Golden Rule The Investment Theory of Party Competition and the Logic of Money-Driven Political Systems

Name: Golden Rule The Investment Theory of Party Competition and the Logic of Money-Driven Political Systems
Availability: InStock
ISBN: 9780226243177

ISBN-10: 0226243176

ISBN-13: 9780226243177

Edition: 1995

Authors: Thomas Ferguson

List price: $37.00

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Description:

"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…

Book details

List price: $37.00
Copyright year: 1995
Publisher: University of Chicago Press
Publication date: 6/15/1995
Binding: Paperback
Pages: 440
Size: 5.98" wide x 8.98" long x 1.26" tall
Weight: 1.540
Language: English



Introduction


Politics, Social Science, and the Golden Rule


Reading the Handwriting on the Wall



Party Realignment and American Industrial Structure


The Investment Theory of Political Parties in Historical Perspective



From 'Normalcy' to New Deal


Industrial Structure, Party Competition, and American Public Policy in the Great Depression



Monetary Policy, Loan Liquidation, and Industrial Conflict


The Federal Reserve and the Open Market Operations of 1932




Industrial Structure and Party Competition in the New Deal


A Quantitative Assessment



By Invitation Only: Party Competition and Industrial Structure in the 1988 Election



'Real Change'? 'Organized Capitalism,' Fiscal Policy, and the 1992 Election


Conclusion Money and Destiny in Advanced Capitalism


Paying the Piper, Calling the Tune Postscript



Deduced and Abandoned: Rational Expectations, the Investment


Theory of Political Parties, and the Myth of the Median Voter


Index