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The Divine Right Of Capital In Australia Today: Corporations, Community Interests, The Body Politic And The Natural Environment
Economy, Social Justice

The Divine Right Of Capital In Australia Today: Corporations, Community Interests, The Body Politic And The Natural Environment

There is a long and distinguished list of academic contributors to a large body of literature which addresses the question—what makes capitalist democracies work better/best/optimally? Some of the preconditions established in that literature are: that taxes/subsidies address externalities (1); that property rights are respected, contracts are well understood and cheaply, honestly and easily enforced; and that ‘stewards’ (for example, elected... Read More

by , 5 years ago