Business & Economics

Crony Capitalism and Economic Growth in Latin America

Crony Capitalism and Economic Growth in Latin America

Author: Stephen Haber

Publisher: Hoover Institution Press

ISBN: 9780817999667

Category: Business & Economics

Page: 158

View: 392

Crony capitalism systems—in which those close to political policymakers receive favors allowing them to earn returns far above market value—are a fundamental feature of the economies of Latin America. Haber and his expert contributors draw from case studies in Mexico, Brazil, and other countries around the world to examine the causes and consequences of cronyism.
Political Science

The Great Deformation

The Great Deformation

Author: David Stockman

Publisher: Public Affairs

ISBN: 9781586489120

Category: Political Science

Page: 770

View: 387

A former Michigan congressman and member of the Reagan administration describes how interference in the financial markets has contributed to the national debt and has damaging and lasting repercussions.
Business & Economics

Crony Capitalism in America 2008-2012

Crony Capitalism in America 2008-2012

Author: Hunter Lewis

Publisher: Ac Books

ISBN: 0988726726

Category: Business & Economics

Page: 399

View: 663

We see it everywhere: shady deals between politicians, regulators, and powerful private interests. Increasingly this is how our economy is run. This title tells us in clear and simple terms what is wrong and what needs to be done about it.
Political Science

Dilemmas of Domination

Dilemmas of Domination

Author: Walden Bello

Publisher: Metropolitan Books

ISBN: 0805074023

Category: Political Science

Page: 272

View: 874

From the acclaimed globalization critic, a far-reaching analysis of America's military, economic, and political vulnerability The empire seems unassailable, but the empire is weak-and precisely because of its imperial ambitions. So argues Walden Bello's provocative new book, which systematically dissects the strategic, economic, and political dilemmas confronting America as a consequence of its quest for global domination. An award-winning development expert, Bello shows how despite the enormity of the U.S. defense budget, American forces are already overextended, a condition bound to intensify as each local "victory" breeds simmering resistance and new confrontation. He points to the empire's looming economic breakdown, the result of its gargantuan military costs, record-breaking deficits, and exploitative trade and investment relations with developing countries. On the political front, he warns of the bitter disillusionment mounting around the world in response to America's failure to champion liberal democracy. Everywhere America goes, crony capitalism, hostile coercion, and gross inequalities in income eat away at expectations of justice and inclusion. A clear and prophetic examination, Dilemmas of Domination reveals a not-too-distant future in which the empire's hidden weaknesses will yield fatal challenges to American supremacy.
Political Science

The Current American Civil War, a Global Perspective

The Current American Civil War, a Global Perspective

Author: Kern G. Lim

Publisher: Archway Publishing

ISBN: 9781480863996

Category: Political Science

Page: 470

View: 475

After the last Civil War, America emerged a stronger and more united country that went on to witness major economic growth and become a major force for Democracy around the World. America is currently in a New Cold Civil War, it is at a critical inflection point and faces the most serious threat to its democracy in its history. Its Dynamic Free Market Capitalism has been replaced by Crony Capitalism from Wall Street, which is hobbling the proper allocation of Financial Capital to Main Street, thereby stifling real new business growth. In this political commentary, the author argues that we still do not fully understand the negative effects of convergence and consolidation in information technology. We are also overlooking the fact that the rhetoric in both the social and Main-stream Media are being monopolized by the same special interest groups that funds the Activists and control a majority of information technology companies. While muckraker journalists used to look out for our interests, today the media are mostly in cahoots with the tech companies as well as celebrities, activist judges, corporations, and Wall Street capitalists. As such the American people stand alone with no one on their side except the current President whom they had elected on 8th Nov 2016. With odds stacked against them, do Americans stand a chance? Get the answer to that question and many more, also discover what you can do to protect American democracy and help unchain free market capitalism to drive economic growth in America. In our current environment of emotional hysteria hyped up by the Social and Main-stream Media, this book attempts a facts-based approach, leveraging business management methodologies and discipline to analyze issues and their causations. All derived conclusions are also supported by historical equivalents, fundamental concepts per relevant disciplines, related organizational Cultures and finally the motivations and personal agendas of the participants. This fresh new approach is most interesting as it is neither aligned with the left nor right, an independent, unbiased approach to problem-solving.
Political Science

Liberty for Latin America

Liberty for Latin America

Author: Alvaro Vargas Llosa

Publisher: Farrar, Straus and Giroux

ISBN: 9781466893733

Category: Political Science

Page: 288

View: 388

Latin America's Foremost Political Journalist Makes a Brilliant and Passionate Argument for Real Reform In the Economically Crippled Continent In Liberty for Latin America, Alvaro Vargas Llosa offers an incisive diagnosis of Latin America's woes--and a prescription for finally getting the region on the road to both genuine prosperity and the protection of human rights. When the economy in Argentina--at one time a model of free-market reform--collapsed in 2002, experts of all persuasions asked: What went wrong? Vargas Llosa shows that what went wrong in Argentina has in fact gone wrong all over the continent for over five hundred years. He explains how the republics of the nineteenth century and the revolutions of the twentieth-populist uprisings, Marxist coops, state takeovers, and First World-sponsored privatization-have all run up against the oligarchic legacy of statism. Illiberal elites backed by the United States and Europe have perpetuated what he calls the "five principles of oppression" in order to maintain their hold on power. The region has become "a laboratory for political and economic suicide," while comparable countries in Asia and Eastern Europe have prospered. The only way to change things in Latin America, Vargas Llosa argues, is to remove the five principles of oppression, genuinely reforming institutions and the underlying culture for the benefit of the disempowered public. In Liberty for Latin America, he explains how, offering hope as well as insight for all those who care for the future of this troubled region.
Business & Economics

GREED IS GOOD BIG IS BAD

GREED IS GOOD BIG IS BAD

Author: Michael Engmann

Publisher: Xlibris Corporation

ISBN: 9781499012811

Category: Business & Economics

Page: 176

View: 630

"As a true capitalist and believer in the greatness of America, I have been compelled to write this book. Our great country is being torpedoed by our politicians and our media. I couldn't stand by and say nothing
Political Science

Dilemmas of Domination

Dilemmas of Domination

Author: Walden Bello

Publisher: Metropolitan Books

ISBN: 9781466857643

Category: Political Science

Page: 272

View: 846

From the acclaimed globalization critic, a far-reaching analysis of America's military, economic, and political vulnerability The empire seems unassailable, but the empire is weak-and precisely because of its imperial ambitions. So argues Walden Bello's provocative new book, which systematically dissects the strategic, economic, and political dilemmas confronting America as a consequence of its quest for global domination. An award-winning development expert, Bello shows how despite the enormity of the U.S. defense budget, American forces are already overextended, a condition bound to intensify as each local "victory" breeds simmering resistance and new confrontation. He points to the empire's looming economic breakdown, the result of its gargantuan military costs, record-breaking deficits, and exploitative trade and investment relations with developing countries. On the political front, he warns of the bitter disillusionment mounting around the world in response to America's failure to champion liberal democracy. Everywhere America goes, crony capitalism, hostile coercion, and gross inequalities in income eat away at expectations of justice and inclusion. A clear and prophetic examination, Dilemmas of Domination reveals a not-too-distant future in which the empire's hidden weaknesses will yield fatal challenges to American supremacy.
Political Science

How Karl Marx Can Save American Capitalism

How Karl Marx Can Save American Capitalism

Author: Ronald W. Dworkin, MD

Publisher: Lexington Books

ISBN: 9781498509732

Category: Political Science

Page: 192

View: 555

A battle now rages in the U.S. between crony capitalism and capitalism, with the future of liberal democracy at stake. This book argues that capitalism can—and should—prevail, but to do so lawmakers must change direction and address core areas of instability in people’s private lives that Karl Marx’s ideas expose.
Business & Economics

Economic Growth, Inequality and Crony Capitalism

Economic Growth, Inequality and Crony Capitalism

Author: Danilo Rocha Limoeiro

Publisher: Routledge

ISBN: 9781000088601

Category: Business & Economics

Page: 208

View: 948

Researchers in international development have long argued that the high costs of doing business harms prosperity in developing countries, a claim that invites the question of why governments impose these costs and why societies fail to enact reforms reducing them. This book seeks to answer the question by looking at the case of Brazil, a large and highly unequal economy riddled with state-imposed transaction costs. By delving into the political dynamics underlying a costly business environment, this book provides the reader with novel insights into crony capitalism and inequality. It argues that the root cause of a costly business environment is the collusion between political actors, bureaucrats and business insiders. Politicians and bureaucrats relish their discretion over rules and policies as a power resource, since they can increase or decrease the costs of doing business faced by firms and sectors. Business insiders collude with government agents to access the loopholes that decrease the cost of doing business, thus gaining a competitive edge over outsiders. This gives the insiders weaker preferences for reforms that could decrease the overall cost of doing business. By pursuing their self-interest, these actors create a low-level equilibrium that perpetuates crony capitalism and inequality to the detriment of overall prosperity. The book makes its case with a sophisticated combination of formal modeling, quantitative analyses and in-depth case studies of tax policy and of the pharmaceutical and agricultural sectors in Brazil. Observers have declared the need for reforms that improve the business environment in developing countries for a long time. However, the findings presented in this book suggest they might have underestimated the challenge ahead. Scholars and policy-makers in international development, business politics and political economy will be interested in the innovative perspective of this book.
Political Science

And the Weak Suffer What They Must?

And the Weak Suffer What They Must?

Author: Yanis Varoufakis

Publisher: Hachette UK

ISBN: 9781568585055

Category: Political Science

Page: 368

View: 440

A #1 Sunday Times bestseller [UK] A titanic battle is being waged for Europe's integrity and soul, with the forces of reason and humanism losing out to growing irrationality, authoritarianism, and malice, promoting inequality and austerity. The whole world has a stake in a victory for rationality, liberty, democracy, and humanism. In January 2015, Yanis Varoufakis, an economics professor teaching in Austin, Texas, was elected to the Greek parliament with more votes than any other member of parliament. He was appointed finance minister and, in the whirlwind five months that followed, everything he had warned about-the perils of the euro's faulty design, the European Union's shortsighted austerity policies, financialized crony capitalism, American complicity and rising authoritarianism-was confirmed as the "troika" (the European Central Bank, International Monetary Fund, and European Commission) stonewalled his efforts to resolve Greece's economic crisis. Here, Varoufakis delivers a fresh look at the history of Europe's crisis and America's central role in it. He presents the ultimate case against austerity, proposing concrete policies for Europe that are necessary to address its crisis and avert contagion to America, China, and the rest of the world. With passionate, informative, and at times humorous prose, he warns that the implosion of an admittedly crisis-ridden and deeply irrational European monetary union should, and can, be avoided at all cost.
Political Science

Red and Blue and Broke All Over

Red and Blue and Broke All Over

Author: Charles Goyette

Publisher: Penguin

ISBN: 9781101561010

Category: Political Science

Page: 256

View: 841

New York Times bestselling author of The Dollar Meltdown. In his New York Times bestseller The Dollar Meltdown, Charles Goyette showed how increasing government debt is destroying the dollar and the wealth of the American people. But the problem goes much deeper: the country is heading for financial ruin because our leaders are ideologically bankrupt. The time has come for a dramatic solution. We need look no further than the Obama White House to find the culprits of America’s crippled prospects for recovery. They’ve forced the adoption of bailouts and unnecessary spending programs that do little but destroy wealth and drown the government in more debt and ever increasing red tape while engaging in undeclared wars at the expense of the people and their prosperity. But this isn’t just a Democratic problem. The Bush administration was no better, with its unending and bankrupting elective war and the largest bailout in our nation’s history. It’s time for a solution that goes beyond politics as usual from the same old Red or Blue. Goyette explains how the growth of federal power and its costly warfare and welfare spending are bankrupting America and strangling our prosperity. The incredible $1.2 trillion a year we spend on state security is leading us straight down the road to ruinous debt. Transfer payments and social spending are equally unsustainable financial time bombs. The time has come to release the stranglehold of excessive government spending and ineffective over-regulation and let the free economy function as it was originally intended. Career politicians continue to pointlessly argue without enacting real and effective change. No wonder a feeling of disenfranchisement is growing. Their destructive agenda needs to be exposed and stopped before it does us any more harm. Goyette reveals: How increasing government debt and inflationary manipulations will bring down the dollar, which is already in decline. How the longstanding practice of crony capitalism—the strong ties between bankers, corporate executives, and their buddies and former colleagues in high government posts—strangles our economy. Why we need to reign in overseas spending and end American interventionism, before we meet the same fate as The Roman Empire, Napoleon’s France, the Soviet Union, and every other empire in history. Why freedom works and why the state doesn’t. Left to flourish on their own, spontaneous, self-organizing systems can and will restore our prosperity. Red and Blue and Broke All Over couldn’t be timelier. In the face of the American government’s reckless spending, invasive social programs, unnecessary warmongering, and ill-advised, ineffective financial manipulation, it’s time to face the facts: we can’t continue along the same destructive path if we’re serious about turning our country around