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Golden Rule: The Investment Theory of Party Competition and the Logic of...
by Ferguson, Thomas | PB | Good
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“Pages can have notes/highlighting. Spine may show signs of wear. ~ ThriftBooks: Read More, ”... Read moreabout condition
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eBay item number:145404930947
Item specifics
- Condition
- Good
- Seller Notes
- Binding
- Paperback
- Weight
- 1 lbs
- Product Group
- Book
- IsTextBook
- Yes
- ISBN
- 0226243176
- Subject Area
- Political Science, Business & Economics
- Publication Name
- Golden Rule : The Investment Theory of Party Competition and the Logic of Money-Driven Political Systems
- Publisher
- University of Chicago Press
- Item Length
- 9 in
- Subject
- Political Process / Campaigns & Elections, Public Policy / Economic Policy, Political Process / Political Parties, Government & Business, American Government / National
- Publication Year
- 1995
- Series
- American Politics and Political Economy Ser.
- Type
- Textbook
- Format
- Trade Paperback
- Language
- English
- Item Height
- 1.3 in
- Item Weight
- 26.2 Oz
- Item Width
- 6 in
- Number of Pages
- 440 Pages
About this product
Product Identifiers
Publisher
University of Chicago Press
ISBN-10
0226243176
ISBN-13
9780226243177
eBay Product ID (ePID)
75859
Product Key Features
Number of Pages
440 Pages
Language
English
Publication Name
Golden Rule : The Investment Theory of Party Competition and the Logic of Money-Driven Political Systems
Publication Year
1995
Subject
Political Process / Campaigns & Elections, Public Policy / Economic Policy, Political Process / Political Parties, Government & Business, American Government / National
Type
Textbook
Subject Area
Political Science, Business & Economics
Series
American Politics and Political Economy Ser.
Format
Trade Paperback
Dimensions
Item Height
1.3 in
Item Weight
26.2 Oz
Item Length
9 in
Item Width
6 in
Additional Product Features
Intended Audience
Scholarly & Professional
LCCN
94-040580
Dewey Edition
20
Illustrated
Yes
Dewey Decimal
324/.4/0973
Table Of Content
Introduction. Politics, Social Science, and the Golden Rule: Reading the Handwriting on the Wall 1: Party Realignment and American Industrial Structure: The Investment Theory of Political Parties in Historical Perspective 2: From 'Normalcy' to New Deal: Industrial Structure, Party Competition, and American Public Policy in the Great Depression 3: Monetary Policy, Loan Liquidation, and Industrial Conflict: The Federal Reserve and the Open Market Operations of 1932 Thomas Ferguson, Gerald Epstein. 4: Industrial Structure and Party Competition in the New Deal: A Quantitative Assessment 5: By Invitation Only: Party Competition and Industrial Structure in the 1988 Election 6: 'Real Change'? 'Organized Capitalism,' Fiscal Policy, and the 1992 Election Conclusion. Money and Destiny in Advanced Capitalism: Paying the Piper, Calling the Tune Postscript Appendix: Deduced and Abandoned: Rational Expectations, the Investment Theory of Political Parties, and the Myth of the Median Voter Index
Synopsis
"To discover who rules, follow the gold." This is the argument of Golden Rule , a provocative, pungent history of modern American politics. Although the role big money plays in defining political outcomes has long been obvious to ordinary Americans, most pundits and scholars have virtually dismissed this assumption. Even in light of skyrocketing campaign costs, the belief that major financial interests primarily determine who parties nominate and where they stand on the issues-that, in effect, Democrats and Republicans are merely the left and right wings of the "Property Party"-has been ignored by most political scientists. Offering evidence ranging from the nineteenth century to the 1994 mid-term elections, Golden Rule shows that voters are "right on the money." Thomas Ferguson breaks completely with traditional voter centered accounts of party politics. In its place he outlines an "investment approach," in which powerful investors, not unorganized voters, dominate campaigns and elections. Because businesses "invest" in political parties and their candidates, changes in industrial structures-between large firms and sectors-can alter the agenda of party politics and the shape of public policy. Golden Rule presents revised versions of widely read essays in which Ferguson advanced and tested his theory, including his seminal study of the role played by capital intensive multinationals and international financiers in the New Deal. The chapter "Studies in Money Driven Politics" brings this aspect of American politics into better focus, along with other studies of Federal Reserve policy making and campaign finance in the 1936 election. Ferguson analyzes how a changing world economy and other social developments broke up the New Deal system in our own time, through careful studies of the 1988 and 1992 elections. The essay on 1992 contains an extended analysis of the emergence of the Clinton coalition and Ross Perot's dramatic independent insurgency. A postscript on the 1994 elections demonstrates the controlling impact of money on several key campaigns. This controversial work by a theorist of money and politics in the U.S. relates to issues in campaign finance reform, PACs, policymaking, public financing, and how today's elections work., "To discover who rules, follow the gold." This is the argument of Golden Rule , a provocative, pungent history of modern American politics. Although the role big money plays in defining political outcomes has long been obvious to ordinary Americans, most pundits and scholars have virtually dismissed this assumption. Even in light of skyrocketing campaign costs, the belief that major financial interests primarily determine who parties nominate and where they stand on the issues--that, in effect, Democrats and Republicans are merely the left and right wings of the "Property Party"--has been ignored by most political scientists. Offering evidence ranging from the nineteenth century to the 1994 mid-term elections, Golden Rule shows that voters are "right on the money." Thomas Ferguson breaks completely with traditional voter centered accounts of party politics. In its place he outlines an "investment approach," in which powerful investors, not unorganized voters, dominate campaigns and elections. Because businesses "invest" in political parties and their candidates, changes in industrial structures--between large firms and sectors--can alter the agenda of party politics and the shape of public policy. Golden Rule presents revised versions of widely read essays in which Ferguson advanced and tested his theory, including his seminal study of the role played by capital intensive multinationals and international financiers in the New Deal. The chapter "Studies in Money Driven Politics" brings this aspect of American politics into better focus, along with other studies of Federal Reserve policy making and campaign finance in the 1936 election. Ferguson analyzes how a changing world economy and other social developments broke up the New Deal system in our own time, through careful studies of the 1988 and 1992 elections. The essay on 1992 contains an extended analysis of the emergence of the Clinton coalition and Ross Perot's dramatic independent insurgency. A postscript on the 1994 elections demonstrates the controlling impact of money on several key campaigns. This controversial work by a theorist of money and politics in the U.S. relates to issues in campaign finance reform, PACs, policymaking, public financing, and how today's elections work.
LC Classification Number
JK467.F47 1995
Copyright Date
1995
ebay_catalog_id
4
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