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Although most Arab countries remain authoritarian, many have undergone a restructuring of state-society relations in which lower- and middle-class interest groups have lost ground while big business has benefited in terms of its integration into policy-making and the opening of economic sectors that used to be state-dominated. Arab businesses have also started taking on aspects of public service provision in health, media and education that used to be the domain of the state; they have also become increasingly active in philanthropy. The ‘Arab Spring,’ which is likely to lead to a more pluralistic political order, makes it all the more important to understand business interests in the Middle East, a segment of society that on the one hand has often been close to the ancien regime, but on the other will play a pivotal role in a future social contract. Among the topics addressed by the authors are the role of business in recent regime change; the political outlook of businessmen; the consequences of economic liberalisation on the composition of business elites in the Middle East; the role of the private sector in orienting government policies; lobbying of government by business interests and the mechanisms by which governments seek to keep businesses dependent on them.
"The years since the financial crisis have been marked by a remarkable stability in national government which hides the impact of a new kind of issue based politics which has arisen with parties such as Podemos in Spain, Srizia in Greece, The National Front in France and UKiP in the UK, all of whom have had a significant influence in shaping the political agenda in their own countries even if they have not actually secured formal power. This is the first book to present a rigorous yet accessible analysis of this phenomenon, grounded in the theories and methods of quantitative political science but drawing on empirical insights and theory from political psychology and sociology as well to try to understand the similarities and differences in the circumstances that have lead to these parties springing up and shaping political discourse and even policy to an extent that has challenged the very existence of the traditional party system"--
This title is part of UC Press's Voices Revived program, which commemorates University of California Press’s mission to seek out and cultivate the brightest minds and give them voice, reach, and impact. Drawing on a backlist dating to 1893, Voices Revived makes high-quality, peer-reviewed scholarship accessible once again using print-on-demand technology. This title was originally published in 1974.
This biography of Mayer Matalon, an influential Jewish Jamaican, traces his path from humble origins to innovator, public servant, political insider, and leader of his family’s conglomerate, from the 1940s to the end of the twentieth century. Mayer Matalon was not born into the Jewish-Jamaican elite who traced their ancestry in Jamaica back hundreds of years and who were successful entrepreneurs, prominent intellectuals, and politicians. Mayer Matalon’s father, Joseph, was one a handful of Jews who came to Jamaica in the wave of turn-of-the-century Levantine emigration, and his mother, Florizel Madge Matalon, was a young, beautiful, poor Jewish-Jamaican girl. A failed businessman, Joseph’s legacy was eleven children who created their own legacy in Jamaican business and politics. The Matalon siblings built a conglomerate, venturing into businesses and experimenting with business models that had never been tried in Jamaica, enjoying success for the first twenty years, struggling to retain viability for the next twenty years, and fighting to keep the family together throughout. Matalon rose to wealth and prominence through his talent for numbers, his innovative ideas, and his extraordinary emotional intelligence. He was one of Prime Minister Michael Manley’s closest confidantes, in and out of power, and he advised every Jamaican premier and prime minister from Norman Manley to Bruce Golding, with only one exception. That one exception resulted in a sidelining that had a blowback that set Jamaica back decades and that sealed his family’s business’s fate. This is a story of race, class, and power in postcolonial Jamaica. Through the lens of Mayer Matalon’s life, the book outlines Jamaica’s political and economic trajectory over the sixty years before and after independence. This biography peels back the surface layers of the many citations and public accolades, and goes beyond the often uninformed speculation on the Matalons’ beginnings, revealing in rich detail the unusual life of an extraordinary Jamaican.
Read the Intro Chapter (PDF) View the Ayn Rand Appendix View an interview with author Robert L. Bradley, Jr. at Reason.com Capitalism took the blame for Enron although the company was anything but a free-market enterprise, and company architect was hardly a principled capitalist. On the contrary, Enron was a politically dependent company and, in the end, a grotesque outcome of America's mixed economy. That is the central finding of Robert L. Bradley's "Capitalism at Work": The blame for Enron rests squarely with "political capitalism"--a system in which business firms routinely obtain government intervention to further their own interests at the expense of consumers, taxpayers, and competitors. Although Ken Lay professed allegiance to free markets, he was in fact a consumate politician. Only by manipulating the levers of government was he able to transform Enron from a $3 billion natural gas company to a $100 billion chimera, one that went in a matter of months from seventh place on Fortune's 500 list to bankruptcy. But "Capitalism at Work" goes beyond unmasking Enron's sophisticated foray into political capitalism. Employing the timeless insights of Adam Smith, Samuel Smiles, and Ayn Rand, among others, Bradley shows how fashionable anti-capitalist doctrines set the stage for the ultimate business debacle. Those errant theories, like Enron itself, elevated form over substance, ignored legitimate criticism, and bypassed midcourse correction. Political capitali
Why does corporate governance--front page news with the collapse of Enron, WorldCom, and Parmalat--vary so dramatically around the world? This book explains how politics shapes corporate governance--how managers, shareholders, and workers jockey for advantage in setting the rules by which companies are run, and for whom they are run. It combines a clear theoretical model on this political interaction, with statistical evidence from thirty-nine countries of Europe, Asia, Africa, and North and South America and detailed narratives of country cases. This book differs sharply from most treatments by explaining differences in minority shareholder protections and ownership concentration among countries in terms of the interaction of economic preferences and political institutions. It explores in particular the crucial role of pension plans and financial intermediaries in shaping political preferences for different rules of corporate governance. The countries examined sort into two distinct groups: diffuse shareholding by external investors who pick a board that monitors the managers, and concentrated blockholding by insiders who monitor managers directly. Examining the political coalitions that form among or across management, owners, and workers, the authors find that certain coalitions encourage policies that promote diffuse shareholding, while other coalitions yield blockholding-oriented policies. Political institutions influence the probability of one coalition defeating another.
Businesses have developed an increasingly sophisticated appreciation of the policy process, as well as an ability to develop complex strategies to influence it, over the last 30 years. This volume reviews current debates on the role of business in politics and it assesses emerging methodological approaches to its study.
Jetzt neu als Broschurausgabe! Ebenso wie Machiavelli in seinem Werk "Der Fürst" einen Verhaltenskodex für politische Führer beschrieben hat, erläutert McAlpine das Verhältnis zwischen dem modernen Geschäftsführer und seinen Angestellten und Aktionären. Kapitel für Kapitel werden die stets gleichbleibenden Kernaspekte von Politik und Wirtschaft beleuchtet - von der Schmeichelei über Loyalität, von der Schläue über Steuerung, von der Unternehmensgründung über den Aufbau eines Firmenimages. Das Ergebnis ist eine unterhaltsame Lektüre über das Wesen von Politik und Macht in einer Welt des Mißtrauens und Neids, der strategischen Allianzen und rücksichtsloser Desinformation. (10/99)
Brookings fellow Sadowski assigns blame for the failure of nearly 20 years of Western aid to improve the agriculture industry in Egypt. Development officials, he says, do not understand Egypt's political and social forces, so have contributed to entrenching capitalists Annotation copyrighted by Book News, Inc., Portland, OR
Businesspeople run for office to protect their firms' interests against competitors and shape government to work for the business community.