Political Capitalism: How Political Influence Is Made and Maintained (Cambridge Studies in Economics, Choice, and Society)
Political Capitalism: How Political Influence Is Made and Maintained (Cambridge Studies in Economics, Choice, and Society)

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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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  • Released: July 19, 2018
  • Author: Randall G. Holcombe
  • Rating: 4,4
  • Publisher: Cambridge University Press (July 19, 2018)
  • Total Page: 289 pages
  • File Size: 1727 KB
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