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

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ISBN-10: 0226243176

ISBN-13: 9780226243177

Edition: N/A

Authors: Thomas Ferguson

List price: $34.00
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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…    
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Book details

List price: $34.00
Publisher: University of Chicago Press
Publication date: 6/15/1995
Binding: Paperback
Pages: 441
Size: 6.00" wide x 9.25" long x 1.00" tall
Weight: 1.628
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