controversial Citizens United decision, lawmakers and other elites have told Americans that stricter campaign finance laws are needed to improve faith in the elections process, increase trust in the government, and counter cynicism toward politics. But as David M. Primo and Jeffrey D. Milyo argue, politicians and the public alike should reconsider the conventional wisdom in light of surprising and comprehensive empirical evidence to the contrary. Primo and Milyo probe original survey data to determine Americans’ sentiments on the role of money in politics, what drives these sentiments, and why they matter. What Primo and Milyo find is that while many individuals support the idea of reform, they are also skeptical that reform would successfully limit corruption, which Americans believe stains almost every fiber of the political system. Moreover, support for campaign finance restrictions is deeply divided along party lines, reflecting the polarization of our times. Ultimately, Primo and Milyo contend, American attitudes toward money in politics reflect larger fears about the health of American democracy, fears that will not be allayed by campaign finance reform.
Democracy Declined
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Author : Mallory E. SoRelle
language : en
Publisher: University of Chicago Press
Release Date : 2020-12-14
Democracy Declined written by Mallory E. SoRelle and has been published by University of Chicago Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-12-14 with Political Science categories.
As Elizabeth Warren memorably wrote, “It is impossible to buy a toaster that has a one-in-five chance of bursting into flames and burning down your house. But it is possible to refinance an existing home with a mortgage that has the same one-in-five chance of putting the family out on the street.” More than a century after the government embraced credit to fuel the American economy, consumer financial protections in the increasingly complex financial system still place the onus on individuals to sift through fine print for assurance that they are not vulnerable to predatory lending and other pitfalls of consumer financing and growing debt. In Democracy Declined, Mallory E. SoRelle argues that the failure of federal policy makers to curb risky practices can be explained by the evolution of consumer finance policies aimed at encouraging easy credit in part by foregoing more stringent regulation. Furthermore, SoRelle explains how angry borrowers’ experiences with these policies teach them to focus their attention primarily on banks and lenders instead of demanding that lawmakers address predatory behavior. As a result, advocacy groups have been mostly unsuccessful in mobilizing borrowers in support of stronger consumer financial protections. The absence of safeguards on consumer financing is particularly dangerous because the consequences extend well beyond harm to individuals—they threaten the stability of entire economies. SoRelle identifies pathways to mitigate these potentially disastrous consequences through greater public participation.
The Great Experiment
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Author : Yascha Mounk
language : en
Publisher: Penguin
Release Date : 2022-04-19
The Great Experiment written by Yascha Mounk and has been published by Penguin this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-04-19 with Political Science categories.
One of Barack Obama's Recommended Reads for Summer “[A] brave and necessary book . . . Anyone interested in the future of liberal democracy, in the US or anywhere else, should read this book.” —Anne Applebaum “A convincing, humane, and hopeful guide to the present and future by one of our foremost democratic thinkers.” —George Packer “A rare thing: [an] academic treatise . . . that may actually have influence in the arena of practical politics. . . . Passionate and personal.” —Joe Klein, New York Times Book Review From one of our sharpest and most important political thinkers, a brilliant big-picture vision of the greatest challenge of our time—how to bridge the bitter divides within diverse democracies enough for them to remain stable and functional Some democracies are highly homogeneous. Others have long maintained a brutal racial or religious hierarchy, with some groups dominating and exploiting others. Never in history has a democracy succeeded in being both diverse and equal, treating members of many different ethnic or religious groups fairly. And yet achieving that goal is now central to the democratic project in countries around the world. It is, Yascha Mounk argues, the greatest experiment of our time. Drawing on history, social psychology, and comparative politics, Mounk examines how diverse societies have long suffered from the ills of domination, fragmentation, or structured anarchy. So it is hardly surprising that most people are now deeply pessimistic that different groups might be able to integrate in harmony, celebrating their differences without essentializing them. But Mounk shows us that the past can offer crucial insights for how to do better in the future. There is real reason for hope. It is up to us and the institutions we build whether different groups will come to see each other as enemies or friends, as strangers or compatriots. To make diverse democracies endure, and even thrive, we need to create a world in which our ascriptive identities come to matter less—not because we ignore the injustices that still characterize the United States and so many other countries around the world, but because we have succeeded in addressing them. The Great Experiment is that rare book that offers both a profound understanding of an urgent problem and genuine hope for our human capacity to solve it. As Mounk contends, giving up on the prospects of building fair and thriving diverse democracies is simply not an option—and that is why we must strive to realize a more ambitious vision for the future of our societies.