The social roots of prosperity and liberty

Berger, Brigitte

doi:10.1007/bf02686135

Cited by 4 publications

(2 citation statements)

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“…And it exhibits 'the core features of any social order based on the principles of individual liberty, political democracy, and a market economy'. 14 The evolution of the free market system as well as the development of capitalism itself can be better conceptualized through examining the dynamics emanating from the family structure because it provides 'the rock-bottom foundation for the development of corresponding macro-level economic and political institutions within that society', and such dynamics are crucial to understanding the 'cultural potentials for future economic and political development to occur'. 15 Unfortunately, this cultural background behind modern capitalism has been ignored at the current stage of globalization, where the market is seen as being universal and irrelevant to cultural speci cities.…”

Section: The Free Market and Culturementioning

confidence: 99%

The market–democracy conundrum

Li¹

2001

J. Polit. Ideol.

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The objective of this article is to characterize and problematize the post-Cold War ideological triumphalism of the free market and liberal democracy. Through a historical-cultural-political approach to studying the concepts and inherent logic of the free market and liberal democracy and their interactions, this article claims that such an ideological paradigm cannot serve as a universal political-economic system for nation-states, nor can it be promoted to become a general principle or guideline in international relations. Furthermore, the ideology may fail to function in most developing countries, and in the long run it may decline in the established industrial democracies due to the challenges and contradictions brought about by the free market forces. The conclusion maintains that liberal democracy will eventually be market-driven, and the magic 'invisible hand' of the free market may rule every aspect of human life and may hence marketize every right of each individual human being.

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Section: The Free Market and Culturementioning

confidence: 99%

The market–democracy conundrum

Li¹

2001

J. Polit. Ideol.

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“…The free market is not the outcome of a neutral and value-free genesis. Rather, it has historical roots embedded with and shaped by particular cultural and religious norms and values that in return promote particular ideologies, preferences, values as well as unique forms of human interactions and social relations (Bowles, 1991;Berger, 1998).…”

Section: Understanding the Marketmentioning

confidence: 99%

Understanding Capitalism: Crises and Passive Revolutions

Hersh

2002

Competition & Change

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This article has two objectives: First, it attempts to provide a framework for understanding capitalism's resilient adaptability through analysing the roles of liberal democracy and ecological environmentalism. Both are conceptualised as capitalism's passive revolutions in response to emerging crises -processes of constituting and reconstituting conditions for production and reproduction. Liberal democracy is seen as a political restructuring strategy aimed at producing social control with less coercive measures as well as depolitising social contradictions and economic crises. Ecological environmentalism is argued to be capitalism's ecological restructuring attempt at the economic level in order to rescue an economic system at an impasse and to resolve the contradictions between production relations=forces and the externalities of production.Second, the article aims to conduct a critical analysis of what are considered to be passive revolutions taking place within capitalism in order to uncover their hidden mystifications, contradictions and distortions in the promotion of certain policies, practices, values, cognitions and symbols which are considered to be supportive of the existing capitalist political and economic system. The working assumption is that, due to capitalism's modus operandi which is primarily based on capital accumulation, democratic principles and environmental concerns will eventually have to submit to this inherent imperative.

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The market‐democracy conundrum

Li¹

2001

Journal of Political Ideologies

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The social roots of prosperity and liberty

Cited by 4 publications

References 1 publication

The market–democracy conundrum

The market–democracy conundrum

Understanding Capitalism: Crises and Passive Revolutions

The market‐democracy conundrum

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