Abstract
In this chapter I defend a view on governance which is predicated on a set of pragmatist norms of coexistence between politics and markets. I explore critical debates on the links between production, distribution and governance, and subsequently assess these against the normative criteria derived from liberal and republican political theory. Examining the relative merits of liberal and republican approaches with regard to relations between politics and markets, I suggest that from the neo-republican perspective I endorse, it is possible to develop demanding criteria of political morality, while at the same time promoting pragmatist norms of governance. In the final section I endeavour to draw some conclusions about the role of a ‘new pragmatism’ in regulating change in the politico-economic division of labour.
This is a preview of subscription content, log in via an institution.
Buying options
Tax calculation will be finalised at checkout
Purchases are for personal use only
Learn about institutional subscriptionsPreview
Unable to display preview. Download preview PDF.
References
Alesina, A., & Giavazzi, F. (2006). The future of Europe: Reform or decline. Cambridge, MA: MIT Press.
Apel, K. O. (2000). Globalization and the need for universal ethics. European Journal of Social Theory, 3 (2), 137–155.
Bellamy, R. (2007). Political constitutionalism: A republican defense of the constitutionality of democracy. Cambridge: Cambridge University Press.
Coates, D. (2000). Models of capitalism: Growth and stagnation in the modern era. Cambridge: Polity Press.
Day, D. (2008). Conquest: How societies overwhelm others. Oxford: Oxford University Press.
Deudney, D. H. (2007). Bounding power: Republican security theory from the polis to the global village. Princeton: Princeton University Press.
Devlin, P. (1968). The enforcement of morals. Oxford: Oxford University Press.
Fukuyama, F. (2004). State building: Governance and world order in the twenty-first century. London: Profile Books.
Grimm, D. (1985). Norm(en). In: D. Nohlen & R. O. Schultze (Eds), Politikwissenschaft: Theorien-Methoden-Begriffe (pp. 607–609). Munich: Piper Verlag.
van Gunsteren, H. (1996). A theory of citizenship: Organizing plurality in contemporary democracies. Boulder, CO: Westview Press.
Hart, S. L. (2007). Capitalism at the crossroads: Aligning business, earth, and humanity. Foreword by Al Gore. Philadelphia: Wharton School Publishing.
Henecka, H. P. (1985). Grundkurs Soziologie. Opladen: UTB.
Ish-Shalom, P. (2008). The civilization of clashes: Misapplying the democratic peace in the Middle East. In: R. Jervis & L. Kando (Eds), The future of US foreign policy (pp. 56–77). New York: The Academy of Political Science.
Jones, S. G. (2008). The rise of a European defense. In: R. Jervis & L. Kando (Eds), The future of US foreign policy (pp. 85–99). New York: The Academy of Political Science.
Kagan, R. (2002). The US–Europe divide. The Washington Post, Sunday, 26 May.
Kindleberger, C. P. (1989). Manias, panics, and crashes: A history of financial crises (revised edition). New York: Basic Books.
Kolakowski, L. (1978). Main currents of Marxism, vol. 1: The founders. Oxford: Oxford University Press.
Kriesi, H. (1998). The transformation of cleavage politics. European Journal of Political Research, 33 (2), 165–185.
Lavdas, K. A. (1996). The political economy of privatization in southern Europe. In: D. Braddon & D. Foster (Eds), Privatization: Social science perspectives (pp. 101–130). Aldershot: Dartmouth.
Lavdas, K. A. (2008). ‘One great Republic’? Republican revival and civic polyculturalism in Europe's emerging polity. The Fletcher School of Law and Diplomacy, Tufts University: Karamanlis Working Papers in Hellenic and European Studies, 2.
Lavdas, K. A., & Chryssochoou, D. N. (2006). Public spheres and civic competence in the European polity: A case of liberal republicanism? In: I. Honohan & J. Jennings (Eds), Republicanism in theory and practice (pp 154–171). London: Routledge.
Lewin, L. (2007). Democratic accountability: Why choice in politics is both possible and necessary. Cambridge, MA: Harvard University Press.
Lindberg, T. (Ed.) (2004). Beyond paradise and power: Europe, America, and the future of a troubled partnership. London and New York: Routledge.
Litwak, R. S. (2007). Regime change: US strategy through the prism of 9/11. Baltimore, MD: Johns Hopkins University Press.
Mansfield, H. C., Jr. (1985). Introduction. In: N. Machiavelli, The Prince (A New Translation with an Introduction by H. C. Mansfield, Jr) (pp vii–xxv). Chicago: The University of Chicago Press.
Mendrinou, M. (1996). Non-compliance and the European Commission's role in integration. Journal of European Public Policy, 3(1), 1–22.
Noll, R. G., & Weingast, B. R. (1991). Rational actor theory, social norms, and policy implementation: Applications to administrative processes and bureaucratic culture. In: K. R. Monroe (Ed.), The economic approach to politics: A critical reassessment of the theory of rational action (67–90). New York: Harper Collins.
Onuf, N. G. (1998). The republican legacy in international thought. Cambridge: Cambridge University Press.
Pettit, P. (1997). Republicanism: A theory of freedom and government. Oxford: Clarendon Press.
Plant, R. (2002). Social democracy. In: A. Carter & G. Stokes (Eds), Democratic theory today (pp. 249–268). Cambridge: Polity Press.
Rorty, R. (1987). Pragmatism and philosophy. In: K. Baynes After philosophy: End or transformation? (pp. 26–66). Cambridge, MA: MIT Press.
Rosenberg, S. (1991). Rationality, markets, and political analysis: A social psychological critique of neoclassical political economy. In: K. R. Monroe (Ed.), The economic approach to politics: A critical reassessment of the theory of rational action (pp 120–143). New York: Harper Collins.
Ross, G., & Martin, A. (2006). European social democracy and monetary integration. In: R. M. Fishman & A. M. Messina (Eds), The year of the euro (pp. 212–238). Notre Dame, IN: University of Notre Dame Press.
Ryan, A. (1984). Property and political theory. Oxford: Basil Blackwell.
Scalia, L. J. (1991). Self-interest and democratic theory. In: K. R. Monroe (Ed.), The economic approach to politics: A critical reassessment of the theory of rational action (pp 65–88). New York: Harper Collins.
Schmitter, P. C. (2006). The political impact of European monetary union upon ‘domestic’ and ‘continental’ democracy. In: R. M. Fishman & A. M. Messina (Eds), The year of the euro. The Cultural, Social, and Political Import of Europe's Common Currency (pp 256–271). Notre Dame, IN: University of Notre Dame Press.
Skinner, Q. (1998). Liberty before liberalism. Cambridge: Cambridge University Press.
Smith, D. (1990). Capitalist democracy on trial: The transatlantic debate from Tocqueville to the present. London: Routledge.
Viroli, M. (2002). Republicanism. New York: Hill and Wang.
Author information
Authors and Affiliations
Corresponding author
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2009 Constantinos Karamanlis Institute for Democracy, Athens
About this chapter
Cite this chapter
Lavdas, K.A. (2009). Pragmatism, Not the Market: On the Politico-Economic Division of Labour. In: Arvanitopoulos, C. (eds) Reforming Europe. The Constantinos Karamanlis Institute for Democracy Series on European and International Affairs. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-00560-2_9
Download citation
DOI: https://doi.org/10.1007/978-3-642-00560-2_9
Published:
Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-642-00559-6
Online ISBN: 978-3-642-00560-2
eBook Packages: Humanities, Social Sciences and LawPolitical Science and International Studies (R0)