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Introduction

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Abstract

Capitalism and democracy co-exist as the prevailing systems of governance the world over and they inevitably interact with each other and transform each other.

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Notes

  1. 1.

    Gabriel Almond, “Capitalism and Democracy,” PS: Political Science and Politics 24, no. 3 (September 1991): 467–474.

  2. 2.

    Modern democracy is based upon the elections of representatives. Direct democracy, as practiced in Greek city-states is of course much older, but it did not survive in any direct chain of events, a matter that I discuss in Chap. 3.

  3. 3.

    See Douglass C. North, Institutions, Institutional Change, and Economic Performance, Cambridge Series in the Political Economy of Institutions and Decisions (Cambridge: Cambridge University Press, 1990).

  4. 4.

    Almond, “Capitalism and Democracy,” 467.

  5. 5.

    Robert Dahl, On Democracy (New Haven: Yale University Press, 1998), 166. Copyright © 1998. Reprinted by permission of Yale University Press.

  6. 6.

    Canada is an interesting exception, where it has a number of chartering authorities by province, but apparently little or no competition among them.

  7. 7.

    Here I specifically refer to Peter Hall and David Soskice, whose work, particularly their Varieties of Capitalism (Oxford: Oxford University Press, 2000), I will discuss in more depth in Chap. 4.

  8. 8.

    Such historians include Fernand Braudel, to whom I refer in more detail in Chaps. 2 and 5.

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Correspondence to Bruce R. Scott .

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© 2012 Bruce R. Scott

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Scott, B.R. (2012). Introduction. In: Capitalism. Springer, New York, NY. https://doi.org/10.1007/978-1-4614-1879-5_1

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  • DOI: https://doi.org/10.1007/978-1-4614-1879-5_1

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