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Books > Humanities > Philosophy > Topics in philosophy > Social & political philosophy
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Creative Crisis in Democracy and Economy (Hardcover, 2013 ed.)
Loot Price: R4,382
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Creative Crisis in Democracy and Economy (Hardcover, 2013 ed.)
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Developments across the millennia suggest that, even though
democracies and free market economies are continuously challenged
by crises and disturbances, such as natural disasters, wars, or
technological revolutions, in the countries where they take roots
civil liberties deepen and per capita prosperity increases. To
substantiate this claim analytically, the authors emphasize the
principles that make free markets a sine qua non condition for
democracy and study the nature of the relationship between free
market institutions and economic growth. By examining the operating
principles, outcomes and challenges experienced by contemporary
democracies, many lessons are drawn with regard to how governments
should act in order to avoid the pitfalls inherently associated
with representative democracy. To illustrate the dangers of
deviating from these principles, the authors apply their findings
to the Greek democracy and economy since the Second World War.
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