Golden Rule: The Investment Theory of Party Competition and the Logic of Money-Driven Political Systems

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9780226243177: Golden Rule: The Investment Theory of Party Competition and the Logic of Money-Driven Political Systems

"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.

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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. 226 x 150 mm. 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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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. 226 x 150 mm. 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 2093528

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

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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 2335555

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Thomas Ferguson
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Descrizione libro Paperback. Condizione libro: New. Not Signed; 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. book. Codice libro della libreria ria9780226243177_rkm

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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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Descrizione libro Condizione libro: New. Depending on your location, this item may ship from the US or UK. Codice libro della libreria 97802262431770000000

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

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