Capitalism,Markets and Politics

The term ‘capitalism’ is no longer a relevant way in which to describe or to understand a modern economy. Ownership of capital is not the source of economic power that it once was. Business leaders of today do not own the factories and the machines, nor do they need to. Let us consider instead, markets. Not the markets for financial products that we see depicted on rows of flickering screens in Canary Wharf, but real markets. Market economies have proved to be chaotic, and imperfect and yet they are the most successful way we know to allocate goods and services. Through a process of experimentation, much failure and some success they evolve. Their development is necessarily uncertain, but that is also their greatest strength.     

The Tradition Industry: Hofstadter and Santayana on Politics,Culture and Capitalism

Richard Hofstadter’s provocative interpretation of what he called The American Political Tradition has long interested students and scholars. Often read as a response to the crisis times of the depression 1930s and interventionist 1940s, the book’s origins are actually rooted in deeper cultural changes in the United States. This paper argues that George Santayana’s earlier essay, “The Genteel Tradition in American Philosophy” (1911), anticipated several key aspects of Hofstadter’s argument and proved to more accurately foresee the ideological course of twentieth century American politics.     

David Hare's Fictional Politics

David Hare is Britain's leading political dramatist. His Gethsemane premiered in November 2008, amidst anticipation that the play would 'crucify' New Labour. Gethsemane is in fact one of a number of fictionalisations of New Labour produced since 1997. These works have generally held up the party under Tony Blair's leadership to unmitigated criticism. Gethsemane certainly took Blair's premiership to task. However, despite increasing popular cynicism about Westminster politicians, Hare also suggested that politics remains a potential means through which honourable ends might still be achieved. However, already primed by the prevailing hostility to New Labour encouraged by earlier fictionalisations, few of those who reviewed Gethsemane noted Hare's tentative message of hope.     

Class,Politics and the Progressive Dilemma

This article considers contemporary class inequalities and how they might shape a progressive politics in the UK. Drawing on findings from the BBC Class Survey, it outlines changes in the class structure, class mobility and class identities. It is argued that the class structure is increasingly polarised and fragmented, with a wealthy elite, a vulnerable precariat and fragmented middle and working classes in between. Declining upward social mobility is a source of anxiety for middle‐class and working‐class parents alike. Class identification, especially working‐class identification, has weakened over time, although class snobbery is far from dead. Class has changed and the class basis of politics is changing now too. A progressive politics is possible if the political parties of the centre‐left appeal to the majority of the electorate rather than one class, acknowledge common concerns and worries and appeal to shared hopes and dreams that straddle class boundaries.     

Democracy and Troubled Autonomy: Sectarian Politics and Civil Society in Japan

Civil society organizations (CSOs) exist in overlapping fields of influence, often within contentious relationships. Although the autonomy of a CSO is generally considered critical, currently available conceptualizations of civil society tend to focus on its relation to the state and minimize the role of political parties and social movement organizations. Drawing on the case study of the Women's Democratic Club (WDC), a women's organization in Japan established in the period immediately after World War II, this article examines the ways in which CSOs' embeddedness in their socio-political contexts problematizes organizational autonomy. As a non-partisan organization with democratic values, the WDC promoted egalitarianism and embraced heterogeneous membership within the organization. However, its embeddedness in the political left and its members’ divided and conflicting loyalties challenged its autonomy as an organization. This article seeks to contribute to the inclusion of non-governmental organizations in theoretical and empirical considerations of autonomy of civil society.     

论中国民族区域自治与民主政治建设——以广西民族区域自治为个案分析

民族区域自治属于民主政治范畴.世界上不同政体的国家有不同的民族治理模式,中国采用民族区域自治的办法解决民族问题,是由我国的历史发展、文化特点、民族关系和民族分布等国情决定的,也是符合各民族人民共同利益和发展要求的.本文从民族区域自治是民主政治建设的重要组成部分、民族区域自治制度对我国民主政治发展的贡献、广西民族区域自治的成功经验与启示这三个方面入手,阐述了民族区域自治与民主政治建设的关系.     

Understanding America's Hesitant Steps Toward Financial Capitalism: Politics, the Depression, and the Separation of Commercial and Investment Banking

Few would disagree that the Glass-Steagall Act of 1933 is thecontinental divide in American financial and banking history. Bydisallowing banks from getting involved in the investment bankingindustry, this Act imposed an institutional change that shaped howfinancial institutions conduct their business, even today in itsdecline. Conventional wisdom has it that the Act was enacted tocorrect the ``deficient'' financial system that existed during theperiod. In this paper we investigate whether this assertion can beempirically verified by analyzing the Senate vote on a predecessorof this Act (which included the clause separating commercialbanking from investment banking activities). Using multinomiallogits, we examine what may have motivated senators to vote for itspassage. The econometric evidence indicates that the Senate votewas significantly influenced by important interest groups(including national banks as well as manufacturing sectorinterests), despite the large populist outcry for financial marketreforms at the onset of the Depression.     

Green Politics and the New Class: Selfishness or Virtue?

The predominantly new middle-class social composition of the green movement has become a matter of increasing interest in the wake of the success of green parties and the growth of an international green movement. This paper considers the concept of the 'new class' in relation to two explanations for the social composition of the green movement. The class-interest argument seeks to show that green politics is a means of furthering either middle-class or new-class interests while the 'new childhood' argument claims that the development of the green movement is the result of the spread of post-material values, the main bearers of which are the new class. Against these arguments a more comprehensive explanation is presented, which focuses on the education of the new class and its relative structural autonomy from the production process.     

Conservative Party Modernisation and David Cameron's Politics of the Family

A key feature of David Cameron's electoral appeal is his carefully cultivated image as a ‘family man’. Cameron has repeatedly stressed the importance of the family to his political views and stated his desire to see marriage rewarded through the tax system. At the same time, Cameron has presented himself as a modernising leader, keen to demonstrate that he and his party are in touch with contemporary society. Central to this effort to detoxify the Conservative brand has been an emphasis on social liberalism. The potential conflict between these two objectives reflects the division in the party between social liberals and traditionalists, which has become increasingly apparent over the past decade. This article examines Conservative party policy and rhetoric on social and moral issues since 1997, particularly gay rights and family policy. It notes that a significant divide remains in the Conservative party between social liberals and traditionalists, so in this respect Cameron's modernisation project remains far from complete.