Rating Politics

Download or read book Rated Agency written by Michel Feher and published by Princeton University Press. This book was released on 2021-09-14 with total page 118 pages. Available in PDF, EPUB and Kindle. Book excerpt: The hegemony of finance compels a new orientation for everyone and everything: companies care more about the moods of their shareholders than about longstanding commercial success; governments subordinate citizen welfare to appeasing creditors; and individuals are concerned less with immediate income from labor than appreciation of their capital goods, skills, connections, and reputations. That firms, states, and people depend more on their ratings than on the product of their activities also changes how capitalism is resisted. For activists, the focus of grievances shifts from the extraction of profit to the conditions under which financial institutions allocate credit. While the exploitation of employees by their employers has hardly been curbed, the power of investors to select investees — to decide who and what is deemed creditworthy — has become a new site of social struggle. In clear and compelling prose, Michel Feher explains the extraordinary shift in conduct and orientation generated by financialization. Above all, he articulates the new political resistances and aspirations that investees draw from their rated agency.

Download or read book Politics against Domination written by Ian Shapiro and published by Belknap Press. This book was released on 2016-04-04 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Ian Shapiro makes a compelling case that the overriding purpose of politics should be to combat domination. Moreover, he shows how to put resistance to domination into practice at home and abroad. This is a major work of applied political theory, a profound challenge to utopian visions, and a guide to fundamental problems of justice and distribution. “Shapiro’s insights are trenchant, especially with regards to the Citizens United decision, and his counsel on how the ‘status-quo bias’ in national political institutions favors the privileged. After more than a decade of imperial overreach, his restrained account of foreign policy should likewise find support.” —Scott A. Lucas, Los Angeles Review of Books “Shapiro has a brief and compelling section on the importance of hope in his first chapter. This book enacts and encourages hope, with its analytical clarity, deep engagement of complicated political issues that resist easy theorizing, and emphasis on the politically possible.” —Kathleen Tipler, Political Science Quarterly “Offers important insights for thinking about democracy’s prospects.” —Christopher Hobson, Perspectives on Politics

Download or read book The Politics of Resentment written by Katherine J. Cramer and published by University of Chicago Press. This book was released on 2016-03-23 with total page 299 pages. Available in PDF, EPUB and Kindle. Book excerpt: “An important contribution to the literature on contemporary American politics. Both methodologically and substantively, it breaks new ground.” —Journal of Sociology & Social Welfare When Scott Walker was elected Governor of Wisconsin, the state became the focus of debate about the appropriate role of government. In a time of rising inequality, Walker not only survived a bitterly contested recall, he was subsequently reelected. But why were the very people who would benefit from strong government services so vehemently against the idea of big government? With The Politics of Resentment, Katherine J. Cramer uncovers an oft-overlooked piece of the puzzle: rural political consciousness and the resentment of the “liberal elite.” Rural voters are distrustful that politicians will respect the distinct values of their communities and allocate a fair share of resources. What can look like disagreements about basic political principles are therefore actually rooted in something even more fundamental: who we are as people and how closely a candidate’s social identity matches our own. Taking a deep dive into Wisconsin’s political climate, Cramer illuminates the contours of rural consciousness, showing how place-based identities profoundly influence how people understand politics. The Politics of Resentment shows that rural resentment—no less than partisanship, race, or class—plays a major role in dividing America against itself.

Download or read book Rating Politics written by Zsófia Barta and published by Oxford University Press. This book was released on 2023-04-27 with total page 225 pages. Available in PDF, EPUB and Kindle. Book excerpt: How do countries' political and policy choices affect the credit ratings they receive? Sovereign ratings influence countries' cost of funding, and observers have long worried that rating agencies - these unelected, unappointed, unaccountable, for-profit organizations - can interfere with democratic sovereignty if they assign lower ratings to certain political and policy choices. The questions of whether, how, and why ratings react to policy and politics, however, remain unexplored. Rating Politics opens the black box of sovereign ratings to uncover the logic that drives rating responses to political and policy factors. Relying on statistical analysis of rating scores, interviews with sovereign rating analysts, and a close reading of the official communications of rating agencies about their decisions, Zsófia Barta and Alison Johnston show that ratings penalize center-left governments and many (though not all) policies associated with the center-left agenda. The motivation for such penalties is not rooted in assumptions about how those political and policy features affect growth and debt servicing capacity. Instead, ratings are lower in the presence of those features because they are expected to make a country more vulnerable to market panics whenever the economy is hit by unforeseen shocks, as they signal insufficient willingness and/or ability to engage in determined austerity for the sake of reassuring markets. Since market panics and the resulting "sudden stops" of funding lead to humiliating collapses of ratings, rating agencies attempt to insure themselves against "rating failures" by pre-emptively assigning lower ratings to countries with the "wrong" political and policy mix.

Download or read book The Price of Politics written by Bob Woodward and published by Simon and Schuster. This book was released on 2013-09-24 with total page 614 pages. Available in PDF, EPUB and Kindle. Book excerpt: Based on 18 months of reporting, Woodward's 17th book is an intimate, documented examination of how President Obama and the highest profile Republican and Democratic leaders in the United States Congress attempted to restore the American economy and improve the federal government's fiscal condition over three and one half years. Drawn from memos, contemporaneous meeting notes, emails and in-depth interviews with the central players, THE PRICE OF POLITICS addresses the key issue of the presidential and congressional campaigns: the condition of the American economy and how and why we got there. Providing verbatim, day-by-day, even hour-by-hour accounts, the book shows what really happened, what drove the debates, negotiations and struggles that define, and will continue to define, the American future.

Download or read book Why Nations Fail written by Daron Acemoglu and published by Currency. This book was released on 2013-09-17 with total page 546 pages. Available in PDF, EPUB and Kindle. Book excerpt: Brilliant and engagingly written, Why Nations Fail answers the question that has stumped the experts for centuries: Why are some nations rich and others poor, divided by wealth and poverty, health and sickness, food and famine? Is it culture, the weather, geography? Perhaps ignorance of what the right policies are? Simply, no. None of these factors is either definitive or destiny. Otherwise, how to explain why Botswana has become one of the fastest growing countries in the world, while other African nations, such as Zimbabwe, the Congo, and Sierra Leone, are mired in poverty and violence? Daron Acemoglu and James Robinson conclusively show that it is man-made political and economic institutions that underlie economic success (or lack of it). Korea, to take just one of their fascinating examples, is a remarkably homogeneous nation, yet the people of North Korea are among the poorest on earth while their brothers and sisters in South Korea are among the richest. The south forged a society that created incentives, rewarded innovation, and allowed everyone to participate in economic opportunities. The economic success thus spurred was sustained because the government became accountable and responsive to citizens and the great mass of people. Sadly, the people of the north have endured decades of famine, political repression, and very different economic institutions—with no end in sight. The differences between the Koreas is due to the politics that created these completely different institutional trajectories. Based on fifteen years of original research Acemoglu and Robinson marshall extraordinary historical evidence from the Roman Empire, the Mayan city-states, medieval Venice, the Soviet Union, Latin America, England, Europe, the United States, and Africa to build a new theory of political economy with great relevance for the big questions of today, including: - China has built an authoritarian growth machine. Will it continue to grow at such high speed and overwhelm the West? - Are America’s best days behind it? Are we moving from a virtuous circle in which efforts by elites to aggrandize power are resisted to a vicious one that enriches and empowers a small minority? - What is the most effective way to help move billions of people from the rut of poverty to prosperity? More philanthropy from the wealthy nations of the West? Or learning the hard-won lessons of Acemoglu and Robinson’s breakthrough ideas on the interplay between inclusive political and economic institutions? Why Nations Fail will change the way you look at—and understand—the world.

Download or read book Women and Politics around the World [2 volumes] written by Joyce Gelb and published by Bloomsbury Publishing USA. This book was released on 2009-03-30 with total page 816 pages. Available in PDF, EPUB and Kindle. Book excerpt: A unique two-volume examination of the progress women have made in achieving political equality, Women and Politics around the World addresses both transnational and gender-related issues as well as specific conditions in more than 20 countries. Women and Politics around the World: A Comparative History and Survey is an exploration of the role of women in political systems worldwide, as well as an examination of how government actions in various countries have an impact on the lives of the female population. Women and Politics around the World divides its coverage into two volumes. The first looks at such crucial issues facing women today as health policy, civil rights, and education, comparing conditions around the world. The second volume profiles 22 different countries, representing a broad range of governments, economies, and cultures. Each profile looks at the history and current state of women's political and economic participation in a particular country, and includes an in-depth look at a representative policy. The result is a resource unlike any other—one that gives students, researchers, and other interested readers a fresh new way of investigating a truly global issue.