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How did the value of freedom become so closely associated with the institution of the market? Why did the idea of market freedom hold so little appeal before the modern period, and how can we explain its rise to dominance? In The Invention of Market Freedom, Eric MacGilvray addresses these questions by contrasting the market conception of freedom with the republican view that it displaced. After analyzing the ethical core and exploring the conceptual complexity of republican freedom, MacGilvray shows how this way of thinking was confronted with, altered in response to, and finally overcome by the rise of modern market societies. By learning to see market freedom as something that was invented, we can become more alert to the ways in which the appeal to freedom shapes and distorts our thinking about politics.
MacGilvray argues that we should shift our attention away from the problem of identifying uncontroversial public ends in the present and toward the problem of evaluating potentially controversial public ends through collective inquiry over time.
This book examines the role of political parties in liberal democracies and their function, within the context of one of the most influential contemporary political theories, John Rawls's political liberalism.
A liberal state is a representative democracy constrained by the rule of law. Richard Posner argues for a conception of the liberal state based on pragmatic theories of government. He views the actions of elected officials as guided by interests rather than by reason and the decisions of judges by discretion rather than by rules. He emphasizes the institutional and material, rather than moral and deliberative, factors in democratic decision making. Posner argues that democracy is best viewed as a competition for power by means of regular elections. Citizens should not be expected to play a significant role in making complex public policy regarding, say, taxes or missile defense. The great ad...
"An annotated edition of John Dewey's work of democratic theory, first published in 1927. Includes a substantive introduction and bibliographical essay"--Provided by publisher.
Inter- and supranational courts derive their legitimacy partly from an institutional comparison: judges' legal expertise and the quality of judicial procedures justify a court's claim to authority towards other branches of government and other courts with overlapping jurisdiction. To provide a benchmark for assessing judicial outcomes that is compatible with democratic commitments, Johann Laux suggests a new normative category, Public Epistemic Authority (PEA). It builds on the mechanisms behind theories of collective intelligence and empirical research on judicial decision-making. PEA tracks judges' collective ability to reliably identify breaches of law. It focuses on cognitive tasks in adjudication. The author applies PEA to the Court of Justice of the European Union and offers suggestions for improving its institutional design.
Due to the enormous influence of Adam Smith’s The Wealth of Nations on Western liberal economics, a tradition closely linked to the United States, many scholars assume that early American economists were committed to Smith’s ideas of free trade and small government. Debunking this belief, Christopher W. Calvo provides a comprehensive history of the nation’s economic thought from 1790 to 1860, tracing the development of a uniquely American understanding of capitalism. The Emergence of Capitalism in Early America shows how American economists challenged, adjusted, and adopted the ideas of European thinkers such as Adam Smith, David Ricardo, and Thomas Malthus to suit their particular int...
Advances normative notion of transnational cosmopolitanism based on Du Bois's writings and practice, and discusses limitations of Kantian cosmopolitanism.
Uses modernist and postmodernist theoretical perspectives to examine the formation and reformation of states throughout history and around the globe.
Capitalism in the western world is currently facing a crisis of legitimacy in the face of rampant and growing inequality. In response, people are challenging the status quo and demanding their economic rights. But what economic rights do we have, and why? This book explores how four remarkable thinkers answered these questions during the nineteenth century's industrial revolution and how their ideas can provide a blueprint for economic justice today.