Business and Democracy: Cohabitation or Contradiction?

July 27, 2010 | Author: admin | Filed under: Investment Book

Business and Democracy: Cohabitation or Contradiction?
List Price: USD 75.00
Lowest Used Price: USD 95.63
Lowest New Price: USD 36.98
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Binding: Hardcover
Manufacturer: Pinter Publishers Ltd
Average Rating:
Product Description:
Contrasting the way business operates in a democratic environment with the way it operates in authoritarian regimes, this text examines business within a range of countries, including: Brazil, Mexico, Spain, Indonesia, the Philippines, Nigeria, the USA and South Africa. It presents an understanding of business as a social actor, and explores the implications of this perspective for business people.
ISBN: 185567498X
Number Of Pages: 179
Languages:
Original Language: English
Unknown: English
Published: English
Customer Reviews


Business and Democracy promote one another
"What we are arguing is not that democracy is the inevitable outcome of successful capitalist development, but that such development is a necessary prerequisite of democracy..... We are also saying that authoritative regimes rarely meet the conditions under which business can optimally flourish." In the book, Business and Democracy, Cohabitation or Contradiction?, edited by Ann Bernstein and Peter L. Berger, this statement is well proven: business and democracy do not work to promote one another. Rather, the externalities/pressures of one are a benefit to the other. The editors pull numerous short articles together to support their thesis and then use examples of several developing or transitioning countries in the last half century. In the short term, business can thrive in an authoritative regime but will inevitably lead to "Crony Capitalism". However, eventually pressures for reform and independence will weaken the state ruling institution. In contrast, democracies have continued to be successful when a free market system was already established. The editors have made an excellent case for the cohabitation of Business and Democracy. Business Associations and the thickening of civil society are in the best interests of democracy and visa versa. It allows for a reduced size of government, eliminates excessive taxes that discourage investment, and creates stability. Government still has control with the ability to take power away from the association, but the alternative would be a large expensive government and "Crony Capitalism." It is in the best interest of all society for government and business to work together. The increase of civil liberties and the standard of living are the externalities we all gain from the cohabitation of Business and Democracy.
This book is a must read for those who wish to better understand the role of business and the development of the third world. I would also recommend this book to anyone who wishes to discourage a capitalist system.

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