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Rescuing Social Capital from Social Democracy

Rescuing Social Capital from Social Democracy

John Meadowcroft
4.5/5 ( ratings)
This book examines the complex relationships between social capital, markets, and democracy. Many social democrats believe that the failure of past government interventions in social and economic life can be explained by the absence of social capital, and that government must intervene to create that social capital. This monograph argues that participation in markets positively enriches and enhances the stock of social capital, while, conversely, democratic politics may undermine it by facilitating divisive rent-seeking by special interest groups.
Language
English
Pages
120
Format
Paperback
Publisher
Institute of Economic Affairs
Release
November 01, 2007
ISBN
0255365926
ISBN 13
9780255365925

Rescuing Social Capital from Social Democracy

John Meadowcroft
4.5/5 ( ratings)
This book examines the complex relationships between social capital, markets, and democracy. Many social democrats believe that the failure of past government interventions in social and economic life can be explained by the absence of social capital, and that government must intervene to create that social capital. This monograph argues that participation in markets positively enriches and enhances the stock of social capital, while, conversely, democratic politics may undermine it by facilitating divisive rent-seeking by special interest groups.
Language
English
Pages
120
Format
Paperback
Publisher
Institute of Economic Affairs
Release
November 01, 2007
ISBN
0255365926
ISBN 13
9780255365925

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