Golden Rule: The Investment Theory of Party Competition and the Logic of Money-Driven Political Systems (American Politics and Political Economy Series)

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9780226243177: Golden Rule: The Investment Theory of Party Competition and the Logic of Money-Driven Political Systems (American Politics and Political Economy Series)

"To discover who rules, follow the gold." This is the argument of Golden Rule, a provocative, pungent history of modern American politics. Although the role big money plays in defining political outcomes has long been obvious to ordinary Americans, most pundits and scholars have virtually dismissed this assumption. Even in light of skyrocketing campaign costs, the belief that major financial interests primarily determine who parties nominate and where they stand on the issues—that, in effect, Democrats and Republicans are merely the left and right wings of the "Property Party"—has been ignored by most political scientists. Offering evidence ranging from the nineteenth century to the 1994 mid-term elections, Golden Rule shows that voters are "right on the money."

Thomas Ferguson breaks completely with traditional voter centered accounts of party politics. In its place he outlines an "investment approach," in which powerful investors, not unorganized voters, dominate campaigns and elections. Because businesses "invest" in political parties and their candidates, changes in industrial structures—between large firms and sectors—can alter the agenda of party politics and the shape of public policy.

Golden Rule presents revised versions of widely read essays in which Ferguson advanced and tested his theory, including his seminal study of the role played by capital intensive multinationals and international financiers in the New Deal. The chapter "Studies in Money Driven Politics" brings this aspect of American politics into better focus, along with other studies of Federal Reserve policy making and campaign finance in the 1936 election. Ferguson analyzes how a changing world economy and other social developments broke up the New Deal system in our own time, through careful studies of the 1988 and 1992 elections. The essay on 1992 contains an extended analysis of the emergence of the Clinton coalition and Ross Perot's dramatic independent insurgency. A postscript on the 1994 elections demonstrates the controlling impact of money on several key campaigns.

This controversial work by a theorist of money and politics in the U.S. relates to issues in campaign finance reform, PACs, policymaking, public financing, and how today's elections work.

Le informazioni nella sezione "Riassunto" possono far riferimento a edizioni diverse di questo titolo.

About the Author:

THOMAS FERGUSON is Dean of Bexley Hall, within the Bexley Hall Seabury Western Theological Federation. A scholar and practitioner, he holds a Ph.D. from the Graduate Theological Union in Berkeley and has served congregations in Connecticut and Rhode Island. He has also served as The Episcopal Church s officer for ecumenical and interreligious relations. Tom and his wife, the Rev. Shannon Kelly, live in Columbus, Ohio, with their son. Follow his blog at crustyoldean.blogspot.com.

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Thomas Ferguson
Editore: The University of Chicago Press, United States (1995)
ISBN 10: 0226243176 ISBN 13: 9780226243177
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Descrizione libro The University of Chicago Press, United States, 1995. Paperback. Condizione libro: New. 2nd. Language: English . Brand New Book. To discover who rules, follow the gold. This is the argument of this book, a history of modern American politics. Although the role big money plays in defining political outcomes has long been obvious to ordinary Americans, most pundits and scholars have virtually dismissed this assumption. Even in the light of sky-rocketing campaign costs, the belief that major financial interests primarily determine who parties nominate and where they stand on the issues - that, in effect, Democrats and Republicans are merely the left and right wings of the Property Party - has been ignored by most political scientists. Offering evidence ranging from the 19th century to the 1994 mid-term elections, this book shows that voters are right on the money. Thomas Ferguson breaks completely with traditional voter-centred accounts of party politics. In its place he outlines an investment approach, in which powerful investors, not unorganized voters, dominate campaigns and elections. Because businesses invest in political parties and their candidates, changes in industrial structures - between large firms and sectors - can alter the agenda of party politics and the shape of public policy.This book presents revised versions of essays in which Ferguson advanced and tested his theory, including his study of the role played by capital intensive multinationals and international financiers in the New Deal. The chapter, Studies in Money Driven Politics , brings this aspect of American politics into better focus, along with other studies of Federal Reserve policy-making and campaign finance in the 1936 election. Ferguson analyzes how a changing world economy and other social developments broke up the New Deal system in our own time, through careful studies of the 1988 and 1992 elections. The essay on 1992 contains an extended analysis of the emergence of the Clinton coalition and Ross Perot s dramatic independent insurgency. A postscript on the 1994 elections demonstrates the controlling impact of money on several key campaigns. Codice libro della libreria AAZ9780226243177

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Descrizione libro University of Chicago Press 1995-07-05, 1995. paperback. Condizione libro: New. Codice libro della libreria 9780226243177

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Thomas Ferguson
Editore: The University of Chicago Press, United States (1995)
ISBN 10: 0226243176 ISBN 13: 9780226243177
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Descrizione libro The University of Chicago Press, United States, 1995. Paperback. Condizione libro: New. 2nd ed.. Language: English . Brand New Book. To discover who rules, follow the gold. This is the argument of this book, a history of modern American politics. Although the role big money plays in defining political outcomes has long been obvious to ordinary Americans, most pundits and scholars have virtually dismissed this assumption. Even in the light of sky-rocketing campaign costs, the belief that major financial interests primarily determine who parties nominate and where they stand on the issues - that, in effect, Democrats and Republicans are merely the left and right wings of the Property Party - has been ignored by most political scientists. Offering evidence ranging from the 19th century to the 1994 mid-term elections, this book shows that voters are right on the money. Thomas Ferguson breaks completely with traditional voter-centred accounts of party politics. In its place he outlines an investment approach, in which powerful investors, not unorganized voters, dominate campaigns and elections. Because businesses invest in political parties and their candidates, changes in industrial structures - between large firms and sectors - can alter the agenda of party politics and the shape of public policy. This book presents revised versions of essays in which Ferguson advanced and tested his theory, including his study of the role played by capital intensive multinationals and international financiers in the New Deal. The chapter, Studies in Money Driven Politics , brings this aspect of American politics into better focus, along with other studies of Federal Reserve policy-making and campaign finance in the 1936 election. Ferguson analyzes how a changing world economy and other social developments broke up the New Deal system in our own time, through careful studies of the 1988 and 1992 elections. The essay on 1992 contains an extended analysis of the emergence of the Clinton coalition and Ross Perot s dramatic independent insurgency. A postscript on the 1994 elections demonstrates the controlling impact of money on several key campaigns. Codice libro della libreria AAZ9780226243177

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Descrizione libro Univ of Chicago. Condizione libro: BRAND NEW. BRAND NEW Softcover A Brand New Quality Book from a Full-Time Bookshop in business since 1992!. Codice libro della libreria 2552403

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Descrizione libro 1995. PAP. Condizione libro: New. New Book. Shipped from US within 10 to 14 business days. Established seller since 2000. Codice libro della libreria TX-9780226243177

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Descrizione libro The University of Chicago Press. Paperback. Condizione libro: new. BRAND NEW, Golden Rule: Investment Theory of Party Competition and the Logic of Money-driven Political Systems (2nd), Thomas Ferguson, "To discover who rules, follow the gold." This is the argument of this book, a history of modern American politics. Although the role big money plays in defining political outcomes has long been obvious to ordinary Americans, most pundits and scholars have virtually dismissed this assumption. Even in the light of sky-rocketing campaign costs, the belief that major financial interests primarily determine who parties nominate and where they stand on the issues - that, in effect, Democrats and Republicans are merely the left and right wings of the "Property Party" - has been ignored by most political scientists. Offering evidence ranging from the 19th century to the 1994 mid-term elections, this book shows that voters are "right on the money." Thomas Ferguson breaks completely with traditional voter-centred accounts of party politics. In its place he outlines an "investment approach," in which powerful investors, not unorganized voters, dominate campaigns and elections. Because businesses "invest" in political parties and their candidates, changes in industrial structures - between large firms and sectors - can alter the agenda of party politics and the shape of public policy. This book presents revised versions of essays in which Ferguson advanced and tested his theory, including his study of the role played by capital intensive multinationals and international financiers in the New Deal. The chapter, "Studies in Money Driven Politics", brings this aspect of American politics into better focus, along with other studies of Federal Reserve policy-making and campaign finance in the 1936 election. Ferguson analyzes how a changing world economy and other social developments broke up the New Deal system in our own time, through careful studies of the 1988 and 1992 elections. The essay on 1992 contains an extended analysis of the emergence of the Clinton coalition and Ross Perot's dramatic independent insurgency. A postscript on the 1994 elections demonstrates the controlling impact of money on several key campaigns. Codice libro della libreria B9780226243177

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Descrizione libro University of Chicago Press, 1995. PAP. Condizione libro: New. New Book. Shipped from UK in 4 to 14 days. Established seller since 2000. Codice libro della libreria GB-9780226243177

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Editore: The University of Chicago Press (1995)
ISBN 10: 0226243176 ISBN 13: 9780226243177
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Descrizione libro The University of Chicago Press, 1995. Condizione libro: New. "To discover who rules, follow the gold." This is the argument of this book, a history of modern American politics. It presents revised versions of essays in which the author advanced and tested his theory. Num Pages: 441 pages, 10 line drawings, 7 tables. BIC Classification: JPA; JPL. Category: (P) Professional & Vocational; (UP) Postgraduate, Research & Scholarly; (UU) Undergraduate. Dimension: 151 x 228 x 26. Weight in Grams: 688. . 1995. 1st Edition. Paperback. . . . . . Codice libro della libreria V9780226243177

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Descrizione libro University of Chicago press. Condizione libro: New. Brand New. Codice libro della libreria 0226243176

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Descrizione libro University Of Chicago Press, 1995. Paperback. Condizione libro: New. Codice libro della libreria INGM9780226243177

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