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Contestants, Profiteers, and the Political Dynamics of Marketization - How Shareholders gained Control Rights in Britain, Germany, and France (Hardcover)
Loot Price: R1,220
Discovery Miles 12 200
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Contestants, Profiteers, and the Political Dynamics of Marketization - How Shareholders gained Control Rights in Britain, Germany, and France (Hardcover)
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Since the early 1980s, governments worldwide have taken many
measures to expand the role of markets. Recent political events
reflect widespread disenchantment with neoliberal policies, but it
remains doubtful whether populist leaders will deliver the market
restraints that many of their voters expect. This book explains the
resilience of marketization processes by highlighting the role of
profiteers- namely those who, like the organizer of a cock fight,
benefit from contests regardless of who wins. By setting up shop on
the sidelines, profiteers accumulate resources that boost political
efforts to maintain and expand the arena of competition. Evidence
comes from the evolution of support for shareholder rights relating
to takeover bids among key interest groups and political parties in
three countries since the late nineteenth century.
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