Why the Market Subverts Democracy  

Oleh:

Hahnel, Robin

Jenis: Article from Journal - e-Journal
Dalam koleksi: American Behavioral Scientist vol. 52 no. 07 (Mar. 2009), page 1006-1022.
Topik: Markets; Economic Democracy; Economic Freedom; Self-Management; Externalities
Fulltext: 04. Why the Market Subverts Democracy.pdf (799.23KB)

Isi artikel

Proponents of neoliberalism contend that promoting free markets is nearly synonymous with promoting democracy. Even those who reject extreme neoliberalism and call for regulating markets often express reluctance to do so because such interventions, in their view, diminish economic freedom to some extent. After a critical examination of competing definitions of economic democracy, this article argues that, contrary to popular opinion, the market system undermines both economic and political democracy in a number of ways.

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