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Economic and Political Democracy in Complex Times - History, Analysis and Policy (Hardcover)
Loot Price: R3,873
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Economic and Political Democracy in Complex Times - History, Analysis and Policy (Hardcover)
Series: Routledge Studies in the Modern World Economy
Expected to ship within 12 - 17 working days
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The concept of economic democracy is traditionally identified with
workplace democracy and participation at the enterprise level. This
is a very important dimension, but the concept of new economic
democracy also recognizes that, in a world of increasing
complexity, the principles of democratic deliberation and social
participation have to be applied to other areas as well. This book
takes a fresh look at economic democracy from various perspectives.
It provides rich historical narratives of episodes of social
participation in the economy and society, more broadly, from the
19th to the 21st century. It dissects the various analytical
underpinnings informing the theory of economic democracy connecting
it with collective choice, social contract theory, Marxian analysis
and libertarian critiques. The book identifies new areas of
application of the principles of democratic deliberation and
oversight such as the adoption of austerity policies, the signing
of free trade agreements, the conduct of central bank policies,
international investment treaties and natural resource management.
It takes a guided tour through the evolution of economic, social
and cultural rights and their impact on the design and
implementation of social policy and the welfare/ developmental
state. The book expands the notion of economic democracy from
factory level to the macro-economy and then to global economic
governance. It also discusses the critical links between political
democracy and economic democracy and the need for a more democratic
and socially equitable economy in the 21st century. This volume
will find an audience among economists, political scientists,
social activists, philosophers and sociologists.
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