Contestants, Profiteers, and the Political Dynamics of Marketization : How Shareholders gained Control Rights in Britain, Germany, and France
Book Details
Format
Hardback or Cased Book
ISBN-10
0198815026
ISBN-13
9780198815020
Publisher
Oxford University Press
Imprint
Oxford University Press
Country of Manufacture
GB
Country of Publication
GB
Publication Date
Jan 25th, 2018
Print length
182 Pages
Weight
372 grams
Dimensions
14.70 x 22.30 x 2.40 cms
Product Classification:
Political manifestosPolitical economyEconomic systems & structuresEconomic history
Ksh 11,750.00
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This book highlights the role of "profiteers" in political efforts to expand market-based competition. Political struggles surrounding the gradual marketization of corporate control in Britain, Germany and France from the 1860s provide empirical illustration.
Since the early 1980s, governments worldwide have taken many measures to expand the role of markets. Recent political events reflect widespread disenchantment with neoliberal policies, but it remains doubtful whether populist leaders will deliver the market restraints that many of their voters expect. This book explains the resilience of marketization processes by highlighting the role of profiteers- namely those who, like the organizer of a cock fight, benefit from contests regardless of who wins. By setting up shop on the sidelines, profiteers accumulate resources that boost political efforts to maintain and expand the arena of competition. Evidence comes from the evolution of support for shareholder rights relating to takeover bids among key interest groups and political parties in three countries since the late nineteenth century.
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