Democracy Markets And The Commons

How can we overcome the existing political, economic, and ecological crises that humanity faces? With the notion of the commons, Lukas Peter argues that this form of social organization can provide answers to the shortcomings of centralized states and open and competitive markets. By building on and going beyond the work of Elinor and Vincent Ostrom, he develops an ecological understanding of the commons and human freedom, more generally, thereby reinterpreting classical thinkers such as John Locke and John Rawls. Importantly, he does not suggest an end to property, states or markets, but rather a radical democratization thereof, ultimately providing a real alternative for the 21st century.

Revolutionary ideas on how to use markets to achieve fairness and prosperity for all Many blame today's economic inequality, stagnation, and political instability on the free market. The solution is to rein in the market, right? Radical Markets turns this thinking on its head. With a new foreword by Ethereum creator Vitalik Buterin and virtual reality pioneer Jaron Lanier as well as a new afterword by Eric Posner and Glen Weyl, this provocative book reveals bold new ways to organize markets for the good of everyone. It shows how the emancipatory force of genuinely open, free, and competitive markets can reawaken the dormant nineteenth-century spirit of liberal reform and lead to greater equality, prosperity, and cooperation. Only by radically expanding the scope of markets can we reduce inequality, restore robust economic growth, and resolve political conflicts. But to do that, we must replace our most sacred institutions with truly free and open competition—Radical Markets shows how.

Tackles one of the most enduring and contentious issues of positive political economy: common pool resource management.

Representing the whole spectrum of Lindblom's thought from advocate of incrementalism to critic of certain social institutions, this collection of his papers--many previously unpublished--covers such topics as "Democracy and Economic Structure," "The Rediscovery of the Market," "American Politics since 1970," "Bargaining: The Hidden Hand in Government," and "Integration of Economics and the Other Social Sciences through Policy Analysis."

At the dawn of the twenty-first century, three ideas dominate the world: peace as the preferred basis for relations between and among different countries, democracy as the optimal way to organize political life, and free markets as the indispensable vehicle for the creation of wealth. While not practiced everywhere, these ideas have--for the first time in history--no serious rivals. And although the terrorist attacks of September 11, 2001, were terrible and traumatic, they did not "change everything," as so many commentators have asserted. Instead, these events served to illuminate even more brightly the world that emerged from the end of the Cold War. In The Ideas That Conquered the World, Michael Mandelbaum describes the uneven spread (over the past two centuries) of peace, democracy, and free markets from the wealthy and powerful countries of the world's core, where they originated, to the weaker and poorer countries of its periphery. And he assesses the prospects for these ideas in the years to come, giving particular attention to the United States, which bears the greatest responsibility for protecting and promoting them, and to Russia, China, and the Middle East, in which they are not well established and where their fate will affect the rest of the world. Drawing on history, politics, and economics, this incisive book provides a clear and original guide to the main trends of the twenty-first century, from globalization to terrorism, through the perspective of one of our era's most provocative thinkers.

This timely book reveals that the budget deficits and accumulating debts that plague modern democracies reflect a clash between two rationalities of governance: one of private property and one of common property. The clashing of these rationalities at various places in society creates forms of societal tectonics that play out through budgeting. The book demonstrates that while this clash is an inherent feature of democratic political economy, it can nonetheless be limited through embracing once again a constitution of liberty. Not all commons settings have tragic outcomes, of course, but tragic outcomes loom large in democratic processes because they entail conflict between two very different forms of substantive rationality; the political and market rationalities. These are both orders that contain interactions among participants, but the institutional frameworks that govern those interactions differ, generating democratic budgetary tragedies. Those tragedies, moreover, are inherent in the conflict between the different rationalities and so cannot be eliminated. They can, as this book argues, be reduced by restoring a constitution of liberty in place of the constitution of control that has taken shape throughout the west over the past century. Economists interested in public finance, public policy and political economy along with scholars of political science, public administration, law and political philosophy will find this book intriguing.

A provocative argument that environmental thinking would be better off if it dropped the concept of “nature” altogether and spoke instead of the built environment. Environmentalism, in theory and practice, is concerned with protecting nature. But if we have now reached “the end of nature,” as Bill McKibben and other environmental thinkers have declared, what is there left to protect? In Thinking like a Mall, Steven Vogel argues that environmental thinking would be better off if it dropped the concept of “nature” altogether and spoke instead of the “environment”—that is, the world that actually surrounds us, which is always a built world, the only one that we inhabit. We need to think not so much like a mountain (as Aldo Leopold urged) as like a mall. Shopping malls, too, are part of the environment and deserve as much serious consideration from environmental thinkers as do mountains. Vogel argues provocatively that environmental philosophy, in its ethics, should no longer draw a distinction between the natural and the artificial and, in its politics, should abandon the idea that something beyond human practices (such as “nature”) can serve as a standard determining what those practices ought to be. The appeal to nature distinct from the built environment, he contends, may be not merely unhelpful to environmental thinking but in itself harmful to that thinking. The question for environmental philosophy is not “how can we save nature?” but rather “what environment should we inhabit, and what practices should we engage in to help build it?”

We are poised between an old world that no longer works and a new one struggling to be born. Surrounded by centralized hierarchies on the one hand and predatory markets on the other, people around the world are searching for alternatives. The Wealth of the Commons explains how millions of commoners have organized to defend their forests and fisheries, reinvent local food systems, organize productive online communities, reclaim public spaces, improve environmental stewardship and re-imagine the very meaning of "progress" and governance. In short, how they've built their commons. In 73 timely essays by a remarkable international roster of activists, academics and project leaders, this book chronicles ongoing struggles against the private com­moditization of shared resources - often known as market enclosures - while docu­menting the immense generative power of the commons. The Wealth of the Commons is about history, political change, public policy and cultural transformation on a global scale - but most of all, it's about individual commoners taking charge of their lives and their endangered resources. "This fine collection makes clear that the idea of the Commons is fully international, and increasingly fully worked-out. If you find yourself wondering what Occupy wants, or if some other world is possible, this pragmatic, down-to-earth, and unsentimental book will provide many of the answers." - Bill McKibben, author of Deep Economy: The Wealth of Communities and The Durable Future

Analyses the ways markets and democracy have diffused around the world through interdependent decision-making.