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Democracy and Markets: The Politics of Mixed Economies by John R. Freeman (Paperback, 1989)

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Product Information

Events of the 1970s and 1980s have provoked intense controversy about the desirability of existing political and economic institutions. On the basis of an analysis of social welfare in varying types of market systems and in certain democratic political systems, Democracy and Markets illuminates alternative directions for institutional reform. Examining in detail the experiences of several democratic European countries, John R. Freeman considers whether a mixed ownership structure is preferable to a private ownership structure; and whether a pluralist type of democratic politics is preferable to a corporatist type. Freeman compares the benefits of the two economic and two political systems separately, and then analyzes the workings of four basic political economies. This analysis yields a welfare taxonomy for alternative forms of democratic capitalism and more specifically a characterization of the blends of collective gain and distributional equity that can be achieved in the four systems. Freeman demonstrates the validity of this taxonomy through an empirical investigation of the political economies of Britain, Austria, Sweden, and Italy. Under current conditions, he concludes, the corporatist-mixed system produces the most desirable blend of welfare outcomes.

Product Identifiers

Publisher
Cornell University Press
ISBN-13
9780801496011
eBay Product ID (ePID)
94687298

Product Key Features

Author
John R. Freeman
Publication Name
Democracy and Markets: the Politics of Mixed Economies
Format
Paperback
Language
English
Subject
Economics, Government, Politics
Publication Year
1989
Type
Textbook
Number of Pages
352 Pages

Dimensions

Item Height
235mm
Item Width
155mm
Item Weight
28g

Additional Product Features

Title_Author
John R. Freeman
Series Title
Cornell Studies in Political Economy
Country/Region of Manufacture
United States

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