Get 20M+ Full-Text Papers For Less Than $1.50/day. Subscribe now for You or Your Team.

Learn More →

Democracy, Markets and Capital: Are there Necessary Economic Limits to Democracy?

Democracy, Markets and Capital: Are there Necessary Economic Limits to Democracy? This article reviews the neo-liberal case for economic limits to democracy, assesses the counterposed argument of socialists and social democrats and considers why the latters' practical experience in ‘democratizing economic life’ has been so unsatisfactory. The second half of the paper considers the claim that some form of market socialism can overcome these limitations. While the market socialists have some success in undermining the claims of the neo-liberals, there are acute difficulties in transforming their agenda for economic democracy into a practicable politics. At the same time, it is suggested that while there may indeed be some economic limits to democracy, we are still very far from reaching them. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Political Studies SAGE

Democracy, Markets and Capital: Are there Necessary Economic Limits to Democracy?

Political Studies , Volume 40 (1_suppl): 16 – Aug 1, 1992

Loading next page...
 
/lp/sage/democracy-markets-and-capital-are-there-necessary-economic-limits-to-Q4WoL6ilZC

References (3)

Publisher
SAGE
Copyright
© 1992 Political Studies Association
ISSN
0032-3217
eISSN
1467-9248
DOI
10.1111/j.1467-9248.1992.tb01814.x
Publisher site
See Article on Publisher Site

Abstract

This article reviews the neo-liberal case for economic limits to democracy, assesses the counterposed argument of socialists and social democrats and considers why the latters' practical experience in ‘democratizing economic life’ has been so unsatisfactory. The second half of the paper considers the claim that some form of market socialism can overcome these limitations. While the market socialists have some success in undermining the claims of the neo-liberals, there are acute difficulties in transforming their agenda for economic democracy into a practicable politics. At the same time, it is suggested that while there may indeed be some economic limits to democracy, we are still very far from reaching them.

Journal

Political StudiesSAGE

Published: Aug 1, 1992

There are no references for this article.