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Books > Social sciences > Sociology, social studies > Social institutions
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Political Capitalism - How Economic and Political Power Is Made and Maintained (Hardcover)
Loot Price: R2,649
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Political Capitalism - How Economic and Political Power Is Made and Maintained (Hardcover)
Series: Cambridge Studies in Economics, Choice, and Society
Expected to ship within 12 - 17 working days
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Problems associated with cronyism, corporatism, and policies that
favor the elite over the masses have received increasing attention
in recent years. Political Capitalism explains that what people
often view as the result of corruption and unethical behavior are
symptoms of a distinct system of political economy. The symptoms of
political capitalism are often viewed as the result of government
intervention in a market economy, or as attributes of a capitalist
economy itself. Randall G. Holcombe combines well-established
theories in economics and the social sciences to show that
political capitalism is not a mixed economy, or government
intervention in a market economy, or some intermediate step between
capitalism and socialism. After developing the economic theory of
political capitalism, Holcombe goes on to explain how changes in
political ideology have facilitated the growth of political
capitalism, and what can be done to redirect public policy back
toward the public interest.
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