payoffs that are too uncertain, too big or too far into the future to be attractive to private investors. In general, the development of finance is associated with higher levels of income in the population (Kay, 2015 , 3). In addition, lenders need to be protected against the risk of insolvent or fraudulent borrowers. That is why we have banks and some form of state-guaranteed protection of bank deposits. In principle, if not in practice, money is a publicgood.
However, that is not how banks see it. The financial sector has grown into a global Moloch that, although
University di Roma « La Sapienza »
Democracy as a PublicGood:
Efficiency versus Effectiveness
1. - Introduction
Democracy in government, viewed as a publicgood in Buchanan's
sense', appears both as a flow d and as a stock D. d is constituted by the
«democratic decisions» relating to governments; D is constituted by two
inter-related classes of assets. The first consists of the procedures through
which democracy flows are produced; the second consists of trust in demo
cracy: i.e. « public awareness of men's willingness to act in
Education and training: from publicgood to private responsibility
In the previous chapter we explored the expansion of education and
training, showing how it has become a central feature of young people’s
lives. Our case study analysis drew attention to the political processes
that have shaped this area, highlighting how ‘third way’ politics has had
a major impact on determining what was to be achieved. We explored
the implications of the failure of the graduate promise alongside the
limited opportunities provided by vocationalism and
What opportunities do digital technologies present? How do developments in digital media support scholarship and teaching yet further social justice? Written by two experts in the field, this accessible book is the first to look at scholarly practice in the digital era and consider how it can connect academics, journalists and activists in ways that foster transformation on issues of social justice.
The terra firma of scholarly practice is changing. This book offers both a road map and a vision of what being a scholar can be when reimagined in the digital era to enliven the public good, as it discusses digital innovations in higher education as well as reflecting upon what these mean in an age of austerity. It is ideal for students and academics working in any field of humanities or social sciences with a social justice focus.
How is London responding to social and economic crises, and to the challenges of sustaining its population, economy and global status?
Sustainable development discourse has come to permeate different policy fields, including transport, housing, property development and education. In this exciting book, authors highlight the uneven impacts and effects of these policies in London, including the creation of new social and economic inequalities. The contributors seek to move sustainable city debates and policies in London towards a progressive, socially just future that advances the public good.
The book is essential reading for urban practitioners and policy makers, and students in social, urban and environmental geography, sociology and urban studies.
This book unpacks the political economy of China’s COVID-19 vaccine supplies to the Global South. Examining the political and economic forces at play, the book demonstrates how China’s vaccine provisions have been determined by a complex set of commercial interests, domestic politics, and geopolitical relationships.
The book sheds light on how domestic interests shape China’s role in global governance and its international economic engagement. Its analysis contributes to broader academic debates on the politics and economics of crises, as well as offering new insights on how pre-existing political and market forces shape aid and trade in the context of crisis.
COVID-19 has exposed defects in our current political–economic order: extreme wealth inequality, an ideology-driven government, a greedy corporate sector, a precarious labour force and a looming climate catastrophe.
This accessible book offers a unique blend of moral imagination and social–political analysis to overcome these defects. It focuses on two characteristics of contemporary societies – hegemony and complexity – that have inhibited our ability to imagine, and take seriously, better practices and institutions.
Considering housing, work, governance, finance, climate change and more, this book presents feasible and pragmatic solutions which are informed by a comprehensive vision of a flourishing, sustainable and richly democratic society.
Chris O’Leary looks afresh at the reasons for prosocial work choices in the first substantive critique of Public Service Motivation (PSM).
With critical analysis of theoretical and empirical research to date, this book explores the pros and cons of PSM and interrogates the reasons why people choose to work in the public and third sectors. It proposes an alternative theory for the pursuit of service, rooted in rational choice theory, that shows public servants are expressly motivated to confirm their values and identity through their work.
For those involved in public policy, administration and management, this is a constructive and stimulating review of an important but often neglected aspect of the sector.
Public health in the early 21st century increasingly considers how social inequalities impact on individual health, moving away from the focus on how disease relates to the individual person. This ‘new public health’ identifies how social, economic and political factors affect the level and distribution of individual health, through their effects on individual behaviours, the social groups people belong to, the character of relationships to others and the characteristics of the societies in which people live. The rising social inequalities that can be seen in nearly every country in the world today present not just a moral danger, but a mortal danger as well.
“Social inequality and public health” brings together the latest research findings from some of the most respected medical and social scientists in the world. It surveys four pathways to understanding the social determinants of health: differences in individual health behaviours; group advantage and disadvantage; psychosocial factors in individual health; and healthy and unhealthy societies, shedding light on the costs and consequences of today’s high-inequality social models.
This exciting book brings together leaders in the field discussing their latest research and is a must-read for anyone interested in public health and social inequalities internationally.