Markets and Democracy

Know about the book -

Markets and Democracy is written by Samuel Bowles and published by Cambridge University Press. It's available with International Standard Book Number or ISBN identification 0521432235 (ISBN 10) and 9780521432238 (ISBN 13).

This book asks whether a modern, efficient economy can be rendered democratically accountable, and, if so, what strategic changes might be required to regulate the market- based interaction of economic agents. The contributors bring contemporary microeconomic theory to bear in an attempt to find a progressive replacement to traditional state socialism. Various approaches to the study of economic interaction are considered in an attempt to understand the relationship between power and efficiency in market economies.