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Full Description
Over the last hundred years the history of capitalism hardly supports the idea of a dynamic equilibrium between democracy and capitalism. The unprecedented triumph of global capitalism and its stronger power of transformation are changing the nature of political community and its institutions, transforming the conditions of democratic politics and governance. The writings collected in this volume present leading statements of theories of democracy and capitalism in Italy starting from Vilfredo Pareto who firstly focused on the transformation of democracy into a plutocracy in which vested interests use the government as a tool for their own profit, until Norberto Bobbio who expressed a strong defence of democracy and a deep critique of capitalism.
As Marx, Weber, and Schumpeter-from different perspectives-have pointed out capitalism rather then just an economic mode of organization, is a "mentality", a "social logic", a "form of living", that influences and reshapes political structures, and culture. The globalized economic order is challenging the foundations and political principles upon which liberal democracy is based. Global markets have unleashed economic forces that are becoming too powerful for democratic institutions to control. Even if the formal elements of democracy still survive, the "government by the people, for the people" is declining; elections, debates, parties, are evacuated, and bypassed by new, less accountable processes.
Contents
Chapter 1 IntroductionTheories of Democracy and Capitalism in Twentieth-Century Italy
Chapter 2 Chapter 1: The Transformation of Democracy and the Plutocratic Cycle
Chapter 3 Chapter 2: The Mystification of Capitalism
Chapter 4 Chapter 3: Economy of Competition and Historical Capitalism
Chapter 5 Chapter 4: The Revolution Against Capital and the Crisis of the Capitalist System
Chapter 6 Chapter 5: Liberal Socialism and Modern Capitalist Society
Chapter 7 Chapter 6: The Reform of Society in the European Perspective
Chapter 8 Chapter 7: Capital
Chapter 9 Chapter 8: The Autonomous Order of Economy
Chapter 10 Chapter 9: The Economic and Political Powers in the Capitalistic System
Chapter 11 Chapter 10: The Future of Democracy and Capitalism
Chapter 12 Chapter 11: The Capitalist Actors and Their Social Role
Chapter 13 Chapter 12: Toward a New Critique of Capitalism
Chapter 14 Chapter 13: Rethinking Democracy in the Age of Globalization
