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Print Material
Author Rahman, K. Sabeel, 1983- author.

Title Democracy against domination / K. Sabeel Rahman.

Publication Info. New York : Oxford University Press, [2017]


Location Call No. OPAC Message Status
 Axe 3rd Floor Stacks  338.973 R129f 2017    ---  Available
1 copy being processed for Axe Acquisitions Order.
Description xv, 237 pages ; 25 cm
text txt rdacontent
unmediated n rdamedia
volume nc rdacarrier
Bibliography Includes bibliographical references (pages 181-226) and index.
Contents Democracy, domination, and the challenge of economic governance -- Managerialism and the new deal legacy -- The progressive critique of the market -- Economic domination and democratic action -- Structuring democratic agency -- Anti-domination as regulatory strategy -- Democratic agency as regulatory process -- Democratic freedom in the new gilded age.
Summary In 2008, the collapse of the US financial system plunged the economy into the worst economic downturn since the Great Depression. In its aftermath, the financial crisis pushed to the forefront fundamental moral and institutional questions about how we govern the modern economy. What are the values that economic policy ought to prioritize? What institutions do we trust to govern complex economic dynamics? Much of popular and academic debate revolves around two competing approaches to these fundamental questions: laissez-faire defenses of self-correcting and welfare-enhancing markets on the one hand, and managerialist turns to the role of insulated, expert regulation in mitigating risks and promoting growth on the other. In Democracy Against Domination, K. Sabeel Rahman offers an alternative vision for how we should govern the modern economy in a democratic society. Drawing on a rich tradition of economic reform rooted in the thought and reform politics of early twentieth century progressives like John Dewey and Louis Brandeis, Rahman argues that the fundamental moral challenge of economic governance today is two-fold: first, to counteract the threats of economic domination whether in the form of corporate power or inequitable markets; and second, to do so by expanding the capacity of citizens themselves to exercise real political power in economic policymaking. This normative framework in turn suggests a very different way of understanding and addressing major economic governance issues of the post-crisis era, from the challenge of too-big-to-fail financial firms, to the dangers of regulatory capture and regulatory reform.
Subject United States -- Economic policy -- 2009-
United States -- Economic policy -- Citizen participation.
Democracy -- Economic aspects -- United States.
Capitalism -- Political aspects -- United States.
Equality -- Economic aspects -- United States.
Financial services industry -- Law and legislation -- United States.
United States -- Economic conditions -- 2009-
Capitalism -- Political aspects. (OCoLC)fst00846436
Democracy -- Economic aspects. (OCoLC)fst00890081
Economic history. (OCoLC)fst00901974
Economic policy. (OCoLC)fst00902025
Economic policy -- Citizen participation. (OCoLC)fst00902029
Equality -- Economic aspects. (OCoLC)fst00914460
Financial services industry -- Law and legislation. (OCoLC)fst00924762
United States. (OCoLC)fst01204155
Chronological Term Since 2009
ISBN 9780190468538 (hardcover : alk. paper)
019046853X (hardcover : alk. paper)

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