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Monopolistic competition, auction and authorization: a Schumpeterian view of leadership and the political market

Monopolistische Konkurrenz, Auktion und Autorisierung: eine Schumpetersche Analyse
[Zeitschriftenartikel]

Körösényi, András

Zitationshinweis

Bitte beziehen Sie sich beim Zitieren dieses Dokumentes immer auf folgenden Persistent Identifier (PID):http://nbn-resolving.de/urn:nbn:de:0168-ssoar-373559

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Abstract "The market analogy of democracy played a central role in one of the leading versions of democratic theory in the last fifty years, in the so-called 'elite' or 'competitive' theory of democracy. In the present paper, 1 first clarify that the dominant school of the market analogy (Downs and his followers) turned its back on the approach of the originator of the analogy, Joseph Schumpeter. Schumpeter argued that both economic and political competition - due to the activity of entrepreneurs - are necessarily monopolistic and destroy equilibrium. Second, I show how followers of the Schumpeterian market analogy improved upon it by using the concept of natural monopolies and making it conform to the characteristics of politics, while further distancing themselves from Downsian interpretation and the dominant Public Choice approach. Finally, I demonstrate a normative implication of monopolistic competition, namely its consequences for the concept of 'agency loss'." (author's abstract)
Thesaurusschlagwörter elite; elite research; economic elite; economic theory; Schumpeter, J.; democracy; theory; theory of society; historical development; competition; political elite; politician; market; monopoly; research approach; comparative political science
Klassifikation politische Willensbildung, politische Soziologie, politische Kultur; Allgemeines, spezielle Theorien und "Schulen", Methoden, Entwicklung und Geschichte der Wirtschaftswissenschaften
Methode Grundlagenforschung; Theoriebildung
Sprache Dokument Englisch
Publikationsjahr 2012
Seitenangabe S. 57-72
Zeitschriftentitel Historical Social Research, 37 (2012) 1
Heftthema Elite foundations of social theory and politics / Elitetheoretische Grundlagen sozialwissenschaftlicher Theoriebildung und politischer Analyse
ISSN 0172-6404
Status Veröffentlichungsversion; begutachtet (peer reviewed)
Lizenz Creative Commons - Namensnennung, Nicht kommerz., Keine Bearbeitung
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