Capitalism, Socialism, and Democracy Revisited

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Product details

  • ISBN 9780801847479
  • Weight: 227g
  • Dimensions: 152 x 229mm
  • Publication Date: 26 Nov 1993
  • Publisher: Johns Hopkins University Press
  • Publication City/Country: US
  • Product Form: Paperback
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Fifty years ago, Joseph Schumpeter published "Capitalism, Socialism, and Democracy", his classic study of the relationship between political democracy and alternative economic systems. Although Schumpeter's work continues to be widely read, many of its central conclusions have been called sharply into question by the developments of recent years. In this book, the editors bring together distinguished scholars of international stature to address the full range of questions involved in assessing the relationship between democracy and alternative economic systems. Among these questions are: does political democracy require a market economy, and/or private property, and/or limitations on the state's economic role? What specific aspects of capitalism and socialism are especially conducive or detrimental to democracy? Is there a viable "third way" between capitalism and socialism?
Larry Diamond is a senior fellow at the Hoover Institution and at the Freeman Spogli Institute for International Studies at Stanford University, where he also directs the Center on Democracy, Development, and the Rule of Law. Marc F. Plattner is vice president for research and studies at the National Endowment for Democracy, where he directs the International Forum for Democratic Studies. They serve as coeditors of the Journal of Democracy.