Capitalism, Democracy, and Ralph's Pretty Good Grocery

ISBN-10: 0691090823
ISBN-13: 9780691090825
Edition: 2000
Authors: John E. Mueller
List price: $39.95 Buy it from $3.00
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Description: This text argues that democracy is overrated, and that capitalism doesn't get enough credit. It claims that neither system is disastrous or perfect, and that people should accept the humdrum truth that both are pretty good.

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Book details

List price: $39.95
Copyright year: 2000
Publisher: Princeton University Press
Publication date: 8/19/2001
Binding: Paperback
Pages: 352
Size: 5.75" wide x 9.50" long x 0.75" tall
Weight: 1.144
Language: English

This text argues that democracy is overrated, and that capitalism doesn't get enough credit. It claims that neither system is disastrous or perfect, and that people should accept the humdrum truth that both are pretty good.

Acknowledgments
Introduction
Capitalism and Democracy: Images and Image Mismatches
Capitalism
Democracy
Ralph's Grocery
The Plan of the Book
Capitalism
Capitalism's Image
The Capitalist Virtues
The Capitalist Virtues and the Monopolist
The Essential Insincerity of Capitalist Morality
Why Nice Guys Finish First
Extrapolating the Capitalist Virtues
Capitalist Culture, Capitalist Inequality and Unfairness, Capitalist Competition
The Profound Irrationality of Capitalism: Investors as Unintended Altruists
Sources of Capitalism's Negative Image
Socialists and Communists
Storytellers
Intellectuals
Religion
Aristocrats and the Honorable
Ineffective Capitalist Propaganda
Capitalists
The Consequences of Capitalism's Image for Economic Development
The Unequal Rate of Economic Development
Superimposing the Capitalist Virtues
Virtue as a Business Innovation
The Rise of Business Virtue
The Relative Importance of Business Virtue in Economic Development
The Relevance of an Effective Legal System to Economic Development
Development, Happiness, and the Rise of the Politically Incorrect One-Handed Economist
One-Handedness
Political Incorrectness
Four Economic Propositions That Have Become Increasingly Accepted
The Prospects for Massive Economic Growth
Economic Development, Professed Happiness, and the Catastrophe Quota
Development and the Quest for Happiness
Democracy
Images and Definitions
Defining Democracy: Responsive Government
Elections: Useful, but Not Essential
Political Inequality
Democracy in Practice: Coopting the Wealthy
Minority Rule and Majority Acquiescence
Democracy in Comparison
Democracy and Real People
Consequences of the Democratic Image
Cynicism about the Democratic Process
Hyperdemocracy
The Rebellion of Minorities
The Trouble with Transitology
The Rise of Democracy
A Democratic Dialogue
The Historical Movement of Ideas
The Correlates of Democracy
The Marketing of Democracy
Examining the Third Wave
The Future of Democracy
Conclusion
Democracy and Capitalism: Connections and Disconnections
Capitalism without Democracy, Democracy without Capitalism
Democracy's Connection with Capitalist Prosperity
Democracy's Connection to Capitalist Growth
The Connection of Democracy and Capitalism with Crime
Conceptional Connections between Democracy and Capitalism
An Inventory of Propositions
Notes
References
Index

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