EconPapers    
Economics at your fingertips  
 

Reforming Capitalist Democracies: Which Way?

Amit Bhaduri

Review of Political Economy, 2020, vol. 32, issue 4, 538-547

Abstract: The debate about how to reconcile political with economic democracy is translated within the framework of wage and profit-led growth in this article. The inherent tension between providing sufficient profit incentive to motivate investment by the capitalist class and maintaining electoral accountability to the economically less privileged majority is examined through an analysis of the effectiveness of policies to raise the social wage. This article shows how wider circumstances characterizing regimes as wage- or profit-led matter for reconciling a higher profit share with a higher social wage.

Date: 2020
References: Add references at CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
http://hdl.handle.net/10.1080/09538259.2020.1810878 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:revpoe:v:32:y:2020:i:4:p:538-547

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/CRPE20

DOI: 10.1080/09538259.2020.1810878

Access Statistics for this article

Review of Political Economy is currently edited by Steve Pressman and Louis-Philippe Rochon

More articles in Review of Political Economy from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().

 
Page updated 2021-03-04
Handle: RePEc:taf:revpoe:v:32:y:2020:i:4:p:538-547