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The Political Economy of Democracy and Tyranny (Paperback)
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The Political Economy of Democracy and Tyranny (Paperback)
Series: Oldenbourg's Politics, Philosophy and Economics
Expected to ship within 10 - 15 working days
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One theme that has emerged from the recent literature on political
economy concerns the transition to democracy: why would dominant
elites give up oligarchic power? This book addresses the
fundamental question of democratic stability and the collapse of
tyranny by considering a formal model of democracy and tyranny. The
formal model is used to study elections in developed polities such
as the United States, the United Kingdom, the Netherlands, Canada,
and Israel, as well as complex developing polities such as Turkey.
The key idea is that activist groups may offer resources to
political candidates if they in turn adjust their polities in favor
of the interest group. In polities that use a "first past the post"
electoral system, such as the US, the bargaining between interest
groups and candidates creates a tendency for activist groups to
coalesce; in polities such as Israel and the Netherlands, where the
electoral system is very proportional, there may be little tendency
for activist coalescence. A further feature of the model is that
candidates, or political leaders, like Barack Obama, with high
intrinsic charisma, or valence, will be attracted to the electoral
center, while less charismatic leaders will move to the electoral
periphery. This aspect of the model is used to compare the position
taking and exercise of power of authoritarian leaders in Portugal,
Argentina and the Soviet Union. The final chapter of the book
suggests that the chaos that may be induced by climate change and
rapid population growth can only be addressed by concerted action
directed by a charismatic leader of the Atlantic democracies.
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