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Democracy and the Market

Democracy and the Market
Political and Economic Reforms in Eastern Europe and Latin America

$29.99 (G)

Part of Studies in Rationality and Social Change

  • Date Published: July 1991
  • availability: Available
  • format: Paperback
  • isbn: 9780521423359

$ 29.99 (G)
Paperback

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About the Authors
  • The quest for freedom from hunger and repression has triggered in recent years a worldwide movement toward political democracy and economic rationality. Never have so many people experimented with democratic institutions. At the same time, traditional strategies of economic development have collapsed in Eastern Europe and Latin America and entire economic systems are being transformed on both continents. What should we expect in the countries that venture on the paths to democracy and markets? Will these transitions result in democracies or in new dictatorships? What economic system, new or old, will emerge? This major book analyzes recent events in Eastern Europe and Latin America, focusing on transitions to democracy and market-oriented economic reforms. The author underscores the interdependence of political and economic transformations and draws on extensive local data as part of his analysis. A distinctive feature of the book is that it employs models derived from politics, economics, and game theory. This book will be of particular interest to scholars and graduate students in political science and sociology.

    • Highly topical book given recent developments in Eastern Europe
    • Author is well-known, his previous book (published by us) was well accepted - Capitalism and Social Democracy
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    Reviews & endorsements

    "Przeworski has written a very interesting book that is at times even exciting to read. He systematizes the interests of socially relevant groups in reform processes using simple game theoretic tools which allow him to proceed on an abstract level as well as on a more concrete one, illustrating his systematization with examples from both Latin America and Eastern Europe." Constitutional Political Economy

    "Przeworski is a wise and insightful analyst unusually well placed to observe the transitions in both Eastern Europe and Latin America closely and thus, perhaps, uniquely qualified to theorize about them. The strength of the book lies in the effort to create general models of processes that are usually treated descriptively." American Political Science Review

    "This razor-sharp little book by a cosmopolitan University of Chicago scholar is part of a remarkable series of studies on rationality and technical change at whose heart is the theoretical perspective of the 'multiple self': a self that loves justice as well as economic gain." Boston Globe

    "Democracy and the Market is a genuinely path-breaking book. Przeworski's analyses are complex and subtle, and one cannot do justice to them in a brief review. The volume spans the globe and disciplines alike, ranging comfortably from Santiago to Bucharest and from economics to poltical philosophy, and provides us with an impressive analytical road map through the various transitions and their aftermaths." Ellen Comisso, Contemporary Sociology

    "The books offers interesting and intellectually challenging reading. It can be proposed to a wide academic audience including scholars of comparative politics and economics, students and analysts....The vivid and, I dare say, charming style of writing, with many brilliantly inserted short anecdotes, contributes to the high quality of reading." Adam Török, Slavic Review

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    Product details

    • Date Published: July 1991
    • format: Paperback
    • isbn: 9780521423359
    • length: 228 pages
    • dimensions: 216 x 140 x 13 mm
    • weight: 0.3kg
    • contains: 8 b/w illus. 2 tables
    • availability: Available
  • Table of Contents

    Introduction
    A prologue: the fall of communism
    1. Democracy
    2. Transitions to democracy
    3. Capitalism and socialism
    4. The political dynamics of economic reform
    References
    Author index
    Subject index.

  • Author

    Adam Przeworski, University of Chicago

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