Partisan Politics in the Global Economy (BOK)

Geoffrey Garrett

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Geoffrey Garrett challenges the conventional wisdom about the domestic effects of the globalization of markets in the industrial democracies: the erosion of national autonomy and the demise of leftist alternatives to the free market. He demonstrates that globalization has strengthened the relationship between the political power of the left and organized labour and economic policies that reduce market-generated inequalities of risk and wealth. Moreover, macroeconomic outcomes in the era of global markets have been as good or better in strong left-labour regimes ('social democratic corporatism') as in other industrial countries. Pessimistic visions of the inexorable dominance of capital over labour or radical autarkic and nationalist backlashes against markets are significantly overstated. Electoral politics have not been dwarfed by market dynamics as social forces. Globalized markets have not rendered immutable the efficiency-equality trade-off.


Språk Engelsk Engelsk Innbinding Heftet
Utgitt 1998 Forfatter Geoffrey Garrett
ISBN 9780521446907
Antall sider 204 Dimensjoner 15,2cm x 22,4cm x 1,4cm
Vekt 322 gram Leverandør Bertram Trading Ltd