StudentShare solutions
Got a tricky question? Receive an answer from students like you! Try us!

Essay example - To what extent do markets pose a threat to democracy

Only on StudentShare
Pages 5 (1255 words)
Given the arguments that institutions and property rights do matter, the issue f the quality f democracy becomes especially salient when assessing the relative advantages f democracies and autocracies. Lumping together all democracies as one type f regime in empirical analyses, therefore, is bound to yield misleading, or at best null, results.

Extract of sample

(Barnhill 91-92) Moreover, a neglected side f democracy and growth is the question f what facilitates flexible, consensual responses to rapidly changing economic situations and the qualitative aspects f responses by governments to the day-to-day policy matters demanded by a democratic polity.
More often than not, institutions are viewed as static and inanimate, devoid f political content. The standard views are that institutions provide security from intrusive government and insure the effective functioning f markets. Property rights are secure where institutions prevent arbitrary acts by government, providing a system f checks and balances, or a system f multiple veto points so that political power remains checked. Efficiency is a question f how well institutions perform and the extent to which rent seeking is prevented. Much f the discussion around differing forms f democracy has centered around presidentialism versus parliamentarism, focusing heavily on the developed countries. As some find, there is little heterogeneity among the richer countries where the presidential and parliamentary forms share many features in common and where outcomes may in fact be similar despite different organizational form. (Moltedo 30-31)
Moreover, others have s ...
Download paper
Not exactly what you need?

Related papers

Democracy Essay
The Zimbabwe issue is centre stage at the moment and is a clear example of how democracy can be exploited and manipulated to suit a select few. As a requirement for making democracy possible, competition was available against those who held centre stage in the political arena for more than a decade. The race was carried out and there was no majority consensus of more than fifty percent of the…
2 pages (502 words)
The entire organization will then implement the alternative choice that has the most number of votes. This is the normal situation in a corporation or partnership. This is also further exemplified by the yearly high school class election of officers.…
18 pages (4518 words)
To what extent do markets pose a threat to democracy
While accepting that both the state and market perform indispensable functions in a dynamic society, social market strategies seek to expand and create new social sectors that belong to neither the competitive market nor the regulative state systems. Producer cooperatives take labor out f the market by removing corporate shares from the stock market and maintaining local worker ownership;…
11 pages (2761 words)
Direct Democracy
Direct Democracy is a form of government in which all citizens can directly participate in the decision-making process. (Direct Democracy Campaign, Wikipedia, the free encyclopedia).…
3 pages (753 words)
And the effective predator will come prepared. Don't be shy about peering into hidden corners. You might see my friends there and my friends have the power. We have purchasing power and our conversations will be heard. After all, the whole idea of marketing is to sell a product. Bottom line. Sell a product. You can have your ideals now, or a hundred years ago, or since, sales figures will still be…
3 pages (753 words)