TOOLBOX for CAPITALISM AND DEMOCRACY

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TOOLBOX for CAPITALISM AND DEMOCRACY

• PART I INTRO
• Negative and Positive Liberty

• PART III Liberalism
• Transgression of dollars on rights
• Exchanges born of desperation
• Fuzzy right to survival
• Equality vs. Efficiency
• Pressure Effects
• Match Effects
• Mixed Economy
• Second Best Markets
• The THREE Efficiencies (Smithian, Keynsian,
  Schumpterarian)
• Homo sociologicus
• Consumer Sovereignty vs. Market Circularity
• Bounded Rationality
• Boundary Violations
• Regulated Competition
• Irreversibilities
• Exit vs. Voice

• PART IV Democratic Left
• Political Equality vs. Economic Liberty
• Economic Power ? Political Power
• Clash b/w Democratic and Property Rights
• Circularity in Politics
• The Economy produces people
• Homo republicanus
• Privileged Position of Business
• Self-regulating Egalitarian Order
• Self-Governing Enterprises
• Economic Democracy
• Democracy trumps Guardianship
• Principle of Affected Interests
• Strong Democracy preferred to Thin
• Free Spaces

PARTS V and VI THE POWER OF INSTITUTIONS

• Part V Political Institutions
• Pluralism (No one rules)
• Public Choice Theory
• Ruling Class Theory

• PART II Laissez-Faire
• Economic liberty protects political liberty
• Bilateral, voluntary exchange
• Many sellers, many buyers
• Externality
• Informed Choice
• Invisible Hand
• Indivisibility
• Homo economicus
• Rewards should reflect productivity
• Cash benefits, vouchers preferred
• Revealed Preferences
• Caveat Emptor

• Part VI Corporations
• Corporate Chartering
• Corporate Personhood
• Tyranny of the Bottom Line
• Milgram and Authority Relations
• Global Reach of Corporations

• Part VII Psychological Traits
• Maximizining vs, Satisicing
• Prospect Theory Endowment Effects
• Availability heuristic
• Hedonic Treadmill
• Adaptability
• Anomie, Status Seeking