When Marx Borrows from Smith: the ESOP in China

The employee stock ownership plan (ESOP), a capitalist practice, was borrowed for the purpose of rescuing and even consolidating socialist state-owned enterprises during the drive in China to reform ownership. More precisely, ESOP was implemented to bail out failing firms, raise funds, increase work motivation, reduce agency costs, and promote industrial democracy. The findings of a case study of three Chinese state-owned enterprises suggest that some short-term goals were basically achieved, but the accomplishment of the other long-term goals was somewhat problematic. Based on our initial findings, recommendations are put forward for future research and practice.     

Democracy and Deceit: Regulating Appearances of Corruption

While corruption has long been recognized as an appropriate object of regulation, concern with appearances of corruption is of recent origin, coinciding with declining trust in government in the mid- to late-1960s. The reasoning that would support regulations of appearances, however, remains flawed, as it depends upon a "public trust" model of public service that is incomplete and often misplaced when applied to political representatives. The justification for regulating appearances is unambiguous, however, from the perspective of democratic theory. Democratic institutions of representation depend upon the integrity of appearances, not simply because they are an indication of whether political representatives are upholding their public trust, but because they provide the means through which citizens can judge whether, in particular instances, their trust is warranted. Representatives, institutions, and ethics that fail to support public confidence in appearances disempower citizens by denying them the means for inclusion in public judgments. These failures amount to a corruption of democratic processes.     

Liberal moments and democracy’s durability: Comparing global outbreaks of democracy—1918, 1945, 1989

Conclusion Liberal Moments are constructed by ideational as well as more materials phenomena; by the crisis situations of war, the moments of peace that follow, and the liberal norms at play at each junsture. Understanding Liberal Moments is crucial to understanding the development of the international syaytem in the 20th century and the prospects for democracy or dictatorship across polities. These Moments have been times of heady enthusiasm, when the most liberal ambitions of key actors in the world community have been put forward. The patterns and extent of their unraveling are key indicators of the character of national politics thereafter. Daniel M. Green is an Assistant Professor in the Department of Political Science and International Relations at the University of Delaware. His writings have appeared inDemocratization, Governance, Humboldt Journal of Social Research, and theReview of African Political Economy. He is currently finishing a book on the politics of economic reform in Ghana and editing a volume entitledConstructivist Comparative Politics: Theoretical Issues and Case Studies.     

Books in review

He is an active Organization Development consultant, and has contributed some three hundred research pieces to several forums. His latest books are High Performance and Human Costs;and a reissued version of Men, Management, and Moralityin Transaction’s Classics in Social Science Series.     

Pubertal Effects on Adjustment in Girls: Moving from Demonstrating Effects to Identifying Pathways

The present investigation examines mediated pathways from pubertal development to changes in depressive affect and aggression. Participants were 100 white girls who were between the ages of 10 and 14 (M=12.13, SD=.80); girls were from well-educated, middle- to upper-middle class families, and attended private schools in a major northeastern urban area. Three aspects of pubertal development were examined: (a) estradiol categories tapping gonadal maturation; (b) dehydroepiandrosterone sulfate (DHEAS) levels indicating adrenal maturation; and (c) pubertal timing (early vs. other). Three potential mediators were also examined: emotional arousal, attention difficulties, and negative life events. Tests of mediated models indicated that early pubertal timing predicted higher emotional arousal which subsequently predicted increased depressive affect. Negative life events, and possibly attention difficulties, mediated the associations of both estradiol category and DHEAS with aggression. These findings highlight the potential for more intensive investigation of gonadal and adrenal processes in explaining affective changes at puberty.